HUD Updates Rules

2019-10-11T14:29:30-04:00

On August 14, 2019, the U.S. Department of Housing and Urban Development (HUD) released the final rule on project approval for single-family condominiums insured by the Federal Housing Administration (FHA). The final rule goes into effect on Oct. 15. The finalized changes ease restrictions on FHA financing for condominiums. Single Unit Approval HUD suspended the ability [...]