Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers
    • Megacap IPOs Trigger Fund Portfolio Shifts
    • This mutual fund lets you buy SpaceX stock before the IPO – but what are you actually getting?
    • Why Asset Allocation Matters More Than Fund Selection
    • Customizing Your Fixed-Income Allocation With ETFs and Mutual Funds
    • Best SBI mutual fund with up to 32% CAGR: Scheme doubled money in 3 years, tripled it in 5 – Mutual Funds News
    • Top 5 Flexi Cap Mutual Funds Based on Risk-Adjusted Returns – Money Insights News
    • Corporate bond sales cross the Sh100 billion mark for first time
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»How the government shutdown is (and isn’t) impacting housing funds for cities
    Funds

    How the government shutdown is (and isn’t) impacting housing funds for cities

    October 8, 2025


    This story was originally published on Smart Cities Dive. To receive daily news and insights, subscribe to our free daily Smart Cities Dive newsletter.

    As the federal government shutdown enters its second week, here are three ways it is impacting housing funding for local governments. 

    1. Funding for previously approved grants is still available.

    Previously approved funding for programs such as Community Development Block Grants, Home Investment Partnerships and Homeless Assistance Grants remain available for drawdown, according to a Sept. 29 shutdown contingency plan published by the Department of Housing and Urban Development. 

    Grants that don’t require HUD staff can be withdrawn as usual, according to the plan. For funds requiring further action or review, furloughed staff will be recalled “intermittently to review and approve or deny disbursement requests as necessary to avoid an imminent threat to the safety of human life or property.”

    HUD will also continue to make payments under previously obligated Section 8 housing contracts.

    2. The clock on available funding is ticking.

    No new grant funds for housing programs can be approved during the shutdown if reserves are depleted. Funds for public housing and housing vouchers are expected to last into November, according to the National Association of Housing and Redevelopment Officials.

    “Households who rely on HUD assistance should have had their October rent paid,” Kim Johnson, director of policy for the National Low Income Housing Coalition, said in a statement. “However, the longer a shutdown continues, the greater the risk to assisted households, and the greater the disruption to essential federal services and programs.”

    3. Reduction in staff could become the new norm for HUD.

    The Trump administration had already reduced HUD’s workforce by as much as 23% before the shutdown, according to NLIHC. The shutdown furloughs will further pare down staff, as HUD is expected to operate at just under 30% capacity during the shutdown, according to the National Association of Counties. 

    “We know HUD is a much smaller machine than it was even a few weeks ago,” Eric Oberdorfer, director of policy and legislative affairs for NAHRO, said during a webinar Oct. 2. 

    The Trump administration has also threatened mass layoffs for federal employees during the shutdown that could cement further reductions to HUD personnel.

    “This is different from previous shutdowns,” Oberdorfer said. “Usually what happens with staff is that they’re furloughed, they don’t receive pay for the duration of the shutdown, and then [when] they’re brought back to work usually they receive back pay at that point.”

    The staff reductions are impeding HUD’s ability to “perform core functions efficiently,” according to the NLIHC.

    Recommended Reading



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Hedge Funds Are Built To Beat The Market, But Most Indians Cannot Get In: Here’s Why

    May 27, 2026

    Hedge Funds Are Losing Their Edge in a World of ETFs

    May 26, 2026

    Find GuideStone Funds funds and ETFs

    May 25, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

    May 28, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

    May 28, 2026

    In recent years, machine learning has been touted as a game changer for investment management.…

    Megacap IPOs Trigger Fund Portfolio Shifts

    May 27, 2026

    This mutual fund lets you buy SpaceX stock before the IPO – but what are you actually getting?

    May 27, 2026

    Why Asset Allocation Matters More Than Fund Selection

    May 27, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Summons for a written resolution

    July 15, 2024

    $6,470,000,000,000 Crammed Into Money Market Funds As JPMorgan Chase Issues Rate Cut Warning

    October 13, 2024

    Find Federated Investors funds and ETFs

    May 21, 2026
    Our Picks

    Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers

    May 28, 2026

    Megacap IPOs Trigger Fund Portfolio Shifts

    May 27, 2026

    This mutual fund lets you buy SpaceX stock before the IPO – but what are you actually getting?

    May 27, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.