Can a 203(k) be used to construct a windstorm shelter?

The Standard 203(k) Rehabilitation Mortgage Insurance Program may be used to construct a windstorm shelter.   When a storm shelter is part of the rehabilitation, the Consultant must ensure that its construction is consistent with guidelines issued by the Federal Emergency Management Agency (FEMA). 

The Limited 203(k) may NOT be used to construct a windstorm shelter.  

For more information see Handbook 4000.1 II.A.8.a.vi.(A)(1); II.A.8.a.vii.(B); II.A.9.d.ii.at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-04769