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on the same premises as a displaced business, faun or <br />nonprofit organization, such individuals or families <br />would be considered separate displaced persons for <br />purposes of determining entitlement to relocation <br />housing payments. <br />1. Owner -Occupant of Multifamily Dwelling. <br />The procedure for computing replacement housing <br />payment amounts to owners of multifamily dwell- <br />ings who occupy one unit should be as follows: <br />(1) The comparable dwelling should be the same <br />as that acquired; i.e., if the acquired pro- <br />perty is a triplex, then the comparable should <br />be a triplex. If comparables are not available, <br />then structures of the next lowest density <br />must be used. If there are not any available <br />comparable multifamily structures to be <br />found, then the comparison of the owner's <br />living unit would be to a single family resi- <br />dence. A higher density structure would not <br />be acceptable as a comparable. <br />(2) The value of the owner's unit is to be used as <br />the base for the replacement housing pay- <br />ment determination, not the entire fair <br />market value of the acquired property. The <br />replacement housing payment determina- <br />tion is that difference, if any, between the <br />value of the owner's living unit and the value <br />of a living unit on the most comparable avail- <br />able property. If the comparable is a triplex, <br />the replacement housing payment is based <br />on the value of only one of the three units; if <br />a duplex, the payment is based on only one <br />of the two units; if a single family dwelling, <br />the payment is based on the entire value of <br />the dwelling. The other living units of a <br />multifamily dwelling cannot be included in <br />the value of a comparable because these are <br />considered as income producing and not <br />part of the owner's personal living area. <br />92. REPLACEMENT HOUSING PAY- <br />MENTS FOR OWNER -OCCUPANT OF 180 <br />DAYS OR MORE WHO PURCHASES. <br />a. General. A displaced owner -occupant of a <br />dwelling may receive additional payments, the com- <br />bined total of which may not exceed $15,000 for the <br />additional cost necessary to: (1) Purchase replace- <br />ment housing, (2) compensate for the loss of favor- <br />able financing between the existing mortgage and <br />the financing necessary on the replacement housing, <br />and (3) reimburse the owner for incidental ex- <br />penses incident to the purchase of replacement <br />56 <br />housing when such costs are incurred as specified <br />herein. <br />(1) The owner -occupant is eligible for such pay- <br />ments when: <br />(a) He is in occupancy at the initiation <br />of negotiations for the acquisition of <br />the real property, in whole or in part; <br />or <br />(b) He is in occupancy at the time a writ- <br />ten notice is given by the Sponsor that <br />is its intent to acquire the property <br />by a given date; and <br />(c) Such occupancy has been for at least <br />180 consecutive days immediately be- <br />fore the initiation of negotiations for <br />the property or the issuance of a writ- <br />ten notice of intent to acquire the <br />property by a definite date; and <br />(d) The property was acquired from the <br />owner by the Sponsor; and <br />He purchased and occupied a re- <br />placement decent, safe and sanitary <br />dwelling within the time period spec- <br />ified in paragraph 91a. <br />If the owner -occupant meets the <br />above described eligibility require- <br />ments, he may receive these payments <br />if the Sponsor issues an order to va- <br />cate even though the property is not <br />acquired. <br />b. Replacement Housing Payment. <br />(1) The replacement housing payment is the <br />amount, if any, when added to the amount <br />for which the Sponsor acquired the owner's <br />dwelling equals the actual amount the owner <br />is required to pay for a decent, safe, and <br />sanitary dwelling or the amount determined <br />by the Sponsor as necessary to purchase a <br />comparable replacement dwelling, which- <br />ever is less. <br />(2) The Sponsor will determine the amount nec- <br />essary to purchase a comparable decent, <br />safe, and sanitary dwelling by the following <br />methods: <br />(a) The Sponsor may determine the prob- <br />able selling price of a comparable <br />dwelling by analyzing at least three <br />comparable dwellings representative <br />of the dwelling unit to be acquired <br />which are available on the private <br />market and meet decent, safe, and <br />sanitary standards. Less than three <br />(e) <br />(f) <br />