HOLDING PATTERN CONTINUES WHILE CONDOMINIUM COMMUNITIES AWAIT NEW FHA CERTIFICATION GUIDELINES

By: Tracy N. Danner-Bond, Esq.

On August 30, 2017, Mortgagee Letter 2017-13 was published, announcing yet another extension of the temporary condominium project approval policy provisions for FHA Certification. The additional extension is needed for HUD to complete the changes to the Condominium Project Approval and Processing Guide, initially published on June 30, 2011, and its subsequent implementation. There is no word on when the new Guide will be completed and implemented. So, the 5 year-plus holding pattern continues. . . .
Tracy N. Danner-Bond is a partner with the firm. Prior to joining the firm in 2004, she practiced estate planning, probate, and tax law. In addition to continuing her practice in estate planning law, Tracy has extensive experience in community association law. Her particular expertise includes FHA certification, document amendments, collection matters, and Bylaw violations.

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