ARCHIVED BLOG POSTS

2013 

I had to re-blog this article regarding the new law in Arizona restricting HOA’s from doing background checks of potential lessees. In order for a condominium project to get on HUD’s approved condo list, this language must be absent from the legal documents.  HUD does not allow HOA Boards to appr...
07/24/2013
FHA Condo Approvals – HUD Industry Call HUD recently released updated guidance for condominium approvals.  The updates address transient leasing, Phase I Environmental Assessments and Site Condominium case number assignments, all of which will be topics for articles this week. In this bulletin HU...
07/23/2013
Santa Ana HOC Updates to Case Processing In HUD’s most recent newsletter, it announced that it will be applying new procedures for certain FHA case processing requests in the Santa Ana Homeownership Center.  The Philadelphia and Denver HOC’s are already using these procedures. Below is a copy of ...
07/18/2013
  FHA Condo Approvals – Budget Issues, Transfer from Reserves  Probably the single most common issue that I run into in helping condominium projects get approved with HUD is transferring money from the reserve account to the operating account.  Most associations do a very good job maintaining a r...
07/11/2013
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