24.401(c)(1)

(1) Basic computation. The price differential to be paid under paragraph (b)(1) of this section is the amount which must be added to the acquisition cost of the displacement dwelling and site (see § 24.2(a)(11)) to provide a total amount equal to the lesser of:

  • 24.401(c)(1)(i) The reasonable cost of a comparable replacement dwelling as determined in ac...
  • 24.401(c)(1)(ii) The purchase price of the decent, safe, and sanitary replacement dwelling a...