The FHA enhancement program refers to a specific initiative aimed at assisting borrowers who have struggled with previous mortgage delinquencies or foreclosures due to extenuating circumstances beyond their control but have shown improvement in their financial situation since then. This program allows these borrowers to be eligible for new FHA-insured mortgage financing sooner than they would under standard guidelines. Through the enhancement program, these individuals can apply for new loans within one year of completing their previous foreclosure or three years after a short sale, provided they meet certain criteria regarding creditworthiness and demonstrate responsible financial behavior since then. By offering this program, the FHA seeks to provide opportunities for borrowers to re-enter the housing market and rebuild their financial stability.