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condo THE RESIDENCES OF THATCHER FHA-approval status (A004175/001) Last Updated
Condo / Submission ID: A004175 / 001
Condo NameTHE RESIDENCES OF THATCHER
AddressRIVER WOODS DR
MELROSE PARK, IL 60160
CountyCOOK
ApprovalHRAP
Status Approved
Approved On: 2024-06-13
Concentration3.33%
CompositionDOC # 0700515046 PROJECT NAME THE RESIDENCES OF THATCHER WOODS**
ManufacturedNo
Document StatusRecorded/Uploaded
Submitted2024-06-13
Expiration 2027-06-13
Comments
Approved 06/13/24

Rejected 05-30-2024

HUD-9992 Questionnaire identifies the management company as Westward 360 INC. however the Management Agreement indicates Cortland Properties as the managing agent. Provide active Management Agreement and include current Management Company on Fidelity Coverage.

Certificate of Insurance expired May 30, 2024. Provide current COI Coverage renewal.

Submission includes recorded Declarations and recorded Articles of Incorporation however recorded Bylaws were omitted in the condo submission.

HUD-9992 section 3d. Legal Phasing must be completed.