FHA Condominium Project Approvals Expiration Dates Extended

FHA announces extension of condominium project approvals with an expiration date of December 7, 2010. The extensions were granted to reduce the impact of processing and reviewing the number of project approvals expiring at the same time while recognizing current housing market conditions.

Here are the new dates:

Initial Project Approval Dates

1972 – 1980

1981 – 1985

1986 – 1990

1991 – 1995

1996 – 2000

2001 – 2005

2006 – 2008 (Sept)

Current Expiration Date

December 7, 2010

December 7, 2010

December 7, 2010

December 7, 2010

December 7, 2010

December 7, 2010

December 7, 2010

New Expiration Date

December 31, 2010

December 31, 2010

May 31, 2011

July 31, 2011

August 31, 2011

September 30, 2011

March 31, 2011

Have a great day-and please let us know if we can help with home financing needs of your clients!
Thank you!

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