HOME Affordable Units Monitoring
The City of Cincinnati receives HOME Investment Partnership funding from the United States Department of Housing and Urban Development (“HUD”) through its annual entitlement grant. These funds must be used for the construction of rental housing and homeownership opportunities for low-moderate income households.
The rental housing constructed with HOME funds has a period of required affordability where the City must monitor the owner’s adherence to lease requirements and property standards
All non-profit and for-profit organizations who have received HOME funding from the City and have constructed affordable rental housing with long term AMI-restriction requirements are required to be monitored for the quality of the housing and ensuring it’s occupied by households who fit the AMI-restrictions.
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Goal​
As a condition of the City’s use of HOME funding, HUD requires that the City undertake annual monitoring of the housing constructed by HOME funds. The monitoring period is determined case by case pursuant to HUD rules and regulations but commonly ranges from 10-20 years.
Overview of Process
The Department of Community and Economic Development ("DCED") staff send annual notices for monitoring, review documents from the property owner, and conduct inspections of HOME units using a qualified and licensed property inspection company.
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Timeline​
Services are provided on a year-round, ongoing basis.
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Interested? Have questions? For more information, contact:
Angelica Camacho, angelica.camacho@cincinnati-oh.gov