An ordinance amending Chapter 156 of the Louisville Metro Code of Ordinances to reduce fines and costs for owner-occupied properties. This amendment seeks to support generational wealth transfer and encourage compliance with property maintenance by offering a 40% reduction (up to $15,000) on property liens for owners who qualify for the Homestead Exemption and have owned and used the property as their primary residence for the preceding 15 years. Additionally, the property must be in full compliance with Chapter 156 at the time of application, and the owner must not have had other property violations within the last ten years. The application for reduction can only be made once every five years and does not apply if the property is involved in a court action. The ordinance also outlines that applying owners will be informed of their ability to use payment plans for remaining lien amounts, with no interest accruing during compliance with the payment plan. If the owner fails to comply, the original lien amount may be reinstated. The ordinance clarifies penalties for violations of the chapter, including misdemeanors and civil penalties.