Flooring is covered under the Stewardship Program on a reimbursement-only basis, up to a predetermined amount.
Please read the complete guidelines below for flooring replacement.
If you would like to use Stewardship funds to replace your flooring, please submit a Stewardship request and wait for CHT to confirm the maximum amount eligible for reimbursement. You are not required to use an approved vendor for flooring.
Once the replacement is complete, send your paid receipt to communityhometrust@bill.com for reimbursement.
Flooring Replacement Guidelines
Flooring is treated differently because costs are often shared between the homeowner and CHT.
If you are planning flooring work:
- Review the Flooring Guidelines below
- Submit proposals to CHT before approving work or signing a contract
- Follow all Flooring Guideline requirements
Use of a non-CHT Approved Vendor and reimbursement (of the approved amount of funding) for flooring may be requested if these steps are followed.
Flooring Guidelines
- The estimated life of flooring is 10 years. If you want to replace your flooring with like-kind flooring you will be reimbursed up to a predetermined rate per square foot for minimum standard carpet on a prorated basis. For example, if you choose to replace your 4-year-old flooring you will receive up to 4/10 of the predetermined replacement value. If your flooring lasts 12 years instead of 10, you will receive up to 12/10 of the replacement value. Replacement value is calculated using a predetermined rate per square foot.
- If you decide you want to upgrade your carpet to laminate, hardwood, or luxury vinyl plank flooring before the 10-year life expectancy, you will be reimbursed up to the predetermined rate per square foot at the full 10-year value. Only one premature upgrade is allowed. The predetermined rate per square foot is based on minimum standard carpet cost, not the cost of the upgraded material.
- If you choose to replace your flooring and the cost exceeds the allowable reimbursement amount, you are responsible for paying the difference. If you pick out flooring that is cheaper than the maximum reimbursement amount, you will only be reimbursed up to the actual cost of the new flooring.
- If you are putting carpet in your home, carpet must meet a minimum 10-year warranty standard. There are no additional requirements; however, if the cost exceeds the maximum reimbursement amount, you are responsible for paying the difference.
- If you have hardwood floors, you can use stewardship funds to refinish the floor as needed. The amount available is calculated at the same predetermined rate per square foot as replacement, and is prorated based on the time lapse between each time the flooring is refinished.
