Congress Averts Partial Government Shutdown

Advocacy
Published

With the National Flood Insurance Program (NFIP) and federal government just hours away from lapsing, House and Senate lawmakers voted to ensure the continued operations of the federal government, including the NFIP, through March 14.

The continuing resolution includes a clean short-term extension of government funding, aid for disaster relief and farmers, and reauthorization of the farm bill.

While NAHB is disappointed that some key code-related legislative priorities were left out due to political disagreements on the size and scope of the final package, NAHB will nevertheless continue to push for these priorities moving forward in the new year.

NAHB will continue to monitor developments closely and weigh in as appropriate.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

IBS

Nov 14, 2025

Last Chance to Apply for 2026 Best of IBS Awards

Exhibitors at the NAHB International Builders’ Show® (IBS) have an opportunity to spotlight their innovative new products each year through the Best of IBS Awards. Don't miss your chance - apply by Friday, Nov. 21.

Fall Leadership Meeting | Membership

Nov 14, 2025

Watch Livestreams of Key Fall Leadership Meetings

NAHB leadership, including committee and council members, will gather Nov. 17-19 for the 2025 Fall Leadership Meeting in Denver.

View all

Latest Economic News

Economics

Nov 13, 2025

Unchanged Lending Conditions for Residential Mortgages in Third Quarter

Lending standards for most types of residential mortgages were essentially unchanged, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were modestly tighter, while multifamily was essentially unchanged. Demand for both CRE categories was essentially unchanged for the quarter.

Economics

Nov 12, 2025

Adjustable-Rate Mortgage Applications Rise

All types of mortgage activity rose on a year-over-year basis in October, supported by recent declines in interest rates. Notably, adjustable-rate mortgage (ARM) applications more than doubled from a year ago, and refinancing activity continued to strengthen.

Economics

Nov 12, 2025

Employment Loss and Post-COVID Recovery Across U.S. Metro Areas

In April 2020, total payroll employment in the United States fell by an unprecedented 20.5 million, following a loss of 1.4 million in March, as the COVID-19 pandemic brought the economy to a sudden halt. The unemployment rate surged by 10.4 percentage points to 14.8% in April. It was the highest rate effectively since the Great Depression.