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comparable replacement home and the unit to which you relocate exceed the voucher "payment standard," you will qualify far cash assistance to cover the gap for 60 months. Advantages of HCV Assistance. The HCV assistance may continue for as long as you have a need. Unlike cash assistance, HCV assistance is recomputed each year to reflect changes in your income, rent or the cost of utilities. While cash assistance wall terminate at the end of 60 months, HCV assistance may continue to be available after the 60-month period ends if you still qualify as alower-income person. B. URA Rental Assistance IJRA rental assistance is computed by subtracting the "base monthly rent" for your present home from the rent and average monthly cast of utilities: for your new home {or a comparable replacement home, if that cost is lower). That monthly need, if any, is multiplied by 42, to determine the total amount that you will receive. This amount will be paid directly to you in monthly installments or other periodic payments. Generally, the base monthly rent for your present home is. the lesser of: (1 }the monthly rent and average monthly cost for utilities, or {2) thirty (30) percent of your gross monthly household income (if you are low-income based on HUD income limits). Examples: Let's say that the monthly xent and average eo. st far utilities for your present home are $250; the monthly rent and estimated average utility costs for a comparable replacement home are $350; and your monthly gross income is $700. In this case, your "base monthly rent" would be $210 because you are low-income and that amount {30 percent of your income} is less than the monthly cost of rent and utilities at your present home {$250}. • If you rent a .replacement home for $360 per month, including estimated average monthly utility charges, you will receive $5,880. That amount is 42 times $140 {the difference between the "base monthly rent" for your present home {$210} and the cost for a comparable replacement home {$350}}. • If you rent a replacement home for $310, including estimated average monthly utility charges, you will receive $4,200. That amount is 42 times $100 (the difference between the "base monthly rent" for your present home ($210) and the actual cost of your new home ($310}}. C. Purclxase Assistance If you buy, rather than rent, a replacement home, you may be eligible for assistance to make a down payment. The amount depends on the type of housing that you buy. section 104{d) purchase assistance is limited to mutual housing and cooperative housing. If you wish to purchase a house that is not mutual or cooperative housing, your purchase assistance would be provided under the URA.