This ordinance amends Chapter 156 of the Louisville Metro Code of Ordinances to create a lien waiver program for qualifying owner-occupied properties, reducing code enforcement liens by 40% up to a $15,000 cap. Owners who hold a Homestead Exemption under KRS 132.810, have owned and used the property as their primary residence for at least 15 years, are in full compliance with Chapter 156, have no other violations in the past ten years, and are not involved in related court actions may apply once every five years for the reduction. Approved applicants may enter into interest-free payment plans for remaining lien balances while maintaining compliance, with original lien amounts reinstated upon default. The ordinance ensures continued participation in other debt-reduction programs and preserves lien priority for Metro Government taxes and abatements.