The $1.7T spending bill that funds the federal government through Sept. covers a number of RE priorities, such as buyer assistance, fair housing and flood insurance.
The National Association of Realtors® (NAR) waded through the massive $1.7 trillion spending bill passed late in 2022 by Congress and created a PDF list of the initiatives that focus on real estate, many of which received increased funding.
The omnibus bill funds the federal government through September 30, 2023, and builds upon the FY 2022 budget to ensure federal continuity of services.NAR’s list of funded priorities important to real estate
Anti-money laundering: Money to develop the beneficial ownership database, which includes information on real estate ownership to support anti-money laundering efforts.
Broadband: The USDA’s ReConnect Broadband program gets $364 million for loans and grants to fund construction, improvement or acquisition of facilities and equipment that provide broadband service in eligible rural areas.Community Development Block Grants: Nearly $6.4 billion goes to the Community Development Block Grant (CDBG) program and other local economic and community development projects that benefit low- and moderate-income areas and people – a $1.6 billion increase in funding.
Community Development Financial Institutions Fund: $324 million for the Treasury Department’s Community Development Financial Institutions (CDFI) Fund. 
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