Laserfiche WebLink
<br />{2) <br />(3) <br /> <br />Public utilities, and <br /> <br />Public and commercial facilities. <br /> <br />e. Reasonably accessible to the displaced person's, place <br />of employment or potential place of employment, <br /> <br />f. Within the financial means of the displaced family or <br />individual. <br /> <br />g. <br /> <br />Available on the market to the displaced person. <br /> <br />. <br /> <br />h. If housing meeting the re~irements of paragraph 5.2 is <br />not available on the market, the head of a displacing agency may, <br />upon a proper finding of the need therefor, consider available <br />housing exceeding these basic criteria. <br /> <br />~.3 Computation of replacement housinq payment. The replacement <br />housing paym~nt of not more than $15,O~O comprises the followi'g: <br /> <br />a. Differential payments for replacement housinq. The head <br />~f the public agency may determine the amount which, if any, when <br />added to th~ acquisition cost of the dwelling acquired by the dis- <br />placing agency, is necessary to purchase a comparable replacement <br />.dwelling by either establishing a schedule or by using a compara- <br />tive -method. <br /> <br />(1) Schedule method. The agency may establish a schedule <br />of ,reasonable acquisition costs for comparable replacement dwellings <br />of the various types of dwellings to be acquired and available on <br />the private market. The schedule shall be based on a current market <br />analysis sufficient to support determinations of .the amount for each <br />~ype of dwelling to be acquired. When more than one public agency <br />is causing displacement in a community or an area, the heads of the <br />agencies concerned shall coordinate the establishment of the schedule <br />1or replacement housing payments. <br /> <br />(2) Comparative method. The agency may determine the <br />price of a comparable replacement dwelling by selecting a dwelling <br />or dwellings most representative of the dwelling unit acquired, <br />available to the displaced person, and which meets the definition <br />of comparable replacement dwelling. A single dweliing shall be <br />~ed only when additional comparable dwellings are not available. <br /> <br />(3) Alternate method. The head of the displacing agency <br />~y develop criteria for computing replacement housing payments <br />when neither the schedule method nor the comparative method is <br />feasible. <br /> <br />(4) Limitations. The amount established as the differ- <br />ential payment for the replacement housing sets the upper limit of <br />t:his payment. <br /> <br />. <br /> <br />11 - 14 <br /> <br />l <br /> <br />ì <br />.' 1 <br /> <br />?Jh <br />