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HUD HOC Reference GuideHazards & Nuisances: Railroad Tracks and Other High Noise SourcesChapter 1Appraisal & Property Requirements Page 1-18b 1. New Construction (The definition of new construction includes proposed, under construction and less than one year old.) - appraisers and builders are to pay particular attention to Item 1.b. "Noise" on form HUD-92541, Builder's Certification of Plans, Specifications & Site. 2. Existing Construction (over 1 year of age) - Noise exposure by itself will not necessarily result in the rejection of the property for FHA financing. Marketability factors should be considered. 3. For all single family dwellings FHA does not require noise assessment or acoustical analysis. HUD no longer has noise requirements (Ldn/dba) for single family dwellings, this does not include condominium projects.
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Content Archived: October 25, 2012 | ||