The ICF concrete and metal roof will do a great job of Blocking Tv and Fm so yes you will be installing a outdoor antenna. Most large directional Tv antennas are not made for the reception of FM Radio , the antennas are detuned to reduce FM because FM interferes with Tv reception. The HD7697P antenna is not made for the reception of FM Radio. Will the HD7697 receive FM?? The answer is yes. If the FM signals are strong then yes the antenna will receive them. . . The truth is the best antennas for FM reception are FM antennas with separate coax to the FM receiver. Here is a Winegard FM antenna for local reception HD6010. Winegard also makes 2 more FM antennas that are directional FM antennas for weak and long distance reception. . The Winegard HD line of Tv antennas are Heavy Duty antennas that are built to with stand harsh weather. . . . If the signal distribution system has a low gain distribution amplifier then that should be Ok. . Also read and understand this about , Real Digital Tv Channels , Virtual digital Tv Channels , Analog Tv Channels.
http://forum.tvfool.com/showthread.php?t=695. . Here are places to buy Tv antennas and etc..
http://www.winegarddirect.com ,
http://solidsignal.com ,
http://www.3starinc.com ,
http://www.amazon.com