What is the process for capital improvements?

If you want to be reimbursed for capital improvements at the time of resale, then you need to get permission from DHCD and the Town. 10% of the cost is deducted each year. There is no guarantee you’ll get the money back, as the unit has a maximum resale price. DHCD will give a conditional approval with an estimate, then you submit evidence the work has been done and paid.