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<br />Moving Cost Allowance. A household may choose to move their own property to the <br />replacement site. A claim wll be submitted by the household based on the following Moving <br />Cost Allowance Schedule. This allowance is in accordance with a schedule maintained by the <br />Federal Highway Administration. <br /> <br />Room Furnished by Room Furnished by Occupant (Or <br />Motel substantial personal property to <br />be moved from room) <br /> <br />$400 <br /> <br />$625 <br /> <br />Professional Moving Assistance. The household may choose to have a professional <br />moving company move their personal property from their home to their replacement site. The <br />Agency will pay actual moving expenses based on the lower of at least two acceptable moving <br />bids from qualified professional moving carriers. The Agency will pay all reasonable costs to <br />pack, move and unpack all personal property up to 50 miles from the displacement site. If an <br />occupant chooses this option, a professional moving company will be paid directly by the Agency <br />to perform the move. <br /> <br />c. Rent Differential Payments. A Rent Differential Payment is a payment <br />made to a displaced residential tenant to assist wth an increase in rent at the replacement site <br />and to make the replacement housing affordable to the displaced tenant. The Agency will make <br />all Rent Differential Payments either directly to a tenant or to the tenant's designee. <br /> <br />Eligible Displaced Households will be provided with Rental Assistance or housing in an <br />affordable rehabilitated unit for a period of 42 months. The purpose of a Rent Differential <br />Payment is to allow a household to relocate to a comparable replacement dwelling without <br />having to pay an increase in rent and to make the unit affordable to the tenant. If the household <br />provides adequate documentation, then the Agencywill calculate the Rent Differential Payment <br />based on income and on current rent. The household will be eligible to receive a payment <br />based on whichever method proves to provide the greatest assistance. <br /> <br />Each tenant household will receive written notice that describes all relocation benefits <br />and the maximum Rent Differential Payment to which the household is entitled. The Letter will <br />also explain the "spend to get" requirement. The "spend to get" requirement means that <br />benefit payments will be made by the Agency only when the displacee demonstrates that <br />entitlement amounts have been or will be spent. Rent Differential Payments must be used for <br />reasonable and necessary expenses related to replacement housing. <br /> <br />If an occupant so chooses, they may use their Rent Differential Payment to purchase a <br />replacement dwelling. If the occupant chooses this option, they must use the funds for a down <br />payment and for non-recurring closing costs for a decent, safe and sanitary replacement <br />dwelling. The Agency will deposit down payments directly into the escrow account to purchase <br />the replacement site. <br /> <br />Relocation Impact Study and Last Resorl Housing Plan <br />Page 19 <br />