Multi-family Construction

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s.culp

• March 04, 2011 03:18

When comparing new [b]multi-family apartment construction[/b] with [b]rehabilitation[/b] of existing multi-family developments where the rehabilitation is the alteration, improvement or modification of an existing structure; Which sector codes should be used? It appears that sector 38 applies to the new construction of multi-family apartments. It appears that sector 40 would NOT apply to rehabilitation because we are not "maintaining or repairing" anything but rather altering, improving, or modifying". We are not fixing air conditioners in rehab, we are replacing. We are not repairing the roof in rehab, we are replacing. We are not fixing the appliances in rehab, we are replacing. We are not maintaining the carpet in rehab, we are replacing. Am I correct in choosing sector 38 for both new construction of multi-family apartments and rehab of existing apartments?

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  DougO

  • March 04, 2011 21:23

  For 2007 to 2009 data, sector 37 includes new construction of multi-family structures. Sector 38 would contain remodeling.

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