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FHA 203k Streamline

 

 

What improvements are eligible under the new Streamlined (k) program?

 

·        Repair/Replacement of roofs, gutters and downspouts

·        Repair/Replacement/upgrade of existing HVAC systems

·        Repair/Replacement/upgrade of plumbing and electrical systems

·        Repair/Replacement of flooring 

·        Minor remodeling, such as kitchens, which does not involve structural repairs

·        Painting, both exterior and interior

·        Weatherization, including storm windows and doors, insulation, weather stripping, etc.

·        Purchase and installation of appliances, including free-standing ranges, refrigerators, washers/dryers, dishwashers and microwave ovens

·        Accessibility improvements for persons with disabilities

·        Lead-based paint stabilization or abatement of lead-based paint hazards 

·        Repair/replace/add exterior decks, patios, porches

·        Basement finishing and remodeling, which does not involve structural repairs

·        Basement waterproofing

·        Window and door replacements and exterior wall re-siding

·        Septic system and/or well repair or replacement

 

What are the minimum and maximum amounts for repair costs under this program?

 

The maximum repair cost is $35,000.  There is no minimum. 

 

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