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• • dwelling exceeds the acquisition price of the dwelling. The costs to move may include the reasonable costs of acquiring a new site and other expenses incident to retaining, moving the dwelling and restoring it to a condition comparable to that before the move. (2) If the dwelling is not decent, safe, and sani- tary, the payment will be computed as shown above except that the costs to cure the decent, safe, and sanitary deficiencies will be in- cluded in the costs to relocate. (3) The payment so computed for the retained dwelling may not exceed the amount which the owner could have obtained in the man- ner described in subparagraph b(1) above or, if no comparables are available on which to make such a determination, the cost of a new dwelling adequate to accommodate the displaced person. 93. RENTAL REPLACEMENT HOUSING PAYMENTS TO OWNER -OCCUPANT OF 180 DAYS OR MORE WHO RENTS. a. General. An owner -occupant eligible for a replacement housing payment in the manner de- scribed in paragraph 92a who elects to rent a re- placement dwelling is eligible for a rental replace- ment housing payment not to exceed $4,000 for a period not to exceed 4 years. b. Computation and Disbursement of Payment. The payment will be computed and disbursed in accordance with the guides described in paragraphs 96 b, c, and d, except that the present rental rate will be economic rent as determined by market data. 94. REPLACEMENT HOUSING PAY- MENTS TO OWNER -OCCUPANT OF LESS THAN 180 DAYS BUT NOT LESS THAN 90 DAYS WHO PURCHASES. a. General. A displaced owner -occupant other- wise eligible under guides described in paragraph 92a, except that the dwelling has been owned and occupied for less than 180 days but not less than 90 consecutive days immediately before the initiation of negotiations for the property or the issuance of a written notice of intent to acquire the property by a definite date, may receive an amount not to ex- ceed $4,000, to enable the displaced person to make a downpayment on the purchase of a replacement dwelling and reimbursement for actual expenses incident to the purchase. b. Computation of Downpayment and Inciden- tal Costs. The amount of the downpayment to be determined by the Sponsor will be the lesser of: (a) The amount that would be required as a downpayment for financing a conventional loan on a comparable dwelling; or (b) The amount required as a downpay- ment for financing of a conventional loan on the replacement dwelling actually purchased. (2) To the amount determined will be added the amount required to be paid by the pur- chaser as points and/or loan origination or loan services fee, if such fees are normal to real estate transactions in the area, on the comparable dwelling or the replacement dwelling, whichever is the lesser. The expenses incident to the purchase of re- placement housing are described in para- graph 92d. c. Method of Payments. Upon purchase and oc- cupancy of a decent, safe, and sanitary dwelling by the displaced person within the time limits de- scribed in paragraph 91a, he may' be reimbursed: (1) The full amount of the downpayment deter- mined in b (1) above and the eligible inci- dental expenses if such total amount does not exceed $2,000; or if more than $2,000, (2) $2,000, plus 50 percent of the amount in ex- cess of $2,000 providing the displaced person contributes 50 percent of the amount in ex- cess of $2,000. Costs of these payments may be eligible under an ADAP/FAAP project, but not to exceed $4,000. The full amount of the downpayment will be applied to the purchase price and such downpayment and incidental costs claimed should be shown in the closing statement. d. Owner Retention of Dwelling. If the owner retains the dwelling from the acquired property, the replacement housing payment, if any, should be determined in accordance with the guides described in paragraph 92f (1) an (2) but in no event will such payment exceed $4,000. e. Combined Payments Not To Exceed $4,000. If an owner -occupant is otherwise qualified under the guides described in this paragraph but has previ- ously received a payment under the procedures de- scribed in paragraph 95, the amount of such pay- ment made under methods described in paragraph 95 shall be deducted from the amount to which he (1) (3) (3) 59