CONDO ACTION PLAN(Approved Condo’s) CONDO PROJECT IS HUD APPROVED BETWEEN 10/1/2008 – 12/07/2009

CONDO ACTION PLAN(Approved Condo’s)
CONDO PROJECT IS HUD APPROVED BETWEEN 10/1/2008 – 12/07/2009

1. Project will remain on approved list until the 2 year anniversary of the HUD approval. Project must be “Re-certified” by HUD prior to 2 years from the date of the HUD approval or it will be terminated from the list. ** Deadline for Recertification published on HUD website.

2. Mark calendar to begin re-certification process in May/June of 2010 or 2011.

3. Make contact with management/developer/Homeowners association to alert them about significant changes. B2B Opportunities.

4. Remember, re-certifications will be subject to new guidelines. If there are issues with approvability, it should be managed pro-actively.

CONDO PROJECT IS HUD APPROVED PRIOR TO 10/1/2008

1. Re-certification is required on or before 12/07/2010.

2. Mark calendar to begin re-certification process in May/June 2010.

3. If qualifies, you will need to get engaged directly with management company to begin process and to gather necessary documents for processing of re-certification.

4. B2B Opportunities … GET ENGAGED!


Contact Ann Zeilingold at azeilingold@fmm.com or 914-260-9000 to help you facilitate the approval process.