House and Senate leadership are working to negotiate a budget deal that would raise the non-defense discretionary (NDD) spending cap, which would increase funding available for housing and community development programs. The NDD cap for fiscal year (FY) 2018 is set at $516 billion, nearly $3 billion below the cap for FY 2017. Congress needs to raise the NDD cap to adequately fund vital housing and community development programs like HOME Investments Partnerships, Project-Based Rental Assistance and the Community Development Financial Institutions Fund. A short-term continuing resolution (CR) is expected to pass before December 8, when the current CR expires, so that Congress has more time to negotiate a budget deal. An additional short-term CR may also be necessary to give appropriators time to rewrite their FY 2018 bills to the new caps.
Congress Prepares to Negotiate Budget Deal as Government Funding Deadlines Looms
