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Industry Updates

HUD MAP Guide – Key Radon Measurement and Mitigation Updates

The HUD Office of Multifamily Housing Programs has released its updated Multifamily Accelerated Processing (MAP) Guide. Released on December 18, 2020, the guidance goes into effect on March 18, 2021. Key updates to radon measurement and mitigation requirements include: Section 9.6.3.2.C – the previous guidance permitted the radon professional to conclude that testing or mitigation isn’t […]

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Industry Updates

Indiana Adopts Emergency Rule for Radon Measurement and Mitigation

Effective July 8, 2020, the Indiana State Department of Health has promulgated an emergency rule updating its radon measurement and mitigation requirements. The rule significantly impacts multifamily and residential care lending transactions being processed through HUD, Fannie Mae, and Freddie Mac. Key points of the emergency rule include: as a condition of licensure, radon contractors […]

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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 […]

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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 […]