Council and the FORTIFIED Commercial Wind Standard published by the Insurance Institute for Business and Home Safety, or (II) the most recent International Wildland Urban Interface Code published by the International Code Council, or (iii) in the case of a qualified commercial property in a high seismic hazard zone, was designed and built to achieve a reduction in the earthquake risks relative to code-designed buildings by minimizing building damage and promoting contingency planning for utility disruption and other threats to functional recovery that are described in the U.S. Resiliency Council Rating System with specific design criteria achieving the Platinum or Gold rating, and (B) in the case of a qualified residential property, the property shall be treated as meeting the requirements specified in paragraph (1) if— (i) the property is a building which— (I) was designed to meet the requirements of the most recent International Residential Code published by the International Code Council, and received a FORTIFIED Roof, FORTIFIED Silver, or FORTIFIED Gold designation from the Insurance Institute for Business and Home Safety, or (II) was designed to meet or exceed the requirements of the most recent Standard for Residential Construction in High-Wind Regions or International Wildland Urban Interface Code published by the International Code Council, or (ii) in the case of a substantial renovation, such renovation meets— (I) the requirements of the most recent International Residential Code published by the International Code Council and the requirements of the FORTIFIED Roof Standards published by the Insurance Institute for Business and Home Safety, or (II) the requirements of the most recent Standard for Residential Construction in High-Wind Regions or International Wildland Urban Interface Code published by the International Code Council. (3) Absorptive capacity The term absorptive capacity means the ability of the construction to endure a disruption without significant deviation from normal operating