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• <br />• <br />available which is within the financial <br />means of the displaced person. <br />c. Sponsor's Determination of Amount Neces- <br />sary To Rent. The Sponsor may determine the <br />rental rates of comparable housing by the three com- <br />parable methods, a schedule or an approved alter- <br />nate in accordance with the procedures described <br />in paragraph 92b(2). <br />d. Disbursement of Rental Replacement Hous- <br />ing Payments. The amount of the rental replace- <br />ment housing payment will be paid in a lump sum, <br />except that it will be paid in installments if the <br />displaced person so requests. <br />97. REPLACEMENT HOUSING PAY- <br />MENTS TO TENANT -OCCUPANT OF NOT <br />LESS THAN 90 DAYS WHO PURCHASES. <br />a. General. A displaced tenant eligible for a <br />rental replacement housing payment under para- <br />graph 96 who elects to purchase a replacement <br />dwelling is eligible to receive an amount, not to ex- <br />. eed $4,000, to enable him to make a downpayment <br />on the purchase of a replacement dwelling includ- <br />ing the expenses incident to such purchase. <br />b. Computation of Payment. The payment will <br />be computed in accordance with the guides de- <br />scribed in paragraph 94b. <br />98. REPLACEMENT HOUSING PAY- <br />MENTS TO TENANT OF A SLEEPING ROOM <br />OF NOT LESS THAN 90 DAYS. <br />a. General. A displaced tenant of a sleeping <br />room who is eligible for a replacement housing pay- <br />ment in accordance with the guides described in <br />paragraph 96a may receive an amount, not to ex- <br />ceed $4,000, as a rental replacement housing pay- <br />ment or to enable him to make a downpayment on <br />a replacement dwelling in accordance with the <br />following. <br />b. Rental Replacement Housing Payment. <br />(1) The payment, not to exceed $4,000, will be <br />determined by subtracting from the amount <br />which the tenant actually pays or, if lesser, <br />the amount determined by the Sponsor as <br />necessary to rent a comparable sleeping room <br />for the next 4 years the following amount: <br />(a) 48 times the average monthly rental <br />paid by the displaced tenant during <br />the last 3 months. <br />(b) If such average monthly rental is not <br />reasonably equal to market rentals for <br />similar sleeping rooms, the economic <br />rent as established by the Sponsor. <br />(2) The Sponsor's determination of the amount <br />necessary to rent and the disbursement of the <br />rental replacement housing payments will be <br />as described in paragraph 96 c and d. <br />c. Downpayment. The downpayment amount <br />including the expenses incident to purchase of the <br />replacement dwelling is to be computed in accord- <br />ance with the provisions of paragraph 94b. <br />99-109 RESERVED. <br />61 <br />
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