FHFA to Increase Radon Sampling Requirements
The Federal Housing Finance Authority is evaluating EPA recommendations to adopt radon testing standards for all Fannie Mae and Freddie Mac loans. At a recent listening session, FHFA heard from representatives from medical organizations and health advocates as well as lenders, investors, and multifamily housing organizations to begin to determine how much testing is appropriate to protect tenants and how increased sampling requirements will impact multifamily transactions. Read more about radon, potential requirement changes, and the listening session in this article from GlobeSt.com.
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