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South Bend Redevelopment Commission <br />scheduled Regular Meeting - January 4, 1995 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />more to go elsewhere. So there are <br />relocation benefits available to those people <br />who are being relocated. There are <br />relocation benefits available to an owner of <br />a property who is being relocated; there are <br />relocation benefits to a tenant in a property <br />who is being relocated. The idea of the <br />relocation benefit is to offset the increased <br />costs that may come about when you go buy <br />a substitute house or rent a substitute <br />property that costs you more. There are <br />benefits that are available. Our staff works <br />with each household on an individual basis. <br />We have Gabriel Okafor, Project Manager, <br />John Stark, Pam Matchett, and Hedy <br />Robinson. We deal with everyone <br />individually. <br />You are also entitled to moving expenses. <br />Generally, through discussion and looking at <br />properties that are currently available, it will <br />not be a financial burden to anyone to <br />relocate. We follow the federal regulations <br />on relocation and we feel that we work very <br />carefully with people to get them into a <br />situation that they can afford. Frequently, <br />the relocation payments are large. <br />Homeowner /occupants can receive as much <br />as $22,500. A tenant can receive as much <br />as $5,250 plus moving costs. What has to <br />happen is that we need to provide everyone <br />who is being asked to move information on <br />what's currently on the market in the <br />community and what the price is. If we <br />offer to buy your house for $18,000 and a <br />comparable house somewhere else would <br />