[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR123.107]

[Page 279]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 123--DISASTER LOAN PROGRAM--Table of Contents
 
Sec. 123.107  What is mitigation?

    Mitigation means specific measures taken by you to protect against 
recurring damage in similar future disasters. Examples include elevation 
of flood prone structures, retaining walls, sea walls, grading and 
contouring land, relocating utilities, and retrofitting and 
strengthening structures to protect against high winds, earthquake, 
flood, wildfire, or other natural hazards. The money that you can borrow 
for mitigation is limited to the lesser of the cost of mitigation, or 20 
percent of your loan to repair or replace your damaged primary residence 
and personal property. SBA will not accept a request for a loan increase 
for mitigation filed after final disbursement of your original loan 
unless you can show that your request was late because of substantial 
reasons beyond your control. Sections 123.400 through 123.407 address 
pre-disaster mitigation.

[61 FR 3304, Jan. 31, 1996, as amended at 64 FR 48276, Sept. 3, 1999]

                    Physical Disaster Business Loans