Sec. 17. (a) In lieu of the amount determined under section 16 of this chapter, the agency may make a payment to the displaced person in an amount necessary to enable the person to make a down payment on the purchase of an adequate replacement dwelling, not in excess of two thousand five hundred dollars ($2,500).
(b) In addition to any payment payable under subsection (a), the agency shall pay reasonable expenses incurred by the displaced person for evidence of title, recording fees, and other closing costs incidental to the purchase of the replacement dwelling, but not including prepaid expenses.
As added by P.L.18-1990, SEC.226.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 23. Indiana Department of Transportation
Chapter 17. Relocation Assistance
8-23-17-2. "Agency Head" Defined
8-23-17-3. "Displaced Person", "Displaced", and "Displacement" Defined
8-23-17-5. "Farm Operation" Defined
8-23-17-7. "Adequate Replacement Dwelling" Defined
8-23-17-8. "Gross Monthly Income" Defined
8-23-17-9. "Person" and "Owner" Defined
8-23-17-11. "Code Enforcement" Defined
8-23-17-12. Payments; Applicable Provisions
8-23-17-13. Compensation for Expenses and Losses
8-23-17-14. Moving Expense and Dislocation Allowances
8-23-17-15. Payment Based on Average Annual Net Earnings
8-23-17-16. Allowance for Lease or Rental of Adequate Replacement Dwelling
8-23-17-18. Relocation Advisory Assistance Program
8-23-17-19. Cooperation With Other Agencies
8-23-17-20. Relocation Assistance Advisory Programs; Measures, Facilities, and Services
8-23-17-21. Coordination With Government Community Actions
8-23-17-22. Service Contracts; Use of Other Agencies
8-23-17-23. Rules and Procedures; Establishment
8-23-17-24. Rules and Provisions; Adoption by Agency Heads and Governor
8-23-17-26. Reimbursement of Conveyance Expenses, Penalties, and Real Property Taxes
8-23-17-27. Awards for Condemnation Proceeding Expenses
8-23-17-28. Adequate Replacement Dwelling Requirement
8-23-17-30. Federal Assistance; Compliance With Federal Law
8-23-17-31. Federal Assistance; Noncompliance With Chapter
8-23-17-32. Tax Exemptions; Effect of Payments on Public Assistance Eligibility
8-23-17-33. Review of Determination
8-23-17-34. Waiver of Eminent Domain Power; Notice to Property Owner