Exhibit 4-4_55A_RIS - Laserfiche WebLink

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(3) Rent Supplement Tenants who have occupied the property to be acquired by the Department for 90 days or more and owner - occupants of 90 to 179 days prior to the date of the first written offer to purchase may qualify to receive a rental differential payment. This payment is made when the Department determines that the cost to rent a replace- ment dwelling will be more than the present rent of the displacement dwelling. As an alternative, the tenant may qualify for a down payment benefit designed to assist in the purchase of a replacement property and the payment of certain costs incidental to its purchase. See section 4. The maximum amount payable to any tenant of 90 days or more and any owner - occupant of 90 to 179 days, in addi- tion to moving expenses, will be $4,000.00. If the total entitlement for rent supplement exceeds $4,000.00, the last resort housing program will be used. See Section 5, for an explanation. The rent supplement of $4,000.00 or less will be paid in a lump sum unless the displacee requests that it be paid in installments. In addition to the occupancy requirements, the displaced person must rent and occupy a "decent, safe, and sanitary" replace- ment dwelling within one year from the date the Department takes legal possession of the property, or from the date displacee vacates the Department- acquired property, whichever is later.