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Last resort housing calculation was determined to be $64,000. The displaced homeowner decided to purchase a home that needed significant rehabilitation. Work he did included install of a new heating system, new roof, new windows, structural work, electric upgrades, replace bathrooms, floors, carpets, and painting. The total cost for the rehab work was just over $64,000. 24.404(c)(ii) allows a displaced person to use their last resort housing payment for "

rehabilitation or and/or additions to an existing replacement dwelling

". Is there any suggested limits as to what constitutes a "rehabilitation" or can the homeowner do whatever they want as long as they don't exceed the calculated last resort payment? By the way, the improvements to the home were very nice but not extravagant and the neighborhood clearly was improved as a result of the work done. The costs charged for the rehab work was also reasonable and closely monitored.

hmmmm
Homebased business