ENROLLED 2022 Regular Session HOUSE RESOLUTION NO. 193 BY REPRESENTATIVE LYONS A RESOLUTION To direct the office of community development within the division of administration to work in conjunction with the Louisiana Housing Corporation to update the policies and procedures for the Small Rental Property Program and to submit the updated policies and procedures to the House of Representatives no later than January 1, 2023. WHEREAS, the Small Rental Property Program is implemented by the office of community development to provide affordable rental units to low-income individuals; and WHEREAS, property owners participating in the program must comply with certain requirements; and WHEREAS, one of the requirements is that in certain circumstances, participating property owners whose property sustained damages from recent storms or disaster related events must have insurance checks endorsed by the office of community development; and WHEREAS, the office of community development requires all files to undergo a comprehensive compliance review and property inspection prior to endorsement; and WHEREAS, if the property owner is unable to provide compliance information as required for prior periods, the office of community development may allow an acknowledgment form which requires the property owner to acknowledge the noncompliant periods; and WHEREAS, the compliance review process is cumbersome and causes significant delay in insurance payments to property owners and acknowledging noncompliance may cause issues for the property owner; and Page 1 of 2 HR NO. 193 ENROLLED WHEREAS, the Louisiana Housing Corporation has extensive experience in compliance monitoring and monitors cases on an ongoing basis; and WHEREAS, addressing noncompliant cases as they arise would decrease the instances of noncompliance issues only being resolved when a property owner has received an insurance check to repair property damage. THEREFORE, BE IT RESOLVED that the House of Representatives of the Legislature of Louisiana does hereby direct the office of community development within the division of administration to work in conjunction with the Louisiana Housing Corporation to update the policies and procedures for the Small Rental Property Program and submit the updated policies and procedures to the House of Representatives no later than January 1, 2023. BE IT FURTHER RESOLVED that the updated policies and procedures shall address the following issues: (1) Required compliance information and documentation, including a review of the compliance requirements included in the Small Rental Property Program Policy Clarification Memorandum 87-A. (2) Increasing the amount of the current escrow threshold. (3) Utilization of the Louisiana Housing Corporation to conduct ongoing compliance reviews. BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the the executive director of the office of community development and the executive director of the Louisiana Housing Corporation. SPEAKER OF THE HOUSE OF REPRESENTATIVES Page 2 of 2