Episode Synopsis "Revised Federal Underwriting Guidelines for Multi-Family Projects"

The Feds have revised underwriting guidelines, effective October 15, 2019, relaxing standards in place since 2011. This stands to open up more possibility for FHA financing in communities. Among the revisions:Up to 65% of units can be rented without losing eligibilityIncreased the length of time that a project approval lasts (from 2 years up to 3 years)New revisions allow for spot-approval of a project

Listen "Revised Federal Underwriting Guidelines for Multi-Family Projects"

More episodes of the podcast Moeller Graf Podcast

• Amending Documents
• Is My Community Subject to CCIOA?
• Angry members – and the cost (and benefit) of communication
• Revised Federal Underwriting Guidelines for Multi-Family Projects
• Budget Ratification Procedure
• Deferred Maintenance, Reserve Funding & Assessments
• The Business Judgment Rule
• Aging, children, fair housing and safe harbor in community associations
• Annual Meetings: the dreaded check-in table
• Short Term Rental Restrictions
• "It's Over" – State of Colorado no longer regulates Community Association Managers