Congress Approaches Funding Deadline

Government funding is set to expire on September 30th, and Congress has yet to agree on any funding measures to keep the government open. If a CR (Continuing Resolution) or another funding bill is not passed by midnight on the 30th, it will result in a government shutdown. In that case, all non-essential operations will be paused until a funding measure is passed. Essential services such as the post office will remain open. NAR continues to urge Congress to pass a long-term funding measure to keep the government open and avoid disruptions to federal programs such as NFIP and FHA loans. For more information, see NAR’s resource on what a government shutdown means for REALTORS®.