How the Government Shutdown Impacts Multifamily

“This shutdown is having a very real impact on multifamily residents. senior vice president of government affairs at the National Multifamily Housing Council, told MHN. On Friday last week, the.

As the longest government shutdown in American history heads. One CRE professional, who did not want to be identified, said the shutdown would not cause a direct impact on the industry, but there.

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During a shutdown, the Federal Housing Administration stops approving applications for housing loans. During the 2013 16-day shutdown, the fha delayed processing over 500 applications for loans to develop, rehabilitate, or refinance around 80,000 units of multifamily rental housing. What is the impact on medical research?

When the nation slips into a government shutdown, military members are sometimes among those to feel the pinch. How does a shutdown impact military and retiree pay and benefits or payments from.

A government shutdown would have far-reaching consequences for some, but minimal impact on others. Mail would be delivered. Social Security and Medicare benefits would continue to flow. But.

In most cases, the short-run impacts will be minor. A long-term shutdown, lasting several weeks or a month or more, could have significant impacts on mortgage accessibility and reduce housing demand. In general, NAHB members should expect delays for any housing-related federal government programs that are still operating and plan accordingly.

The Government Shutdown and Multifamily January 9, 2019 As the government shutdown continues on, the media is filled with its impact on government employees, such as those at airports, national parks and government buildings. What hasn’t been reported on in the general media, however, is its impact on housing.

With the partial federal shutdown now in its 32 nd day and Democrats and Republicans in Washington, D.C. seemingly far apart on a deal to end it soon, multifamily industry experts-along with.

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Multi-Housing News published an article yesterday, noting that as the partial government shutdown carries into its fifth week with no end in sight, its effects are being felt throughout the multifamily housing industry. HUD has sent letters to Section 8 property owners and other landlords that receive rental assistance asking them to use their.

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