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80B - LOAN AGMT
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80B - LOAN AGMT
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Last modified
4/14/2020 8:38:20 AM
Creation date
11/28/2007 2:24:31 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80B
Date
12/3/2007
Destruction Year
2012
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C. PERMANENT RELOCATION BENEFITS <br />If a temporary relocation lasts more than one year, the tenants will be offered permanent <br />relocation assistance as a displaced person under the Uniform Act. This assistance would be in <br />addition to any assistance already received in conjunction with the temporary relocation and will <br />not be reduced by the amount of any temporary relocation assistance previously provided. <br />Although all the tenant households currently income -qualify to remain in one of the Project <br />units, if at the time the rehabilitation is completed, and if a household's income has increased and <br />caused them to be over -income, they would no longer be eligible to remain in a Project unit. <br />Permanent relocates may be eligible for permanent relocation benefits. These benefits include: <br />advisory services, referrals to comparable replacement dwellings, financial assistance to <br />purchase or rent a replacement dwelling and financial assistance to physically move their <br />personal property and belongings. <br />D. POST -REHABILITATION RENTS <br />For a temporarily displaced tenant, once the rehabilitation has been completed on their current <br />unit, they may return to their present unit or another suitable unit in the same building/complex <br />at a 50% AMI rental rate (within the exception of the Moderate Income households). Based on <br />the tenants' current rental rates, this will be a reduction in their rents. <br />For those households that qualify at the Moderate Income level, upon the completion of the <br />rehabilitation and return to the Project unit, their rent will remain the same as their current rent <br />for one year. However, after one year, the rents for these households will be adjusted to the <br />lesser of their current rent and utilities or 30% of their adjusted, gross, monthly household <br />income. <br />E. PROGRAM ASSURANCES AND STANDARDS <br />Adequate funds are available to relocate the temporarily displaced households. Specifically, tax <br />increment funds will be used by the Developer to pay relocation benefits. Relocation assistance <br />services will be provided to ensure that displacement does not result in different or separate <br />treatment of households based on race, nationality, color, religion, national origin, sex, marital <br />status, familial status, disability or any other basis protected by the federal Fair Housing <br />Amendments Act, the Americans with Disabilities Act, Title VI of the Civil Rights Act of 1964, <br />Title VIII of the Civil Rights Act of 1968, the California Fair Employment & Housing Act, and <br />the Unruh Act, as well as any other arbitrary or unlawful discrimination. <br />7 <br />8OB-36 <br />
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