Last Resort Replacement Housing

25 C.F.R. Part ..., Subpart H
in effectEffective: 2024-07-01

25 C.F.R. § 700.209 Applicability.

The provisions of this subpart apply only when the Commission determines that, unless it acts under the provisions of this subpart, there is a reasonable likelihood that replacement dwelling(s) will not be available on a timely basis to person(s) to be displaced.

25 C.F.R. § 700.211 Basic rights and rules.

The provisions of this subpart do not deprive any displaced person of any rights described elsewhere in these regulations. The Commission may meet its obligation to provide persons with reasonable opportunities to relocate to a replacement dwelling by offering such opportunities developed or to be developed under this subpart.

25 C.F.R. § 700.213 Methods of providing last resort replacement housing.

(a) General. The methods of providing last resort housing include, but are not limited to— (1) Rehabilitation of, and/or additions to, an existing replacement dwelling; (2) A replacement housing payment in excess of the limits set forth in subparts E and F of this part or the provision of direct Commission mortgage financing; (3) The construction of a new replacement dwelling; (4) The relocation and, if necessary, rehabilitation of a replacement dwelling; (5) The purchase of land and/or a replacement dwelling by the Commission and subsequent sale or lease to, or exchange with, a displaced person; and (6) The removal of barriers to the handicapped as may be necessary.

Starting a business? Corpus forms LLCs in all 50 states and DC.