Laserfiche WebLink
13 <br />payment of $5,250 as stated under the Guidelines. (More information regarding rental <br />assistanceandLRHwill beprovidedindetail intheinformational brochure(ExhibitC)that <br />willbeprovidedtoeachhouseholdattheinitiationofrelocationactivities.) <br />Table 3 on the following page portrays an example of a benefits determination under the <br />State relocation program (including State income deductions): <br />TABLE 3: Example Computation of Rental Assistance Payments <br />1. Old Rent $650 Old Rent and Utilities <br />or <br />2. Ability to Pay $700 30% Adjusted, Monthly, Gross Household Income* <br />3. Lesser of lines 1 or 2 $650 Base Monthly Rental <br />Subtracted From: <br />4. Actual New Rent $750 Actual New Rent and Utilities <br />or <br />5. Comparable Rent $775 Determined by District (includes utilities) <br />6. Lesser of lines 4 or 5 $750 <br />7. Yields Monthly Need: $100 Subtract line 3 from line 6 <br />Rental Assistance $4,200 Multiply line 7 by 42 months <br />*Gross adjusted income means the total amount of annual income of a household less the following: (1) a <br />deduction for each dependent in excess of three; (2) a deduction of 10% of total income for the elderly or <br />disabled head of household; (3) a deduction for recurring extraordinary medical expenses defined for this <br />purpose to mean medical expenses in excess of 3% of total income, where not compensated for, or covered <br />by insurance or other sources; (4) a deduction of reasonable amounts paid for the care of children or sick or <br />incapacitate family members when determined to be necessary to employment of head of household or <br />spouse, except that the amount shall not exceed the amount of income received by the person who would not <br />otherwise be able to seek employment in the absence of such care. <br />Rental assistance payment amounts are equal to 42 times the difference between the base <br />monthly rent and the lesser of: <br />(i) The monthly rent and estimated average monthly cost of utilities for a comparable <br />replacement dwelling; or <br />(ii) The monthly rent and estimated average monthly cost of utilities for the decent, safe, <br />and sanitary replacement dwelling actually occupied by the displaced person. <br />The base monthly rent for the displacement dwelling is the lesser of: <br />(i) The average monthly cost for rent and utilities at the displacement dwelling for a <br />reasonable period prior to displacement, as determined by the Developer; or <br />ATTY/RESO.0024/PC RESO 901 EL CAMINO <br />REV: 04-11-25 VR