It can be done, basically lifting the house off the foundation, and rebuilding it(or just making the foundation taller).

On a smaller scale It’s been done to homes around me to get 1-2 more cinderblock layers in the basement to make it more habitable. I know of at least one case where somebody did this by themselves with a whole bunch of harbor freight bottle jacks.

I’ve also seen where an entirely new basement/foundation was installed adjacent to the home, the house moved on to the new foundation, and the old foundation then demolished.