---
kind: "section"
citation: "24 C.F.R. § 35.620"
title: "24"
number: "35.620"
heading: "Multifamily insured property constructed before 1960."
url: "https://uscodex.org/cfr/24/35.620"
---

# §35.620. Multifamily insured property constructed before 1960.


Except as provided in [§ 35.630](/cfr/24/35.630.md), the following requirements apply to multifamily insured property constructed before 1960:

- (a) **Risk assessment.** Before the issuance of a firm commitment the sponsor shall conduct a risk assessment in accordance with [§ 35.1320(b)](/cfr/24/35.1320.md?p=b).
- (b) **Interim controls.**
  - (1) The sponsor shall conduct interim controls in accordance with [§ 35.1330](/cfr/24/35.1330.md) to treat the lead-based paint hazards identified in the risk assessment. Interim controls are considered completed when clearance is achieved in accordance with [§ 35.1340](/cfr/24/35.1340.md).
  - (2) The sponsor shall complete interim controls before the issuance of the firm commitment or interim controls may be made a condition of the Federal Housing Administration (FHA) firm commitment, with sufficient repair or rehabilitation funds escrowed at initial endorsement of the FHA insured loan.
- (c) **Ongoing lead-based paint maintenance activities.** Before the issuance of the firm commitment, the sponsor shall agree to incorporate ongoing lead-based paint maintenance into regular building operations and maintenance activities in accordance with [§ 35.1355(a)](/cfr/24/35.1355.md?p=a).

## Notes

### Source

Source: 64 FR 50209, Sept. 15, 1999, unless otherwise noted.

### Authority

Authority: 42 U.S.C. 3535(d), 4821, and 4851.