FHA Announces New Financing Policies for Condos

August 14, 2019 Mike Albanese

The Federal Housing Administration (FHA) announced on Wednesday new regulations and policies for the condominium approval process, aimed to help affordability for first-time buyers.  New rules and the new “Condominium Project Approval” section of the Single-Family Housing Policy Handbook provides a revision to the process.  “Condominiums have increasingly become a source of affordable, sustainable homeownership ...

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