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No. 2023 amending and re-adopting the dept. of redevelopment relocation policy and policy of management of acquired property to include the SSDA and the NNDA
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No. 2023 amending and re-adopting the dept. of redevelopment relocation policy and policy of management of acquired property to include the SSDA and the NNDA
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choose a fixed payment of $1,000 to $20,000 in lieu of the <br />IL payments for actual moving and re- establishment expenses. <br />Eligibility for this payment will be determined following 49CFR <br />24.306(d). <br />II. Tunes of Relocation Assistance Payments and Eligibility RRequirements <br />A. Residential Relocation — Replacement Housing Payment <br />4.1 Rental assistance payment to tenants determined to be eligible under <br />49CFR 24.402 shall be disbursed in two installments as described below <br />and following 49CFR 24.403. <br />1. Rental Assistance is Paid to Displaced Individual or Household <br />a. Rental assistance payment shall be made in two (2) equal <br />installments. The first payment shall be made on or after <br />occupation of the replacement rental property. Second payment <br />shall be made six (6) months after initial payment. <br />2. Partial Payment of Rental Assistance Directly to the Landlord <br />a. Where a displaced individual or household agrees to prepay rent <br />for the replacement rental property, the balance of rental assistance <br />payment shall be made in a lump sum to the displaced individual <br />or household. This payment shall be made on or after occupation <br />of the replacement rental property. <br />C; -10- Re- adopted: 12/19/03 <br />
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