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.
Latest from NAHBNow
Sep 10, 2025
NAHB Scores Job Corps Victories Amid House Funding CutsThe U.S. House Appropriations Committee voted yesterday to cut fiscal year 2026 funding for Job Corps to $880 million from the current $1.7 billion. Amendments offer opportunities to keep centers open and assurances for additional negotiation.
Sep 09, 2025
NAHB Calls on Congress to Protect Energy ChoiceNAHB today called on Congress to help ease the housing affordability crisis by supporting policies that preserve energy choice, ensure access to a full range of appliances and maintain flexibility in building energy codes that are critical to keep housing affordable and attainable for America’s families.
Latest Economic News
Sep 10, 2025
Year-over-Year Building Material Price Growth AdvancesPrice growth for residential building materials rose for the fourth straight month in August, reaching its highest level since January 2023. Across domestic inputs goods and services into residential construction, service prices decreased in August while goods prices slightly advanced.
Sep 09, 2025
Share of New Homes with Patios Edges Down for First Time in Fifteen YearsFor the first time in 15 years, the share of new homes with patios finally declined in 2024, according to NAHB tabulation of data from the Survey of Construction (conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development).
Sep 09, 2025
Who Are NAHB Remodelers?Twenty-one percent of NAHB builder members listed residential remodeling as their primary business activity, according to the 2024 Member Census. These remodelers tend to be relatively small companies, with a median of five employees, $1.7 million in median revenue, and 15 remodeling jobs completed over $10,000.