Evergreen Management Group, An Associa Company

03/26/2026

Fannie Mae & Freddie Mac have made important updates to their lending practices for community associations.

Reserves:
- Associations will now need to increase reserve funding from 10% to 15% of their annual budget starting January 4,2027
- *Unless* there has been a reserve study done within the last 3 years and the association is following the highest recommended funding levels - lenders can no longer use baseline funding method

Lender Reviews:
- Limited review process is no longer going to be allowed starting August 3, 2026
- Lenders will be required to conduct full reviews for all established condominium associations

Insurance Requirements:
- Roofs no longer need to be insured for full replacement cost
- Replacement cost documentation and inflation guard requirements have been eliminated
- Master policy per unit deductible is no capped at $50,000, starting July 1, 2026
- Master policy is still required to cover all other property at 100% of estimated replacement cost

In conclusion, these new guidelines tighten regulations on reserve funding and lender review processes, while loosening insurance requirements.

Here is the full article; https://ow.ly/xfL550YzbLu

03/13/2026

Join us on 3/17 at 6:00pm for an educational webinar featuring special guest, Aaron Bennett, Owner/Principal of Criterium Engineering as we discuss Reserve Studies and Transition Studies. Aaron has been working with communities across New England for over a decade, helping board members create actionable long-term strategies to maintain the communities they serve.

Please see registration link below, and if you cannot attend during the live event if you register you will receive the recording in your inbox after the call.

Register Here:

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03/03/2026

Here at Evergreen Management one of the things we're most proud of is that we've been able to serve the boards and residents of communities across New England for 40 years. As any longstanding business knows, it's the people within the organization that make it all possible. Which is why we're celebrating our very first maintenance technician, Michael McGahey, and his 40 years of commitment to Evergreen Management Group and it's valued clients!

More on Michael here: https://markets.businessinsider.com/news/stocks/evergreen-management-group-of-new-england-celebrates-first-employee-s-40-years-of-service-1035886112

Thank you Michael!

02/13/2026

We're proud to share that our very own Director of Management Services, Bruno Bartoli, is featured in a January edition of the New England Condominium article; Changing Management.

Bruno discusses how expectations and communication are key to successful community management, and highlights the importance of being a responsive, transparent, and community-focused partner.

To read the full article click here - https://newenglandcondo.com/article/changing-management

When changing management companies, the key is doing your due diligence and making sure your contract reflects the needs and expectations of your community.