Ohio Revised Code|Section 163.54 | Additional payments to displaced person displaced from dwelling owned 90 days or more.

                                                
(A) In addition to payments otherwise  authorized by sections 163.51 to 163.62 of the Revised Code, the  head of the displacing agency shall make an additional payment not  to exceed thirty-one thousand dollars to any displaced person who  is displaced from a dwelling actually owned and occupied by the  displaced person for not less than ninety days prior to the  initiation of negotiations for the acquisition of the property.  Such additional payment shall include the following elements: 
(1) The amount, if any, which when added to the acquisition  cost of the dwelling acquired by the displacing agency, equals the  reasonable cost of a comparable replacement dwelling.
(2) The amount, if any, which will compensate the displaced  person for any increased interest costs and other debt service  costs which the person is required to pay for financing the  acquisition of a comparable replacement dwelling. This amount  shall be paid only if the dwelling acquired by the displacing  agency was encumbered by a bona fide mortgage which was a valid  lien on the dwelling for not less than ninety days prior to the  initiation of negotiations for the acquisition of the dwelling.
(3) Reasonable expenses incurred by the displaced person for  evidence of title, recording fees, and other closing costs  incident to the purchase of the replacement dwelling, but not  including prepaid expenses.
(4) A rental assistance payment for a displaced person who is  eligible for a replacement housing payment under this section but  who elects to rent a replacement dwelling. The amount of the  rental assistance payment shall be based on a determination of  market rent for the acquired dwelling compared to a comparable  rental dwelling available on the market in the general area of the  acquired dwelling. The difference, if any, shall be computed in  accordance with division (A) of section 163.55 of the Revised  Code, except the limit of seven thousand two hundred dollars shall  not apply. Under no circumstances shall the rental assistance  payment exceed the amount that the displaced person could have  received under division (A)(1) of this section. A displaced person  who is eligible to receive a replacement housing payment under  this section is not eligible for a down payment assistance payment  described in division (B) of section 163.55 of the Revised Code.
(B) The additional payment authorized by this section shall  be made only to a displaced person who purchases and occupies a  replacement dwelling which is decent, safe, and sanitary not later  than the end of the one-year period beginning on the date on which  the displaced person receives from the displacing agency final  payment of all costs of the acquired dwelling, or on the date on  which the displacing agency's obligation under division (B)(3) of  section 163.56 of the Revised Code is met, whichever is later,  except that the displacing agency may extend the period for good  cause. If the period is extended, the payment under this section  shall be based on the costs of relocating the person to a  comparable replacement dwelling within one year after the  displaced person receives from the displacing agency final payment  of all costs of the acquired dwelling.