Real Estate Acquisition and Relocation Overview in HUD Programs (2024)

Residential Relocation

In addition to relocation advisory services, residential displaced persons may be eligible for other relocation assistance including relocation payments for moving expenses and replacement housing payments for the increased costs of renting or purchasing a comparable replacement dwelling.

What types of moving payment options are available to residential displaced persons?

The URA provides the following moving payment options:

In cases where a displaced person's move is performed by the agency at no cost to the person, the displaced person should receive a $100 expense and dislocation allowance.

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

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 $7,200. (Please see Housing of Last Resort in this modulefor additional information).

It is important to note that a rental assistance payment should be based on income for low-income persons. (Please see 49 CFR 24.402(b) and FHWA's Low Income Calculations for additional information.)

Furthermore, tenant occupants may be eligible to use their rental assistance payment as a downpayment for the purchase of a replacement dwelling.

For owner occupants of 90 days or more

A price differential payment is based on the difference, if any, between the acquisition price of the acquired dwelling and the purchase price of a comparable decent, safe, and sanitary replacement dwelling, as determined by the agency. The URA established a maximum amount of $31,000 for a RHP for 90 day owner occupants (Please see Housing of Last Resort in this training module for additional information).

Where can you go to find more information on moving expense payments?

You should consult 49 CFR 24.301-.302 and Chapter 3 of HUD Handbook 1378 for more guidance.

Where can you go to find more information on replacement housing payments?

You should consult 49 CFR 24.401-.404 and Chapter 3 of HUD Handbook 1378 for more guidance.

  • Payment for the actual, reasonable moving costs and related expenses, or
  • Payment based on a fixed schedule
  • Or a combination of both based on circ*mstances

Please also see URA the HUD Way Module 5: Residential Relocation.

Real Estate Acquisition and Relocation Overview in HUD Programs (2024)

FAQs

What is the Uniform Relocation Assistance and Real Property Acquisition Policy? ›

Overview of the URA

The Uniform Relocation Assistance and Real Property Acquisition Policies Act (URA), is a federal law that establishes minimum standards for federally funded programs and projects that require the acquisition of real property (real estate) or displace persons from their homes, businesses, or farms.

Which of the following statements is an objective of the Uniform Relocation Assistance are real property Acquisition Act? ›

The URA's main objectives are:

To provide uniform, fair and equitable treatment of persons whose real property is acquired or who are displaced in connection with federally-funded projects. To ensure relocation assistance is provided to displaced persons to lessen the emotional and financial impact of displacement.

What triggers the Uniform relocation Act? ›

Under the URA, all persons displaced as a direct result of acquisition, rehabilitation, or demolition, for a CDBG-assisted project, are entitled to relocation payments and other assistance under the URA. All acquisitions made in order to support a CDBG activity are subject to the URA.

What is an ura policy? ›

The URA provides important protections and assistance for people affected by the acquisition, rehabilitation, or demolition of real property for Federal or federally funded projects.

What is a relocation transaction in real estate? ›

A relocation sale is the sale of a home with the help of a relocation firm because an employee needs to relocate for their job. It is the employer's responsibility to hire a relocation management company to sell the employee's home.

What are relocation allowances? ›

First, a quick definition:

A relocation stipend is a set amount of money an employer provides to cover job-related moving expenses. A stipend can either be pre-fixed based on company policies or calculated based on the employee's actual expenses.

How does relocation expense work? ›

Relocation costs are any expenses that companies offer when providing a package to employees who move to another location. These are often packages that companies assemble to help cover common living and relocation expenses.

What are the justifications for office relocation? ›

Top reasons for office relocation

Moving closer to services you use, or to partners or colleagues you work with. Moving closer to clients or customers. You may even create new opportunities by moving. Cheaper rent or more cost-effective use of space.

What is the relocation expense reimbursem*nt clause? ›

A clause in which the employer agrees to contribute towards the employee's relocation expenses, to be inserted in an employment contract (for example, Standard documents, Employment contract for a senior employee or Employment contract for a junior employee).

What does relocation assistance look like? ›

Moving expenses covered in an executive relocation package include packing and shipping household goods, short-term or long-term storage, transportation expenses, vehicle shipment, temporary housing expenses, and home-finding visits for the employee.

What are relocation rights? ›

Relocation rights are generally specified in the employment contract, under what is known as a 'mobility clause'. Employees who have a mobility clause in their contracts are generally required to relocate, providing the employer acts on the clause in a 'reasonable' manner.

What is relocation policy? ›

The term “relocation policy” or “relocation package” refers to both the specific financial benefits an employee receives to offset the cost of their move and the logistical assistance provided to them.

What is the Federal relocation assistance Act? ›

The purpose of the Uniform Act is to provide for uniform and equitable treatment of persons displaced from their homes, businesses, farms, or nonprofit organizations by federal and federally assisted programs and to establish uniform and equitable land acquisition policies for federal and federally assisted programs.

What is the purpose of the URA? ›

At URA, we adopt a long-term and comprehensive planning approach to formulate strategic plans such as the Long-Term Plan and the Master Plan to guide the physical development of Singapore in a sustainable manner. Our plans and policies are focused on achieving a quality living environment for Singapore.

What is public law 91-646? ›

Public Law 91-646. January 2, 1971. ^^ ACT. [s. 1] To provide for uniform and equitable treatment of persons displaced from their homes, businesses, or farms by Federal and federally assisted programs and to establish uniform and equitable laud acquisition policies for Federal and federally assisted programs.

What was the purpose of the Uniform Act? ›

To provide for uniform and equitable treatment of persons displaced from their homes, businesses, or farms by Federal and federally assisted programs and to establish uniform and equitable land acquisition policies for Federal and federally assisted programs.

What is ACS relocation program? ›

Active duty Soldiers who make a permanent change of station (PCS) are eligible to access Army Community Service (ACS) relocation services available on Army installations. Additionally, active duty Soldiers are entitled to receive PCS allowances to help manage the cost of the move.

What is an example of a relocation clause in a lease? ›

A relocation clause gives a landlord the right to move your business to an alternate space within the building or complex. For example, you may currently rent 2,500 square feet of space in a shopping center, while next door there is 10,000 square feet of empty space that is available for rent.

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