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FULL PACKET_2007-03-05
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FULL PACKET_2007-03-05
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1/3/2012 4:41:21 PM
Creation date
2/28/2007 1:19:44 PM
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City Clerk
Doc Type
Agenda Packet
Date
3/5/2007
Destruction Year
2012
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Relocation Plan for the Little Minnie Street Project Santa Ana <br />Based upon the available data regarding Project displacees, the permanently <br />displaced households may qualify and may be eligible to apply for relocation <br />benefits under URA provisions. <br />Utility allowance amounts are based upon the standards of the local housing <br />authority for a similar type dwelling unit assuming services include gas, water <br />and electric utilities. <br />Table 7 portrays the benefits determination under the URA: <br />Table 7: Example Computation of URA Rental Assistance Payments <br />1. Old Rent $650 Old Rent, plus Utility Allowance <br />or <br />2. Ability to Pay $700 30% of the Gross Household Income <br />3. Lesser of lines 1 or 2 $650 Base Monthly Rental <br />Subtracted From: <br />4. Actual New Rent $750 Actual New Renf including Utility Allowance <br />or <br />5. Comparable Rent $775 Determined by Authority; includes Utility Allowance <br />6. Lesser of lines 4 or 5 $750 <br />7. Yields Monthly Need: $700 Subtract line 3 from line 6 <br />Rental Assistance $4,200 Multiply line 7 by 42 months <br />Rental Assistance payment amounts are equal to 42 times the difference <br />between the base monthly rent and the lesser of: <br />(i) The monthly rent and estimated average monthly cost of utilities for <br />a comparable replacement dwelling; or <br />(ii) The monthly rent and estimated average monthly cost of utilities for <br />the decent, safe, and sanitary replacement dwelling actually occupied <br />by the displaced person. <br />Prepared by Overland, Pacific Fa Cutler, /nc. <br />Page75 <br />80A-22 <br />
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