The NFIP requires that if the cost of reconstruction, rehabilitation, addition, or other improvements to a structure equals or exceeds 50% of the structures market value, then the structure must meet the same construction requirements as a new structure. Substantially damaged buildings (includes damages of any origin, including fire, wind, tornado, flood, etc.) must also be brought up to the same standards (e.g., a residence damaged so that the cost of restoring the structure equals or exceeds 50% of the structures pre-damaged value must be elevated to or above the base flood elevation).
* For more information, FEMA publication 213 (Answers to Questions About Substantially Damaged Buildings) is available by calling 1-800-480-2520.
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The Craven 300th Website Lives On!
The year of celebration marking Craven County’s 300th Anniversary is coming to an end, but the website is not. As we move forward into the next 100 years, it will be used to share information gathered during 2012 and to help further the knowledge of citizens and visitors about the county. Please continue to visit the site to view ongoing developments.