New York Codes, Rules and Regulations
Title 8 - EDUCATION DEPARTMENT
Chapter V - State University of New York
Subchapter A - Regulations of the Board of Trustees
Part 303 - Payments To An Owner Or Tenant Of Residential Property Or Commercial Property Upon Their Application For Allowance Of Moving Expenses In Vacating Prope
Section 303.6 - Supplemental relocation payments to residential owners and tenants
Current through Register Vol. 46, No. 12, March 20, 2024
(a) Supplemental relocation payments, as set forth herein, shall be based upon market studies and data obtained by the office of university land acquisition of available housing in the general area of the acquisition. In the event that the trustees determine that there are no comparable decent, safe and sanitary homes on the market in the general area of the appropriated property, the trustees may make supplemental relocation payments based upon the cost-to-cure (make decent, safe and sanitary) the acquired residential unit or upon whatever other basis they deem appropriate under the particular circumstances involved. In the discretion of the trustees, an advance payment may also be made to an eligible residential tenant or owner where a hardship situation is deemed to exist pursuant to section 303.3(a)(8). The amount and manner of such payment is to be determined by the trustees according to the particular circumstances of each situation.
(b) A supplemental relocation payment of up to $5,000 as defined in this Part may be made to owners of residential property acquired by the trustees, subject to the following conditions:
(c) A supplemental relocation payment of up to $1,500 as defined in this Part shall be made to displaced owners or tenants of residential property subject to the following conditions: