2023 Roundup: Federal Policy Developments in Neighborhood Revitalization
Center for Community Progress
DECEMBER 18, 2023
FHA Improvements to the 203(k) Rehab Mortgage Program The 203(k) rehab mortgage program allows a person to buy a house that needs to be rehabbed or modernized by consolidating the finance of the home purchase and cost of rehabilitation through a single mortgage. It also lets homeowners finance the rehabilitation of their existing home.
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