Computing Replacement Housing Payments
 
504 Computing Replacement Housing Payments: An emphasis on calculation of rental assistance payments, price differential payments, mortgage interest differential payments and incidental expenses payments in complicated situations. 
 
 

 

Course Number:

C504

Course Title:

Computing Replacement Housing Payments

Course Level:

Intermediate

Course Length:

2 days – 8 AM to 5 PM Daily

IRWA Credits:

16 QEU / CEU

Prerequisites:

IRWA Course 501 “Residential Relocation Assistance” or have at least 2 years experience performing relocation assistance
 

 

 

 

Course Description

This course is designed for participants with thorough knowledge and experience implementing the Uniform Act.  Realistic and complex situations are used as if the participants have been assigned to a small project requiring the relocation of the occupants of twelve (12) residential properties.  The household surveys have been conducted and a copy of each interview sheet is contained in the materials provided.  The participants act as the individuals assigned to compute the replacement housing payments on behalf of the Agency.  Participants should have the knowledge to calculate basic payments, as group discussions and exercises maximizing practical application of the cases studies will be the emphasis of this course.
 
Credentialing
  • An intermediate course that can be applied towards continuing education and recertification credit.
  • Specialist:  Required course for the R/W-AC, R/W-RAC and R/W-URAC programs.  
Topics
  • The importance of collecting the pertinent information at the interview stage
  • Replacement Housing Payments for 90-day occupants
  • Aliens not lawfully present
  • Replacement Housing Payments for less than 90-day occupants
  • Replacement Housing Payments for 180-day owner occupants
  • Legal reference - The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (Public Law 91-646) as amended
  • Regulatory Reference 49CFR part 24

Course Tuition includes

  • Participant Manual
  • Federal Register

Required Material

  • Financial calculator 

Who should take this course

This course is intended for experienced right of way practitioners who are in the field of relocation assistance.
 

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Classroom Based Education

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