Any improvement made to a building at least three years after the building was placed in service; improvements made over 25 percent of the value of the building over a two-year period.
Related information about substantial improvement:
- Substantial Improvement/Substantial Damage Desk Reference
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- Substantial Improvement/Substantial Damage Desk Reference
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- Substantial Improvement/ Damage Review - City of St. Petersburg
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Substantial Improvement/Substantial Damage are everyday issues, not just post- disaster; and they apply to all buildings in the floodplain. In order to participate ...