As Congress nears its first of two deadlines to avert a partial government shutdown on Friday, March 1, lawmakers have yet to reach an agreement on a compromise bill to fund federal agencies and programs. The 118th Congress has already passed three short-term Continuing Resolutions (“CRs”) to keep operations afloat, with the most recent one passing on January 18, 2024. That CR funded certain agencies through March 1, and others through March 8, and unless Congress passes another short-term stop-gap bill, or, ideally, a long-term one, operations for those agencies will be partially shutdown. Essential services, such as the post office, will continue to run.
…More from NAR on how this will impact specific programs including real estate HERE