24VAC30-41-660. Utilization of last resort housing.
Last resort housing is applicable when:
1. Comparable replacement housing is not available on the housing market; or
2. Comparable replacement housing is available, but:
a. The computed replacement housing payment exceeds the $31,000 limitation; or
b. The computed rent supplement exceeds the $7,200 limitation.
3. Comparable housing is not available within the financial means of a displaced person who is ineligible to receive a replacement housing payment because of failure to meet length-of-occupancy requirements.
Statutory Authority
§ 25.1-402 of the Code of Virginia; 42 USC § 4601 et seq.; 49 CFR Part 24.
Historical Notes
Derived from Virginia Register Volume 18, Issue 3, eff. November 21, 2001; amended, Virginia Register Volume 21, Issue 13, eff. April 6, 2005; Volume 30, Issue 26, eff. October 1, 2014.