General World News

President Biden, officials and housing groups warn of impending shutdown’s impacts

With the U.S. House of Representatives Republican majority unable to bring government funding measures to the House floor for a vote, federal officials, lawmakers and agencies are preparing for a federal government shutdown that would take place after current appropriations expire at midnight on September 30.

Organizations including the National Low Income Housing Coalition (NLIHC), the National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) have sounded the alarm over the impacts such a shutdown would bring to the U.S. mortgage and housing ecosystems.

Meanwhile, government officials including cabinet secretaries and the details ⇒

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