Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 370.18 - Rental Differential Payment to Owner-Occupant for 180 Days or More Who Rents a Replacement Dwelling(a) General. An owner-occupant eligible for a replacement housing payment under Section 370.17(a) who elects to rent a replacement dwelling is eligible for a rental differential payment not to exceed $4,000.00.(b) Computation and Disbursement of Payment. The payment shall be computed and disbursed in accordance with the provisions of Section 370.21(b), (c) and (d) except that: (1) The present rental rate shall be economic rent as determined by market data; and(2) The payment may not exceed the maximum amount which he would have received had he elected to receive a purchase differential payment under Section 370.17(b).Cal. Code Regs. Tit. 23, § 370.18
Note: Authority cited: Section 7267.8, Government Code. Reference: Section 7268, Government Code.