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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)

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