Title
Notice/Advertisement Title: Chapter 4565 Director's Rules
Contact Name: Jeremy Heater-Druhot
Contact Telephone Number: 614-645-8530
Contact Email Address: JRHeater-Druhot@columbus.gov
Body
Director of the Department of Development Rules Pursuant to Chapter 4565 - Affordable Housing and Community Reinvestment Area Incentive Policy
Table of Contents
1. Introduction|910|2. Income Qualification and Verification; Affordable Rent; Gross Annual Income|910|3. Fees|910|4. Reasonable Utility Expenses|910|5. Number of Affordable Housing Units|910|6. Default|910|7. Appeals|910|8. Monitoring Fees and Annual Report 9
9. Deadline to File Applications 9
10. Transition from 2018 to 2022 policy 9
11. Fee-in-Lieu Inflation Calculation 11
12. Columbus Housing CRA 11
13. Chapter 4565.13 Waiver Terms 11
14. Affordable Height Bonus 12
1. Introduction
This document provides interpretation and examples for the Residential Tax Incentive program as defined in Columbus City Codes Chapter 4565. Defined terms in this document shall have the same meaning as in Chapter 4565.
2. Income Qualification and Verification; Affordable Rent; Gross Annual Income
a. Tenant incomes are qualified at the time of initial application to lease the Affordable Housing Unit and are not required to be re-verified for the duration of the applicant’s occupancy of the same Affordable Housing Unit. This means that re-verification is not required:
i. at lease renewal;
ii. if another person(s) moves in, so long as the same Affordable Housing Unit is occupied by the original tenant, or
iii. when a tenant reaches age 18.
b. Income qualification is determined using standard verification procedures similar to market rate developments rather than HUD income verification procedures. Such verification measures may include:
i. Pay stubs;
ii. Pension;
iii. Social security;
iv. Tax return (most recent);
v. W-2s;
vi. Worker’s compensation;
c. Full-time students age 18 or older may qualify as tenants f...
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