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Properties requiring repairs that (i) exceed $65,000 or (ii) exceed 50% of the worth of the structure immediately earlier than the injury occurred (as such value is determined in accordance with relevant laws) are deemed not appropriate for Rehabilitation and will qualify for Reconstruction assistance, or the Tier III category.
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Study in regards to the HUD Title 1 Property Improvement Loan program. The Emergency House Repairs VI Program supplies FREE repairs to eligible proprietor-occupied houses that were damaged throughout Hurricanes Irma or Maria in September 2017. Note: Program help is subject to funding availability, program limitations, residential constructing permit requirements, earnings eligibility, property circumstances and residency.