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E. PROJECTED DATE OF DISPLACEMENT <br />Construction in the units is expected to begin in early 2025. The Owner anticipates issuing Notices <br />to Temporarily Vacate to the tenants to temporarily relocate in early December 2024 with tenant <br />temporary moves on -site to begin in March 2025. Construction is expected to be completed in <br />March 2027. <br />For the households who will be required to move permanently, date specific Notices to Vacate are <br />anticipated to be issued in December 2024, at least 90 days in advance of the date they must <br />vacate. <br />F. ESTIMATED RELOCATION COSTS <br />The total budget estimate for relocation -related payments to tenants and vendors for this Project is <br />approximately $1,040,000. Once the specific households to be permanently displaced are <br />identified, this estimate will be updated. The estimated costs will include rental assistance payment <br />(permanent displacements only) and move assistance payments (all households). <br />If the Project is implemented, and circumstances arise that should change either the number of <br />residential occupants, or the nature of their activity, the Owner will authorize any additional funds <br />that may need to be appropriated. The Owner pledges to appropriate, on a timely basis, the funds <br />necessary to ensure the successful completion of the Project. <br />20 <br />