The Aftermath of New Fannie Mae Guidelines

Deferred Maintenance Changes

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12:00 PM - 1:00 PM
Wed, July 20

In October 2021 Fannie Mae released new guidelines for Condo & co-op project loans. The requirements apply to buildings with 5 or more units.

The changes took effect for loans effective January 1, 2022. The program will discuss the aftermath of these changes and what the Associations continue to do about it. We will discuss how the changes impact reserve requirements and special assessments.


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Diamond Partners
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We were made to serve community associations. For more than two decades, we've been committed to helping associations reach their financial goals with an unmatched level of service.

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We serve community associations of all sizes throughout the Chicagoland area. We provide common element repair financing to associations as small as six-units as well as to large high-rise communities and sprawling city or suburban townhome associations.

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