House Passes Bill to Avert Government Shutdown, Extend Flood Insurance Funding
This post was updated on Oct. 1.
By an overwhelming bipartisan vote of 359-57, the House voted on the evening of Sept. 22 to pass a stopgap spending bill that will avert an impending government shutdown by funding every federal government agency at current levels through Dec. 11. The Senate approved the bill on Sept. 30 and President Trump signed the measure into law. Absent congressional action, the government would have faced a shutdown on Oct. 1.
Of note to the housing community, the legislation will keep the National Flood Insurance Program (NFIP) funded through Sept. 30, 2021. 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.
For more information, visit nahb.org.
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