HOME/NHTF Rent and Occupancy Reports Due July 28
The HOME and NHTF Rent and Occupancy form has been updated this year. The update now requires projects to submit the current lease with any lease addenda/lease attachments along with a fee schedule. Additionally, NHTF and HOME regulations, 24 CFR § 93.204(b)(4) and §92.214(b)(3), require that fees do not create an undue burden on low-income households and charges be reasonable and customary for the geographic area. OHFA considers the following charges as customary:
- Application fees
- Late fees
- Fees for insufficient funds
- Lost key/lockout fees
- Pet fees (limited to $30/month total, not per pet)
- Parking in neighborhoods where such fees are customary/garage fees
- Credit card processing fees
- Cost of non-mandatory services such as meal or bus service so long as such services are voluntary
Customary charges are limited to “actual cost”. OHFA must approve all fees charged by the owner.
You must submit this information by emailing it to:
HOMERA@ohiohome.org. You can access reports
here. Please ensure you read all instructions and submit all the required documentation.