March 2005 49 CFR Part 24 Subpart D Moving Costs and Related Expenses.

Slides:



Advertisements
Similar presentations
IPED HUD Multifamily Housing Compliance Arlington, Virginia May 10 – 11, 2007 Michael H. Reardon, Esq. Nixon Peabody LLP th Street, NW, Suite 900.
Advertisements

Carryover Allocations and 10% Test
Family Economics and Financial Education Take Charge of your Finances
Buying and Selling a Home
Fixed price contract: A contract that provides a price for each procurement item obtained under the contract.
49 CFR Part 24 Subpart E Replacement Housing Payments.
Complex Business Relocations and Move Planners Darryl Root, J.D., MBA, R/W-RAC Paragon Partners Ltd. Robert Merryman, R/W-RAC OR Colan Associates Michael.
March CFR Part 24 Subpart D Moving Costs and Related Expenses.
Federal Aviation Administration Rick Etter Airport Acquisition Specialist FAA, Office of Airport Planning and Programming (202) ,
Renting vs. Buying Housing. Rental Terminology Landlord Owner of property –Expects rent to be paid on time and for tenant to keep the property in reasonable.
 ‘Trade-Offs’  Interest › Lost with a down payment/security deposit  Commuting › Driving to work daily › Time vs Cost  Time & Money › Lower/older.
Real Estate Law An Introduction to the Closing Real Estate Law An Introduction to the Closing.
March CFR Part 24 Subpart F Mobile Homes.
49 CFR Part 24 Subpart E Replacement Housing Payments.
Slide #1 Annie Stevenson Verification Techniques.
Enterprise Asset Management CUB meeting November 14, 2012 DAS Surplus Property Program facilitates the reuse of surplus property for state, local and federal.
Real Estate Investment Chapter 8 Single-Family Dwellings and Condominiums © 2011 Cengage Learning.
Alternative Payments for Business Robert Merryman Senior Vice President, O.R. Colan Associates Leslie Beaird Relocation Manager, Universal Field Services,
49 CFR Part 24 Subpart C General Relocation Requirements.
Presenters: Dawn Van Oudenhoven, WisDOT /NE Region Kassandra Walbrun, WisDOT /BTS-RE Kathy Rudolph, Timbers-Selissen Land Specialists Business Moves Statewide.
1 BCAC and Connecticut Bankers Association April 1, Flood Insurance Updates - Presented by: Samuel W. Shaw, Review Examiner Robert Ellis, Senior.
Early Childhood Program Management Finance and Budgeting By J.C. Watkins.
Calculating Resident Rent
1 By: Dan Scherer, Assistant Superintendent of Water & Sewer.
Presented by: Darryl Root, J.D., MBA, R/W-RAC David Harrah, Texas DOT Karen D’Angelo, Halff Associates MOBILE HOME RELOCATION Got Wheels?
1 Acquisition, Relocation and Displacement Requirements For Grant Administrators.
Federal Requirements for Right of Way. Training Objectives  Identify the constitutional basis for paying just compensation to property owners.  Define.
Investment Basics Clench Fraud Trust Investment Workshop October 24, 2011 Jeff Frketich, CFA.
1 AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 (ARRA) The Recovery and Your Family.
Budgets & Financial Management. Financial Management 2 Two components: – Demonstrating overall Viability, Capability, and Accountability (VCA) – Showing.
Financing and Producing Goods. Investing in the Free Enterprise System.
Chapter 6 Own a Home or Car.
1 of 14 Real Estate Law, 8th Ed. by Marianne M. Jennings Chapter 16 Closing the Deal.
Renting vs. Owning Family Economics and Financial Education Take Charge of your Finances.
1 Welcome to the International Right of Way Association’s Course 501 Residential Relocation Assistance 501.PPT.R
FINANCIAL STATEMENTS. Why Use Financial Statements? Investors and bankers Investors and bankers Suppliers and creditors Suppliers and creditors You and.
Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (URA) 49 CFR Part 24.
1 Acquisition, Relocation and Displacement For Local Officials.
11-1 ©2011 Pearson Education, Inc. Publishing as Prentice Hall.
RENTING VS. OWNING FAMILY ECONOMICS AND FINANCIAL EDUCATION TAKE CHARGE OF YOUR FINANCES.
Property Acquisition, Demolition, Rehabilitation & Relocation The Uniform Act, and Section 104(d) – What you need to know for the Neighborhood Stabilization.
Ridgeland School District Referendum. District 122 in Oak Lawn.
1 Welcome to the International Right of Way Association’s Course 502 Non-Residential Relocation Assistance 502.PPT.R
Equipment, Facilities, Capital Improvements & Other Property.
Life Estates & Assisted Living Residential Relocation Dianna Nausley WSDOT, Real Estate Services Relocation Assistance, Program Support, and Local Agency.
Housing Vouchers By Schanda Butcher. Housing Vouchers effect all of us and plays an important role in the growth and development of our communities.
Thou Shall It’s Appealing For Short Takin’ Care of Business Odds & Ends
H.C. Peck & Associates, Inc. A National Land Service Company Relocation Under HUD Section 18 (P.S. - it’s not the URA ) Relocation Under HUD Section 18.
Revenue-Based Development Incentives Property Tax Revenues Bob Rychlicki Kane, McKenna and Associates, Inc.
Financial Presentation Five-Year Forecast October 17, 2005.
Move It Likened to Another By the Numbers One Man’s Opinion Defined By
Renting vs. Owning G1 © Family Economics & Financial Education – Revised March 2009 – Housing Unit – Renting vs. Owning a Home Funded by a grant.
New Time and Material Requirements Glenn Baer March 2007.
1 DEFENSE LOGISTICS AGENCY AMERICA’S COMBAT LOGISTICS SUPPORT AGENCY DEFENSE LOGISTICS AGENCY AMERICA’S COMBAT LOGISTICS SUPPORT AGENCY WARFIGHTER SUPPORT.
Dawn Van Oudenhoven – WisDOT NE Region Jacob Hoagland – Asset Equipment Appraisals September 30, 2015 Chula Vista Resort, Wisconsin Dells.
Mobile Homes: Personalty or Realty? Ted Pluta O. R. Colan Associates.
How much money should I have?. Start-Up Expenses Expenses entrepreneurs have when starting their business Expenses entrepreneurs have when starting their.
Buying a Home Unit Two—Budgeting Financial Literacy Standard 4 Mrs. Morrey.
Payroll Services Update May 25, 2016 David Lerma, Director of Payroll Services.
Chapter 2 Preparing for Management. I. Owner Benefits INCOME CASH FLOW is the cash left over after cash expenses. It is money that any owner can spend.
THE BIGGEST WINNER Uniform Guidance. Test Your Knowledge UG Basics Equipment & Facilities Shared Costs Items of Cost Bits & Pieces
Section 7.3. The Home Buying Process Buying a home will probably be the most expensive purchase you ever make. You will need to determine your home ownership.
Renting vs. Buying Housing
©2008 Prentice Hall, Inc..
Financing Land Development Projects
Right of Way – Eligible for State Aid Reimbursement
Business Consultant Presentation
A Pricing Perspective on Contract Cost/Price Analyst
©2010 Pearson Education, Inc. Publishing as Prentice Hall
Presentation transcript:

