Agency lenders are preparing to implement the new radon testing standards for Fannie Mae and Freddie Mac multifamily loans. The updated policy applies to loan applications received on or after June 30, 2023. In this Globe St. article, Shavaun Cotter and Drew McCreery discuss the Federal Housing Finance Agency’s (FHFA) January announcement regarding the increased sampling requirements.
June 06, 2025
In March 2025, the Federal Housing Finance Agency (FHFA) rescinded its 2022 directive that had imposed standardized radon testing requirements on all multifamily properties financed through Fannie Mae and Freddie Mac. The new radon policy was effective immediately; however, the agency guidance documents would be updated at a later date.
April 23, 2025
State and Local Regulations Will Continue to Drive Fannie Mae and Freddie Mac Radon Testing Practices By Pamela Horne, Environmental Technical Director of Agency Services, and Shavaun Cotter, Technical Director, […]
September 16, 2024
Freddie & Fannie Multifamily Radon Testing Downloadable Interactive Map: Download and save to use interactive features. Then, for more info, hover over states and definitions.