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<br />Relocation Plan for the OHDC 901 East 6th Street Project <br /> <br />not limited to, the cost of moving to and from the temporarily occupied unit, furniture <br />storage, utility connection charges, and any increase in housing costs, if any. <br /> <br />2. <br /> <br />Permanent Displacees <br /> <br />No permanent displacees are anticipated for this Project. <br /> <br />3. <br /> <br />Summary <br /> <br />All Project area residents will be personally informed in writing of their status as a <br />temporary displacee and will be provided advance written notice of the date, <br />approximate duration and location of the temporary dwelling to be made available. <br />Each affected household will receive printed information concerning the benefits and <br />assistance to which they may be entitled and the terms and conditions under which <br />the tenant may lease and occupy a suitable dwelling in the building/complex upon <br />completion of the project. <br /> <br />Temporary displacees will be provided compensation for reasonable and necessary <br />out-of-pocket expenses. All temporary displacement needs will be accommodated <br />and should not exceed 30 days. <br /> <br />The Developer will make timely payments to all eligible claimants. This may include, <br />where necessary to avoid hardship, advance payments to help secure appropriate <br />temporary replacement housing. <br /> <br />D. <br /> <br />RELOCATION TAX CONSEQUENCES <br /> <br />In general, relocation payments are not considered income for the purpose of the Internal <br />Revenue Code of 1968, or the Personal Income Tax Law, Part 10 of the Revenue and <br />Taxation Code. Displaced persons are encouraged, however, to consult with personal tax <br />advisors concerning the tax consequences or social service providers to obtain information <br />concerning the tax consequences associated with relocation payments. <br /> <br />Prepared by Overland, Pacific & Cutler, Inc. <br /> <br />Page 13 <br /> <br />JT25K-22 <br />