What I find is that a lot of property management companies that take care of HOAs don't submit information as needed to keep those associations on the FHA and/or AHFC list.
It's also important to remember that your association can fall of the FHA list for the following reasons:
-too many homeowners are delinquent in dues
-there are too many units in the HOA with an FHA loan on them
-the owner occupied/ tenant ratio is too high
-the association lacks the reserves to take care of major improvements
If your condo association is not on the approved list, it can take a few months for it to be put back on the list, however AHFC will likely take only about a week! If you are thinking of selling in the near future, then you need to take action now to check the approval status and request that your HOA submit their packages right away if they qualify to be approved!
You can look up your association on the FHA list here https://entp.hud.gov/idapp/html/condlook.cfm and your AHFC approval here http://www.ahfc.us/buy/resources/condo-info/cic-list/ ! If you have any questions or need help looking up your association please call me, Brandi Croom, at 317-1992 or email me at email@example.com.