Local limit theorem for joint subgraph counts

Extending a previous result of the first two authors, we prove a local limit theorem for the joint distribution of subgraph counts in the Erd\H{o}s-R\'{e}nyi random graph $G(n,p)$. This limit can be described as a nonlinear transformation of a multivariate normal distribution, where the components of the multivariate normal correspond to the graph factors of Janson. As an application, we show a number of results concerning the existence and enumeration of proportional graphs and related concepts, answering various questions of Janson and collaborators in the affirmative.