One-Week Funding Bill Averts Partial Government Shutdown
Congress has approved a one-week extension to prevent a partial government shutdown that was set to begin on Dec. 17. The extra week will give lawmakers time to craft a comprehensive bill that will fund government agencies through the end of the fiscal year, which runs through Sept. 30, 2023.
The one-week extension also means that the National Flood Insurance Program(NFIP) will be extended an additional week through Dec. 23. NAHB continues to work with Congress to achieve a long-term reauthorization of the NFIP that will keep the program fiscally sound and let builders provide safe and affordable housing.
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Which Local Markets Track National Trends the Most: 2024 Multifamily MAIFollowing the release of the 2024 single-family MAI last week, the National Association of Home Builders developed the Multifamily Market Association Index (MAI) to measure how closely multifamily building permits in metro areas follow national patterns.
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Economics
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