Government Shutdown: As the government shutdown enters its second week, NAA is monitoring for several potential impacts. NAA has compiled industry resources such as sample communications for property managers and affected residents. View the resources and learn more.
The Latest: According to the National Association of Housing and Redevelopment Officials, funds for the Public Housing Operating Fund, HAP and Admin Fee payments have now been loaded through the end of the year. Read NAA’s live updates article for the latest on the shutdown and industry impacts.
ROAD to Housing Act Advances: Late Thursday, the U.S. Senate passed the ROAD to Housing Act as an amendment to the National Defense Authorization Act for FY 2026 (S. 2296). The bill now heads to the U.S. House. Read the latest.
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Shutdown Impacts: Rural loans, flood insurance and mortgage approvals are at risk of stalling. NAA’s Associate Vice President of Housing Policy and Regulatory Affairs Nicole Upano told CNN Business “there should not be any immediate disruption for any residents who benefit from Section 8 housing choice vouchers.” Read more about potential challenges that could persist.
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Political Affairs Update: From NAA joining the Democratic Municipal Officials (DMO) for their autumn summit to another successful Advocacy Academy, NAA continues to provide the latest in political affairs for the industry. Read more.
Deeper Dive: Learn more about the winner for Advocate of the Year, Crystal Moya, VP of Operations for LUMA Residential, who has greatly impacted the industry on a state, local and national level.
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Flood Insurance: “Slower mortgage approvals, stalled rural home loans and a freeze on new flood insurance policies: The government shutdown, which began at midnight on October 1, could gum up some of the gears that keep the U.S. housing market running.” (CNN)
Housing Market: “Washington, D.C.’s housing market has held up better than expected this year, despite large-scale federal layoffs. Now with the government shutdown and buyout pay ending for thousands of federal employees, the area’s housing market faces its toughest challenges yet.” (The Wall Street Journal)
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