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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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A fixed payment also includes utility hook-up and other related moving fees. <br />C. Actual Moving Expense (Commercial Move) <br />If you wish to engage the services of a licensed commercial mover and have the <br />Displacing Agency pay the bill, you may claim the ACTUAL cost of moving your <br />personal property up to 50 miles. Your relocation representative will inform you of the <br />number of competitive moving bids (if any) which may be required, and assist you in <br />developing a "mover" scope of services for Displacing Agency approval. <br />C. Other Moving Expenses <br />Under the Section 104(d) program, payment of a <br />replacement dwelling and any credit check required <br />unit are eligible expenses. Also, interim living costs <br />planned relocation program are eligible. <br />4. REPLACEMENT HOUSING PAYMENT <br />You may be eligible for a payment to assist in renting f <br />dwelling. If so, you may choose assistance under secfic <br />lower-income tenants, the amount of ass(~tance provided <br />y deposit required to rent a <br />d pr purchase a replacement <br />n required as a result of the <br />stg a comparable replacement <br />or under the URA. For most <br />104(d) is greater. <br />A. Section 104(d) Rental <br />If you are eligible, you will reaeiva assi~~ <br />months. The Ageta~~r ittay offer you the <br />Voucher (HCV) T''rogram. The Agency <br />e based, an estimated needs for a period of 60 <br />Distance in cash or under the Housing Choice <br />tell you which option it is providing to you. <br />• Cash Rental . <br />subtracting the <br />laded" for rental assistance is computed by <br />dations from the rent and estimated average <br />a comparable replacement home, if that cost <br />1. 30 percent of the household's monthly adjusted income, <br />2. ] 0 percent of the househo$~d's monthly gross income, or <br />3. The welfare rent allowance (where designated). <br />That monthly rzeed~`f any, is multiplied by 60, to determine the total amount that you will <br />receive. This amount will be paid directly tc you in monthly installments or other <br />periodic payments. <br />Example: Let's say that your family's adjusted monthly income is $600, and the monthly <br />rent and estimated average utility costs for the comparable replacement home to which <br />you move are $350. In this case, your monthly need would be $170 [$350 - $180 (30 <br />percent of $600)]. Multiplying this amount by 60 results in $10,200 of rental assistance. <br />• Rousing Choice Voucher (HCV) (section 104(d)). You may be offered a HCV. If so, <br />you will also be referred to comparable replacement homes where the owner will accept <br />the voucher. If the rent and estimated average monthly utility costs for both the <br />4-142 <br />
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