The 2025 US Government Shutdown: Devastating Impacts on the Multifamily Industry
On October 1 2025 the U.S. federal government entered a funding lapse and many agencies began limited or no operations, marking a full (or near-full) federal government shutdown. For the multifamily sector, the implications span financing, project timelines, underwriting, operations and market psychology. Key Channels of Impact Financing and lending delays The largest multifamily…

