News
Government Shutdown Update – Rural Housing Service
Congress has yet to reach an agreement on any of the Fiscal Year (FY) 2026 funding bills or a short-term Continuing Resolution. As a result, the federal government has shut down, and the shutdown is now entering its fifth week. As CARH members know, the longer the shutdown continues, the greater the impact will be on affordable housing programs that rely on federal funding.
Flood, Cleaver Introduce HOME Reform Act
This week Chairman Mike Flood (R-NE) and Ranking Member Emanuel Cleaver (D-MO) of the Housing and Insurance Subcommittee of the House Financial Services Committee introduced the HOME Reform Act of 2025 (H.R. 5798) that would make numerous changes to the administration of the HOME Investment Partnerships Program. A summary of the most significant changes included in the bill follows.
Road to Housing Act Included in NDAA Passed by Senate
On Oct. 9, the Senate passed the Fiscal Year (FY) 2026 National Defense Authorization Act (NDAA), which notably includes the bipartisan ROAD to Housing Act, co-led by Senator Tim Scott (R-SC) and Senator Elizabeth Warren (D-MA). This marks the first major housing package to advance through the Senate in nearly 17 years, representing a significant bipartisan achievement for housing advocates nationwide.
FHFA Expands America’s Affordable Housing Supply in Rural and Underserved Communities; 2) Senate Passes FY 2026 Agriculture Appropriations Bill
FHFA Expands America’s Affordable Housing Supply in Rural and Underserved Communities; 2) Senate Passes FY 2026 Agriculture Appropriations Bill
FY 2026 Funding Bills for the Department of Housing and Urban Development and the United States Department of Agriculture Advance
Both the House of Representatives and the Senate are continuing to advance their various appropriations bills that will fund the federal government in Fiscal Year (FY) 2026, which begins on October 1, 2025.