In March 2026, Fannie Mae and Freddie Mac issued matching updates raising the minimum condo reserve allocation from 10% to 15% of budget, alongside the retirement of the streamlined Limited Review. For condo boards anywhere in the country, these rules effectively function as a national reserve mandate, because failing them makes units nearly impossible to finance.
HOA Boards should immediately do the following:
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Calculate your current reserve allocation
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Get a current reserve study
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Fund to the study’s highest recommendation
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Address critical repairs that could drain reserves
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Keep Documentation Current
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Act NOW
For full details – check out this article.
