AI- 14945
5.A.
CC CONSENT
- Meeting Date:
- 04/14/2009
- Submitted By:
- Estella Webber, URBAN COUNTY
- Department:
- URBAN COUNTY
CAPTION
Requesting authorization to dispose of HOME records for Program Years 1994 through 2003.
BACKGROUND
The record retention regulation (24 CFR 92.508(c)(2)) for the Homebuyer assisted clients states:
“For homeownership housing projects, records may be retained for five years after the project completion date, except for documents imposing recapture/resale restrictions which must be retained for five years after the affordability period terminates.”
The homebuyer assisted client files maturity dates range from 1994 to 2003. Thereby meeting the “five years after the affordability period.” (See attached records)
Owner-Occupied Rehabilitation and Homebuyer Assistance Program denial and cancelled records:
There is no regulation, nor policy that requires retention of denial or cancelled HOME records. Therefore, the Urban County Program – Home Division is requesting disposal of all denied and cancelled records.
(See attached records)
“For homeownership housing projects, records may be retained for five years after the project completion date, except for documents imposing recapture/resale restrictions which must be retained for five years after the affordability period terminates.”
The homebuyer assisted client files maturity dates range from 1994 to 2003. Thereby meeting the “five years after the affordability period.” (See attached records)
Owner-Occupied Rehabilitation and Homebuyer Assistance Program denial and cancelled records:
There is no regulation, nor policy that requires retention of denial or cancelled HOME records. Therefore, the Urban County Program – Home Division is requesting disposal of all denied and cancelled records.
(See attached records)
Fiscal Impact
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Veronica Lopez | 04/07/2009 03:42 PM |
| Auditor's Office | 04/09/2009 03:52 PM |
- Form Started By:
- ewebber
- Started On:
- 04/07/2009 02:16 PM
- Final Approval Date:
- 04/09/2009