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• • required to pay, in general, should not exceed 25 percent of the monthly gross income of the dis- placed family or individual, including supplemental payments made by public agencies. k. Initiation of Negotiations for the Parcel. The term "initiation of negotiations for the parcel" means the date the Sponsor makes the first personal contact with the property owner or his representa- tive and furnishes him with a written offer to pur- chase the real property. I. Initiation of Negotiation for the Project. The term "initiation of negotiation for the project" means the date the Sponsor makes the first personal contact with any property owner or his representa- tive and furnishes him with a written offer to pur- chase the real property, except where such contact is made solely for protective buying or because of hardship. m. Mortgage. The term "mortgage" means a lien commonly given to secure an advance on, or the unpaid purchase price of, real property under the laws of the state in which the real property is located, together with any credit instruments secured thereby. n. Nonprofit Organization. The term "nonprofit organization" means a corporation, partnership, in- dividual or other public or private entity, engaged in a business, professional or instructional activity on a nonprofit basis, necessitating fixtures, equip- ment, stock in trade, or other tangible property for the carrying on of the business, profession or in- stitutional activity on the premises. o. Owner. The term "owner" means an indi- viduals) : (1) Owning, legally or equitably, the fee simple estate, a life estate, a 99-year lease, or other proprietary interest in the property. (2) The contract purchaser of any of the fore. going estates or interests. (3) With a lease, at least 50 years to run from the date of acquisition of the property. (4) With an interest in a cooperative housing project, which includes the right to occupy a dwelling. (5) Who has succeeded to any of the foregoing interests by devise, bequest, inheritance or operation of law. For the purpose of this cir- cular, in the event of acquisition of owner- ship by any of the foregoing methods in this paragraph, the tenure of ownership, not oc- cupancy, of the succeeding owner shall in- clude the tenure of the preceding owner. p. Person. The term "person" includes a part- nership, company, corporation, or association as well as an individual or family. q. Project. The term "project" means any ADAP/FAAP grant agreement which will result in the acquisition of land and/or the displacement of people. r. Sponsor. The term "Sponsor" means any pub- lic agency which either individually or jointly with one or more other public agencies, is eligible to receive Federal financial assistance from the ADAP/ FAAP. s. Tenant. The term "tenant" means an indi- vidual or family who rents, or is temporarily in lawful possession of a dwelling, including a sleep- ing room. 6. ELIGIBILITY FOR PARTICIPATION OF FEDERAL FUNDS. a. Federal and Federal -aid Project. The provi- sions of this circular are applicable to the acquisi- tion of real property and to any person who as of January 2, 1971, or later, has been or will be displaced by an ADAP/FAAP project on which Federal funds are or will be utilized. b. Approval of Relocation Programs. No Spon- sor shall be authorized to proceed with negotia- tions for the purchase of real property on a federally assisted project which will cause the relocation of any persons until it has submitted and had approval by the FAA of an acceptable relocation program with supporting documentation. Federal funds will not be available for participation in displacing in- dividuals and families from their homes unless com- parable replacement dwellings are available to them in advance of their displacement. c. Reimbursement Requirements. The costs of relocating those persons in occupancy at the initia- tion of negotiations for the parcel or at the time written notice of intent to acquire or to vacate is issued, whichever is earlier, would be allowable proj- ect costs. Payments made to any displaced person who has occupied a dwelling subsequent to the ini- tiation of negotiation for the parcel are not allow- able project costs. Relocation payments to eligible persons when all of the following conditions have been met would be allowable project costs: (1) Person Relocated. When in fact a person has been relocated by the project. (2) Lawful Costs. When relocation costs are incurred in accordance with law. Grant Agreement Executed. After a grant (3) 5