Section 1874.06 - Replacement Housing Payment to Tenant-Occupant for Not Less than 90 Days Who Purchases a Replacement(a) General. A displaced tenant eligible for a rental replacement housing payment under Section 1874.05 (a) who elects to purchase a replacement dwelling is eligible to receive an amount, not to exceed $4,000.00, to enable him to make a downpayment on the purchase of a comparable replacement dwelling including the expenses incident to such purchase.(b) Computation of Payment. The payment shall be computed in accordance with the provisions of Section 1874.03 (b).Cal. Code Regs. Tit. 2, § 1874.06
1. Amendment of subsection (a) filed 1-18-77 as an emergency; effective upon filing (Register 77, No. 4).
2. Certificate of Compliance filed 5-17-77 (Register 77, No. 21).