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Industry Updates

HUD Releases Residential Care Facility Radon Testing Guidance in Response to Coronavirus (COVID-19) Emergency

The HUD Office of Residential Care Facilities has released guidance for radon testing during the COVID-19 emergency. Released on April 10, the guidance contained within Mortgagee Letter 20-10 is effective immediately and reads:  Regarding asbestos surveys and radon testing: In situations where interior access to the subject is limited and the asbestos survey (if applicable) and/or radon testing cannot be completed prior to application submittal, ORCF will […]

Categories
Industry Updates

HUD Releases Multifamily Radon Testing Guidance in Response to Coronavirus (COVID-19) Emergency

The HUD Office of Multifamily Housing Programs has released guidance for radon testing during the COVID-19 emergency. Released on April 2, the guidance is effective immediately and reads: For MF FHA-insured lending, in situations where interior access to the subject property is limited, and the asbestos surveys, lead-based paint hazard evaluations, and/or radon testing cannot be completed prior to application […]