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Gut Rehabilitation Project

Last updated 2026-08-01

Fannie Mae

Updated 2026-08-01

A project that has been developed by rehabilitating an existing building and creating individual units. The building is stripped down to its shell and, as rehabilitated, contains all new mechanical equipment including heating, exhaust, insulation, roofing, plumbing, and electrical. Individual units and common areas have new interiors, fixtures, appliances, and flooring.

Fannie Mae Glossary of Terms

Fannie Mae · pp. 20–23

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