FHA 203K Program: What Improvements are you Allowed to Make?

The FHA 203K Program allows homeowners to make repairs, improvements, modifications and upgrades  that increase the value of their current home or a home they are purchasing.  Several times I have been asked what improvements are allowed under the 203K program.  This program is not intended to provide funds for what HUD may consider luxury items such as a new pool/spa/jacuzzi or a gazebo or outdoor kitchens but this program does allow for many improvements that do allow a home do drastically improve in value, comfort and livability.  

       Some of the most common FHA 203K Eligible Improvements are as follows...

• Repair and Replacement/upgrade of plumbing and electrical systems

• Repair and Replacement of flooring

• Repair and Replacement/upgrade of existing HVAC systems

• Repair and Replacement of gutters, downspouts and roofs 

• Kitchen remodeling

• Exterior and Interior Painting

• Weatherization : this includes weather stripping,insulation, storm windows and doors, etc.

• Purchase and installation of new appliances, including : free standing ranges, refrigerators, washers, dryers, dishwashers and microwaves

• Accessibility improvements and upgrades for persons with disabilities

• Energy Efficient upgrades (windows, insulation, solar systems, etc.)

• Mold Removal and Remediation

• Lead based paint stabilization and/or abatement of lead-based paint hazards

• Repair, Replace or Add exterior patios, decks, porches

• Basement finishing, basement remodeling and basement waterproofing

• Window and door replacements

• Exterior wall siding

• Septic system repair or replacement

• Well repair or replacement

• Structural repairs and modifications ( includes moving walls, repairing foundations, etc.)

If you have questions about whether a particular improvement would be eligible for the FHA 203K program, just let us know.