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Can a direct loan as provided for in this section be used as a substitute for a replacement housing payment?

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Can a direct loan as provided for in this section be used as a substitute for a replacement housing payment?

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No. A direct loan would be provided in addition to any replacement housing payment computed for the displaced person. A direct loan may be provided under housing of last resort if financing is not otherwise available to the displaced person. It cannot be used as a substitute for a replacement housing payment.

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