Dear NAHMA Members,

Today, the U.S. Congress reached an agreement to reopen the government until February 8, 2018 under another temporary funding measure. The three-week Continuing Resolution (CR) was approved 81-18 in the Senate and 266-150 in the House. The President is expected to sign the measure this evening.

The amended CR, which is the fourth stopgap spending bill enacted this fiscal year, continues federal funding at mostly 2017 levels until early February, buying legislators time to reach a deal on overall spending limits and a full- or two-year budget. In the meantime, the measure continues to extend the National Flood Insurance Program and allows HUD to adjust funding for PHAs to administer Housing Choice Vouchers in disaster-declared areas. The Children’s Health Insurance Program, another sticking point during negotiations, will be extended for 6 years under the measure.

Once official operations resume, we expect a HUD notification that physical inspections will resume. All other govt. operations, including HUD and the USDA Rural Housing Service, should resume normally. NAHMA will continue to monitor the situation and keep members up to date.

Thanks,

Juliana

 Juliana Bilowich, Government Affairs Coordinator

National Affordable Housing Management Association

400 N. Columbus St., Suite 203, Alexandria, VA 22314

Phone 703-683-8630, ext.116 Email jbilowich@nahma.org, Website www.nahma.org