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Last Resort Housing will be provided in detail in the informational brochure (Exhibit C)that <br /> will be provided to each household at the initiation of relocation activities.) <br /> Table 3 below portrays an example of a benefits determination under the State relocation <br /> program: <br /> ABLE 3: Example Computation of Rental Assistance Payments <br /> 1. Old Rent $650 Old Rent and Utilities <br /> or <br /> 2.Ability to Pay $700 30%Adjusted,Monthly,Gross Household Income (State)* <br /> 3. Lesser of lines 1 or 2 S650 Base Monthly Rental <br /> Subtracted From: <br /> 4.Actual New Rent $750 Actual New Rent and Utilities <br /> or <br /> 5. Comparable Rent $775 Determined by District(includes utilities) <br /> 6.Lesser of lines 4 or 5 $750 <br /> 7.Yields Monthly Need: $100 Subtract line 3 from line 6 <br /> Rental Assistance $4,200 Multiply line 7 by 42 months <br /> *Gross adjusted income means the total amount of annual income of a household less the following: (1) a <br /> deduction for each dependent in excess of three; (2) a deduction of 10%of total income for the elderly or <br /> disabled head of household; (3) a deduction for recurring extraordinary medical expenses defined for this <br /> purpose to mean medical expenses in excess of 3%of total income, where not compensated for,or covered <br /> by insurance or other sources;(4)a deduction of reasonable amounts paid for the care of children or sick or <br /> incapacitate family members when determined to be necessary to employment of head of household or <br /> spouse,except that the amount shall not exceed the amount of income received by the person who would not <br /> otherwise be able to seek employment in the absence of such care. <br /> Rental Assistance payment amounts are equal to 42 times the difference between the base <br /> monthly rent and the lesser of: <br /> (i) The monthly rent and estimated average monthly cost of utilities for a comparable <br /> replacement dwelling; or <br /> (ii) The monthly rent and estimated average monthly cost of utilities for the decent, safe, <br /> and sanitary replacement dwelling actually occupied by the displaced person. <br /> The base monthly rent for the displacement dwelling is the lesser of: <br /> (i) The average monthly cost for rent and utilities at the displacement dwelling for a <br /> reasonable period prior to displacement, as determined by the Owner; or <br /> City Council 27 —46 7/16/2024 <br />