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What types replacement housing payments are available to residential displaced persons?

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What types replacement housing payments are available to residential displaced persons?

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The URA provides for different replacement housing payments (RHP) based on a displaced person’s occupancy status and length of occupancy. Tenant occupants may be eligible for a rental assistance payment to supplement the costs of leasing a comparable replacement dwelling, or downpayment assistance payment to purchase a replacement dwelling. Owner occupants may be eligible for a price differential payment, mortgage interest differential payment, or incidental payments to supplement the costs of purchasing a comparable replacement dwelling. • For tenant occupants of 90 days or more A rental assistance payment is based on the difference, if any, between the cost of the monthly rent and utilities of the displacement dwelling and a comparable decent, safe, and sanitary replacement dwelling, as determined by the agency. The URA established a 42 month period for supplementing this payment difference, for a total amount up to $5,250. (Please see Housing of Last Resort for additional informatio

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