NAHB Seeks Clarification on Administration’s Temporary Pause for Federal Funds
The White House Office of Management and Budget (OMB) has ordered a temporary pause on many federal grants, loans or financial assistance programs effective on Tuesday, Jan. 28 at 5 p.m. ET. However, a federal judge has halted the White House Freeze on federal aid programs until at least Feb. 3.
The OMB memorandum says this temporary pause “requires federal agencies to identify and review all federal financial assistance programs and supporting activities consistent with the president’s policies and requirements.”
NAHB staff is working to clarify the OMB statement to determine what effect it will have on federal housing programs by reaching out to several federal agencies and the White House. We’ve received assurances from the White House and agencies that housing programs are not the intended target of the pause.