If a property needs repairs, can an escrow holdback be done and repairs completed after close of escrow?

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If a property needs repairs, can an escrow holdback be done and repairs completed after close of escrow?

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We recently added a limited 203k loan to our offerings. Check out all the details here:

http://www.calhfa.ca.gov/homeownership/bulletins/2018/2018-03.pdf

CalHFA does not lend money directly to consumers. CalHFA works through and uses approved private lenders to qualify consumers and to make all mortgage loans. CalHFA purchases closed loans that meet CalHFA's requirements. The fees consumers pay could be different depending on the lender and the program.

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If a property needs repairs, can an escrow holdback be done and repairs completed after close of escrow?

https://www.fuzeqna.com/calhfa/ext/kbdetail.aspx?kbid=492