Federal Advocacy Update

Government Funding Deadline Looms

The U.S. House of Representatives passed a stopgap funding bill intended to keep the government running through November 21 and avert a partial shutdown set for October 1. Now, the bill heads to the Senate, which must approve it (or some alternative funding measure) before the clock runs out at the end of the fiscal year on September 30. If a measure isn’t passed and signed into law by both chambers by October 1, many federal operations risk being shut down.

Here is what a government shutdown could mean for the real estate industry.

Reprinted from the National Association of REALTORS REALTOR Party Newsletter.