Compliance in HOME, CDBG & NSP

Federally Funded Rental Projects Annual Compliance Reporting
Rental Projects within their contractual “Period of Affordability” are required to submit Annual Compliance documentation.
 
To complete your documentation, download and complete documents #1 through #3. Once completed, upload all documents as well as the additional documents requested in the form below.
 
Please use the applicable documents embedded below and upload them in the form.
  1. Annual Compliance Report
  2. Project Compliance Certification
  3. Property Owner/Manager Information Sheet
  4. Affirmative Fair Housing Marketing Plan (Applicable to projects with five or more HOME units)
In addition to the above four (4) items the following items will also need to be uploaded as part of the annual reporting:
  • Audited Financials
  • Utility Allowance/HUSM
  • Current Operating Budget
  • Proof of Insurance
  • Lease Template
  • Current Rent Roll for all units

***To submit your annual HOME compliance documentation (which includes the documentation above), please complete the form here.***

For concerns about the uploading and completing of your compliance documents; please contact Marilyn Edwards by email, Marilyn.Edwards@louisvilleky.gov, by telephone, 502-574-3977, or via mail, send to Louisville Metro OHCD ATTN: Marilyn Edwards, 444 S. 5th Street, Suite 500, Louisville KY 40202

Maximum Purchase Price/After Rehab Value Limits


HUD has issued new HOME homeownership value limits, formerly 203(b) limits, that are effective March 1, 2017

HUD has issued new Maximum Purchase Price or After-rehab Value Limits (“95% limits”) for 2012 that are effective March 29, 2012. PJs whose actual 95 percent limit is below the February 2008 Section 203(b) limit may choose to continue to use the higher February 2008 limit. PJs whose actual 95 percent limit is higher than the February 2008 Section 203(b) limit may choose to use the higher 95 percent limit. PJs that obtain HUD Field Office approval of a PJ-determined 95 percent limit using the methodology described in the HOME regulations at 24 CFR 92.254(a)(2)(iii) may continue to update and use these locally-determined limits.


HOME and NSP Income Limits

2017 Louisville/Jefferson County HOME income limits, effective April 11, 2017

2016 Louisville/Jefferson County HOME income limits, effective April 13, 2016

2015 Louisville/Jefferson County HOME income limits, effective June 1, 2015

2014 Louisville/Jefferson County HOME income limits, effective May 1, 2014

Income Calculator

HOME Rent Limits 

Current Louisville/Jefferson County HOME rent limits, effective June 15, 2017

Current Louisville/Jefferson County HOME rent limits, effective April 13, 2016

Current Louisville/Jefferson County HOME rent limits, effective June 1, 2015

Current Louisville/Jefferson County HOME rent limits, effective May 1, 2014

Utility Allowances

Louisville/Jefferson County Multi-Family and Single Family Rental Utility Allowance effective January 1, 2018

Louisville/Jefferson County Multi-Family and Single Family Rental Utility Allowance effective January 1, 2017

Louisville/Jefferson County Multi-Family and Single Family Rental Utility Allowance effective January 1, 2016

Louisville/Jefferson County Mutli-Family and Single-Family Rental Utility Allowance effective January 1, 2015

 

 

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