Markdown_files/FHA handbook/page_826.md

# II. Origination Through Post-Closing/Endorsement

## C. Condominium Project Approval

### 2. Project Eligibility

#### (A) Vertical Buildings

For vertical buildings, legal Phasing is acceptable if:

- All Units in the phase are built out; and
- At least a temporary CO or its equivalent has been obtained for the Units.

#### (B) Detached and Semi-detached Buildings

For a detached or semi-detached development, Phasing is acceptable if:

- All Units in the phase are built out; and
- At least a temporary CO or its equivalent has been obtained for the Units.

#### (C) Required Documentation

Form HUD-9992, FHA Condominium Project Approval Questionnaire, must be submitted along with:

- The CO or its equivalent for each Unit in the Legal Phase; or
- A temporary CO or its equivalent.

### c. General Condominium Project Approval Requirements (08/19/2024)

These general requirements apply to all construction types, including Existing Construction Condominium Projects. Additional or different standards may apply for certain construction types.

To be eligible for Condominium Project Approval, the Condominium Project must:

- Be primarily residential in nature and not be intended for Rental for Transient or Hotel Purposes;
- Consist only of one-family Dwelling Units;
- Be in full compliance with all applicable federal, state, and local laws with respect to zoning, fair housing, and accessibility;
- Be complete and ready for occupancy; and
- Be reviewed and approved by the local jurisdiction.

#### i. Form HUD-9992, FHA Condominium Project Approval Questionnaire

##### (A) Definition

Form HUD-9992, FHA Condominium Project Approval Questionnaire, refers to a set of questions designed to collect pertinent Condominium Project and Unit information for Condominium Project Approval and FHA insurance endorsement.

**Handbook 4000.1**  
Last Revised: 01/10/2025  
Page 787