Multiple Ownership of Subject Dwelling
When a single-family dwelling is owned by several persons,
and occupied by only some of the owners, compute the replacement
housing supplement in the normal way. The payment, however, will
be the lesser of:
- the difference between the owner-occupant’s share of the acquisition cost of the acquired dwelling and the actual cost of the replacement dwelling purchased by the displacees; or
- the difference between the total acquisition cost of the acquired dwelling and the amount determined by TxDOT as necessary to purchase a comparable dwelling (the approved supplement).
If a displacee(s) holds a life estate interest in the TxDOT-acquired
property, use an annuity table (recognized by the courts) to determine
the value of displacee’s share of the parcel acquisition cost. Coordinate
these situations with the ROW Program Office before informing the
displacee of the specific amount of his/her replacement
housing entitlement.
Displaced owner-occupants who do not or cannot purchase and
occupy a DSS dwelling after the adjustments of the acquisition share,
will be entitled to receive a rent supplement payment if they rent
and occupy a DSS dwelling.