Relocation Assistance for Displaced Small Business Owners
Other than the situations below, small business owners whose tenancies are terminated due to redevelopment or because a new owner has acquired the property are not entitled by law to relocation assistance.
The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA) is a federal law that guarantees fair compensation, relocation payments, and advisory assistance for individuals, businesses, and farms displaced or having property acquired by federal or federally assisted projects.
The California Relocation Assistance Law (Gov. Code § 7260 et seq.) ensures uniform and fair treatment for individuals and businesses displaced by public projects or eminent domain. It mandates displacing public entities to provide advisory services and financial compensation for moving costs, replacement housing, and business reestablishment.
Under AB 2011, developers proceeding with mixed-income housing projects on commercial corridors must adhere to strict business relocation payouts. Specifically,' AB 2011 creates streamlined, CEQA-exempt approvals to build affordable and mixed-income housing on commercially zoned land. For mixed-income "Type 2" projects, developers must formally notify commercial tenants upon application and provide significant, tiered relocation assistance to eligible businesses. See more information here.