HUD's 203K - What do you know?

New fix reader left a comment this morning in the recent post about 1000 Demolitions from the other day. Wants to know about experience readers here may have had or are having with HUD's 203K Rehab Program.

The Section 203(k) program is the Department's primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities.

Please share your experience or leave e-mail address in comments if you want to stay private. Bankers and mortgage people reading this, let me know if you participate. And contractors, too.

Any additional innovative re-hab financing programs available?

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