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Rehabilitation Mortgage Insurance

Program Information

Popular name

FHA Rehabilitation Mortgage- 203(k)

Program Number

14.108

Program objective

FHA's 203(k) Rehabilitation Mortgage program is HUD's primary program for the rehabilitation and repair of one to four family properties. It is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities. The 203(k) program works with either a purchase or refinance transaction and allows the cost of making repairs and/or improvement to be included in the loan amount.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

  1. National Housing, II, 203(k), National Housing Act, as amended, Section 203(k).

Program details

Eligible applicants

Eligible beneficiaries

  • Anyone/general public
  • Individual/Family

Additional resources