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~l:S~l~''I~~: A~°I'I~I'L~C:~M1T~fl~r"[' ~'~Al~+? <br />f~~~,kgr~~nn~l <br />Part of the relocation planning process requires that grantees receiving federal CDBG, <br />Section 108 loan funds or HOME assistance must assure that they have taken all reasonable <br />steps to minimize the displacement of persons as a result of activities assisted with these <br />funds. <br />The Developer will be applying for, and hopes to use, HOME funy~a for the proposed Project. <br />Consequently, the entire Project, including its initial and sptzsQguent phases, is subject to <br />HUD regulations governing relocation and minimization o~ displacement. These regulations <br />are found in Section 104(d) of the Housing and Commttulty Development Act of 1974, (the <br />Act) as amended [42 United States Code, Section 53(14(~~}~„and implemert~ng regulations at <br />24 Code of Federal Regulations, Part 42. <br />,;..:: <br />After an extensive search to find properties, which would minimize,, the need to <br />displace/relocate individuals and could be purchased at an economically feasible price, <br />Developer staff concluded that the ,proposed site would result in the least amount of <br />residential displacement and meet the` other criteria The amount of relocation has been <br />reduced to two permanent residential displa~erpents. Thus, displacement of residential <br />occupants is avoided to the extent possible, _ <br /> <br />The Developer will replace all occupied and vacant occupiable lower income housing <br />demolished or converted to'.a use other Stan lour income housing in connection with funds <br />provided u~~~r the HOME loan program. <br />All re~lat;ement housing whl be provl~lld within four years after the commencement of the <br />demolition of conversion. s Before,,entering info a contract committing the Developer to <br />provide funds Tctr a prof ect that will directly result in demolition or conversion, the Developer <br />will make public by publicatidn in a newspaper of general circulation and submit to HUD the <br />following information in writing: <br />1. A descttiption of the proposed assisted project; <br />2. The address, number of bedrooms and location on a map of lower income <br />housing that will be demolished or converted to a use other than as lower <br />income housing as a result of an assisted project; <br />3. A time schedule for the commencement and completion of the demolition or <br />conversion; <br />4. To the extent known, the address, number of bedrooms and location on a map <br />of the replacement housing that has been or will be provided; <br />5. The source of funding and a time schedule for the provision of the <br />replacement housing; <br />Overland, Pae fe & Cutler, Inc. <br />4 -116 <br />