75B - PH RELOCATION PLAN - Laserfiche WebLink

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Table 9: Schedule of Fixed Moving Payments Furnished Room Count 1 2 3 4 5 6 7 8 Each Additional Amount $725 $930 $1,165 $1,375 $1,665 $1,925 $2,215 $2,505 $265 Unfurnished Room Count 1 Each Additional Amount 1 $475 $90 Source: Federal Highway Administration (effective August 24, 2015). z. Rental Assistance to Tenants/Owner-Occupants Who Choose to Rent To be eligible to receive the rental assistance benefits, the displaced tenant household has to rent or purchase and occupy a decent, safe, and sanitary replacement dwelling within one year from the date they move from the displacement dwelling. Based upon the available data regarding Project displacees, the displaced household may qualify for, and may be eligible to apply for, relocation benefits under State provisions. Except in the case of Last Resort Housing situations, the potential payment to the household will be payable over a 42 -month period and limited to a maximum of $5,250 as stated under State guidelines. The relocation program is explained in detail in the informational brochure to be provided to each permanently displaced household. Rental/down payment assistance payment amounts are equal to 42 times the difference between the base monthly rent and the lesser of: The monthly rent and estimated average monthly cost of utilities for a comparable replacement dwelling; or 2. The monthly rent and estimated average monthly cost of utilities for the decent, safe, and sanitary replacement dwelling actually occupied by the displaced person. The base monthly rent for the displacement dwelling is the lesser of: 1. The average monthly cost for rent and utilities at the displacement dwelling for a reasonable period prior to displacement. Average monthly cost of utilities will be determined by actual statements/receipts over a 12 -month period or a statement of average usage from the utility company, if provided. The most recent local utility schedule will be used to determine estimated utilities' costs, if actual costs are not provided. For owner -occupants or households, which paid little or no rent, fair market rent will be used as a substitute for actual rent; or 2. Thirty percent (30%) of the displaced person's average monthly gross household income if the amount is classified as "low income" by US Department of Housing and Urban Development's (HUD) Annual Survey of Income Limits for the Public Housing and Section 8 Programs. HUD's Survey is shown as Exhibit C. If a displacee refuses to provide appropriate evidence of income or is a dependent, the base monthly rent shall be 16 75B-26