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04 - JOINT PH - Loan Agmts 703 N Lacy 702 S Raitt
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01/05/2009
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04 - JOINT PH - Loan Agmts 703 N Lacy 702 S Raitt
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1/3/2012 3:33:49 PM
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6/23/2011 5:17:42 PM
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City Clerk
Doc Type
Agenda Packet
Item #
04
Date
1/5/2009
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approved procedures. Last resort housing payments will be made in at least two installments. <br />The Developer will provide appropriate benefits for the permanently displaced households as <br />required by the above laws and requirements. <br />Residential Moving Expense Payments <br />The subject households will be eligible to receive a payment for moving expenses. Payments <br />will be determined based on the cost of one, or a combination of the following methods: <br />I) Commercial Move - a move performed by a professiitalal mover. Displaced <br />occupants may elect to have a licensed, professiopal movdr perform the move; <br />if so, the Developer will pay for the actual cost. ifte move up to 50 miles and <br />all reasonable charges for packing, uu)aacking, insurance, and utility <br />connection charges. The payment will,be made directly, to the mover or as <br />reimbursement to the displaced ljbuseho"ld with proper supporting <br />documentation. Utility reconnections include gas, water; electricity, and <br />telephone. <br />•,. <br /><- <br />2) Self Move -Displaced occupants may_ perform aself-move in one or a <br />combination of the following methods: <br />a) Fixed Residential Moving Cost Schedule }based on the number of <br />rooms containing furniture or other personal property to be moved. <br />The fixed moving payment°`will be'deterrnined according to the most <br />rec~rt 1{fixed Residentjdl'' Moving,, Cost Schedule approved by the <br />Federal Highway Administration and available in Attachment 4. <br />b) Actual cost move - supported by receipted bills for labor and <br />equipment. Hourly labor rates and equipment rental fees may not <br />exceed the cost estimated by a commercial mover. <br />To be eligible to receive rental assistance benefits, the displaced tenant household has to rent <br />or purchase and occupy a decent, safe, and sanitary replacement dwelling within one year <br />from the date they move frdn the displacement dwelling. <br />Based upon the available data regarding Project displacees, the displaced household may <br />qualify for, and may be eligible to apply for, relocation benefits under URA provisions or <br />Section 104(d). Rental Assistance Payments will be calculated based upon the monthly <br />housing need over a 60 month period for eligible occupants whose income level does not <br />exceed 80% of the median income for the County of Orange, as established by the United <br />States Department of Housing and Urban Development (HUD). Recipients of 104(d) <br />benefits would also be eligible to receive reimbursement for security deposit and credit check <br />fees. Except in the case of Last Resort Housing situations, payments to those households <br />whose income level exceeds 80% of the area median income will be payable over a 42 month <br />Overland, P¢cifac & Cutler, Inc. <br />4 -122 <br />
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