On February 12, the Administration sent Congress its formal Fiscal Year (FY) 2019 Budget request, “Efficient, Effective, Accountable: An American Budget”.
On February 9, HUD published in the Federal Register a notice allocating and providing guidance on the use of $7.39 billion in Community Development Block Grant disaster recovery (CDBG-DR) funds to certain states and territories impacted by the 2017 hurricanes.
President Trump this morning signed a two-year bipartisan budget agreement lifting the caps on federal spending for FY 2018 and FY 2019 by almost $300 billion and extending current funding levels until March 23 so that Appropriators will have time to write final FY 2018 spending bills using the new caps.
On January 22, President Trump signed a new stopgap spending bill for Fiscal Year (FY) 2018, officially ending a three-day government shutdown. This Continuing Resolution (CR), which passed the House and Senate earlier in the day, is the fourth in a series of short-term spending bills since the 2018 fiscal year began in October. The CR funds federal programs, including HUD and USDA affordable housing programs, at FY 2017 levels; reauthorizes the National Flood Insurance Program through February 8; and funds the Children’s Health Insurance Program (CHIP) for six years.
The House approved the measure yesterday by a margin of 235-193, and the Senate approved it hours later by a margin of 81-14. The previous FY 2018 CR would have expired at midnight tonight.