Congress Funds the Government, Reauthorizes NFIP Through September 30

With a shutdown deadline looming at midnight on March 14, Congress has approved legislation that will fund the government through Sept. 30, 2025, the end of the current fiscal year. The bill essentially keeps last year’s overall spending levels flat but includes a slight increase for defense spending.

Of note to the housing community, the legislation also extends authorization of the National Flood Insurance Program (NFIP) through Sept. 30. 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.