March CFR Part 24 Subpart D Moving Costs and Related Expenses

March 2005 D--2 Old Rule  §  §  §  §  §  §  § Reorganized Subpart New Rule  § Expanded  § Reworded  § NEW*  § Unchanged  § New # only  § New # only *No longer subject to a$10,000 re-establishment cap.

March 2005 D--3 Residential Self-Moves  § (b) Moves from a dwelling.  § (c) Moves from a mobile home.  Self-moves based on the lower of two bids or estimates are not eligible for reimbursement under this section.  Labor and equipment rates limited to that paid by commercial movers.

March 2005 D--4 Residential Move Options § (B)  Commercial Move.  Actual cost based on Receipted Bills.  Fixed Residential Moving Cost Schedule.  Combination.

March 2005 D--5 Moves of Personal Property Only  New § (e) covers situations in which the main business or dwelling is not required to move but the owner’s or tenant’s “stuff” is. R/W

March 2005 D--6 Actual Direct Loss § (g)(14) Payment is the lesser of: Market value in place “as is.” LESS ( i ) or ( ii ) Estimated cost to move and reconnect “as is.”

March 2005 D--7 Nonresidential Moves  § (g)(17) Searching expense:  Limit raised to $2,500.  New reimbursement items.  Owner or professional services’ time spent for:  Obtaining permits and attending hearings.  Negotiating the purchase or lease of replacement site.

March 2005 D--8 Nonresidential Moves – Searching Expense  Appendix A, § (g)(17):  Examples of reasonable and necessary costs that may be considered for reimbursement.  Potential to use waiver under § 24.7 to exceed $2,500 for situations where warranted based on Federal funding Agency procedures.

March 2005 D--9 Low Value/High Bulk § (g)(18). This is a new addition to the list of eligible moving expenses. Stockpiled sand, gravel, and similar items Pay the lesser of... Price for sale at old site. Cost for new at new site.

March 2005 D--10 Nonresidential Moves Related Eligible Expense  § Actual, reasonable, and necessary costs for:  Utility connection from right of way:  Not related to personal property.  Professional services prior to purchase/lease to determine suitability:  Soil testing, feasibility, and marketing studies to determine site suitability.  Impact fees and one-time assessments.

March 2005 D--11 Ineligible Moving and Related Expenses § (h)(12)  Refundable security and utility deposits