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period and limited to a maximum of $5,250 as stated under URA guidelines. The differences <br />between the two programs are explained in detail in the informational brochures provided to <br />each household (see Attachment 3). <br />Table 3 portrays the benefits determination under the URA: <br />TALE 3. Esa-ntple Computatiizn of UI2A Rental Assistance Payments <br />L Old Rent $650 Old Rent and Unities <br />or - <br />2. Ability to Pay $700 30% of the Gross Household Income (far Low Income <br />Households) <br />3. Lesser of lines 1 or 2 $650 Base Monthly Rental ~ <br />Subtracted EYom: <br />4. Actual New Rent $750 Actual New Rent and Utilities <br />~. <br />.. <br />or <br />5. Comparable Rent $"FI;$,. Determined by Devetgper (includes utilities) <br />6. Lesser of lines 4 or 5 $750 <br />7. Yields Monthly Need: $100 Suiitracftine 3 from hne,fj <br />Rental Assisfance . $4,200 Mulfiply line 7 by 42` months <br />Rental Assistance g <br />monthly rent and the <br />or <br />average monthly cost of utilities for a comparable <br />(ii) 7 <br />safe, <br />The base monthly <br />are equal `to 42 times the difference between the base <br />estimated average monthly cost of utilities for the decent, <br />ent dwelling actually occupied by the displaced person. <br />the displacement dwelling is the lesser of: <br />(i) The average monthly cost for rent and utilities at the displacement dwelling for a <br />reasonable period prior to displacement, as determined by the Developer. For owner- <br />occupants or households, which paid little or no rent, fair market rent will be used as <br />a substitute for actual rent; or <br />Overland, Pac fc & Cutler, Inc. <br />4 -123 <br />