05 JTPH LACY & RAITT EX4 - Laserfiche WebLink

Home Browse Search

1. GENERAL IN1=0RMATION The dwelling in which you now live is in a project area to be improved by, or financed through, the Displacing Agency using federal funds. If and when the project proceeds, and it is necessary far you to move from your dwelling, you may be eligible for certain benefits. You will be notified in a timely manner as to the date by which you must move. Please read this information, as it will be helpful to you in determining your eligibility and the amount of the relocation benefits you may receive under the federal Iaw. You will need to provide adequate and timely information to determine your relocation benefits. The information is voluntary, but if you don't provide it, you may not receive the benefits or it may take longer to pay you. We suggest you save this informational statement for reference. The Displacing Agency has retained the professional firm of Overland, Pacific & Cutler, I~ac. (OPCj to provide relocation assistance to you. The firm is available to explain the program and benefits. Their address and telephone number is listed on the cover. PLEASE DO NOT MOVE PREMATURELY. THIS I5 NOT A NOTICE TO VACATE YOUR DWELLING. However, if you desire to move sooner than required, you must contact your representative with Overland, Pacific & Cutler, Inc., so you will not jeopardize any benefits. This is a general informational brochure only, and is not intended to give a detailed description of either the law or regulations pertaining to the Displacing Agency's relocation assistance program. Please continue to pay your rent to your current landlord, otherwise you may be evicted and jeopardize the relocation benefits to which you may be entitled to receive. Once the Displacing Agency acquires the property, you will also be required to pay rent to the Displacing Agency. This brochure describes the relocation payments and other relocation assistance provided under section 1b4(dj of the Housing and Community Development Act of 197d (section 104(4)) to eligible persons displaced from their homes. Persons eligible for assistance have the option of declining the. section 104(4) assistance and receiving assistance under the Uniform Relocation Assistance and Real Property Acquisition Policies Aet of 1970 {URA), if they decide that it is in their best interest. To be eligible far relocation assistance under section 104(d}, you must be slower-income person (family or individual) and must move as a direct result of tine "conversion" ar demolition of your dwelling unit for a project in which Federal Community Development Block Grant (CDBG}, Section 148 Loan Guarantee, or HOME Investment Partnerships funds are used. "Lower-income" means that your income does not exceed SO% of the median income for the area as established by the U.S. Department of Housing and Urban Development (HUD}. Generally, "conversion" means that before the project, your unit had a "market rent" at or below the HUD Fair Market Rent (FMR) standard, and, after the project, the market rent exceeds the FMR, or the unit was converted to a nanresidemia! use. HUD determines the FMRs far use in its programs. The levels vary by metropolitan area and by the size of the unit.