Section 15-24-34 - Replacement housing payment to tenant-occupants and sleeping room occupants for not less than ninety days who rent(a) A displaced tenant of property acquired by any governmental agency who elects to rent shall be eligible for a replacement housing payment; provided that the tenant-occupant has been in occupancy for more than 90 days prior to the first written offer to purchase the dwelling, or if the displaced tenant moves in "reasonable expectation" the tenant shall have been in occupancy for more than 90 days prior to the date of the move; and provided further that the tenant has rented and occupied a comparable decent, safe and sanitary dwelling not later than one year subsequent to the date on which the tenant was required to move.(b) The payment, not to exceed $1,500, shall be determined by subtracting from the actual amount necessary to rent a comparable dwelling or room for the next two years the following amount: (1) Twenty-four times the average monthly rental paid by the relocated individual or family during the last six months if the rental is reasonable, or the average rent, if reasonable, during the time of occupancy if the occupancy is less than six months, prior to being required to move; or(2) If the rent is not reasonable, twenty-four times the economic rent established by the displacing governmental agency for the dwelling unit.[Eff 2/11/91] (Auth: HRS §§ 206E-4, 206E-10.5) (Imp: HRS §§ 206E-4, 206E-10.5)
§ 15-24-34 is based substantially upon § 15-18-13. [Eff 9/22/84; R 2/11/91]