Examples of Substandard suitable for rehabilitation in a sentence
Substandard suitable for rehabilitation means any housing unit or a building containing housing units where the estimated cost of making necessary replacements and repairs is less than 75 percent of the estimated cost of new construction of a comparable unit or units.
HOME projects have POAs that depend on the type of project and the amount of funds invested per HOME-assisted unit as follows: 3 "Substandard suitable for rehabilitation" means any housing unit or a building containing housing units where the estimated cost of making necessary replacements and repairs is less than 75 percent of the estimated cost of new construction of a comparable unit or units.4 “Reconstruction” means rebuilding after a fire, flood, or other natural disaster.