Agenda 01/12/2021 Item #16D 6 (CDBG Satisfaction of Mortgage)01/12/2021
EXECUTIVE SUMMARY
Recommendation to approve and authorize the chairman to sign one (1) Satisfaction of Mortgage
for the Community Development Block Grant loan program in the amount of $17,560.17 for an
owner-occupied dwelling unit that has satisfied the terms of the affordability period.
OBJECTIVE: To support the affordability of housing in Collier County through the Community
Development Block Grant (CDBG) for purchase assistance (down payment) and emergency repair and/or
rehabilitation assistance programs.
CONSIDERATIONS: Collier County offers assistance to individuals to rehabilitate their homes through
federal grants, such as the CDBG. In conformance with the requirements of CDBG, contained in 24 CFR
570.489, homeowners have to meet affordability requirements for ten (10) years.
If the property is continuously occupied as the principal residence during the initial ten-year period, the
assistance provided is forgiven. The following table details a client who has fulfilled the obligation of the
CDBG assistance provided and is entitled to a satisfaction of mortgage.
Grant Type of
Assistance
Name(s) OR Book
/Page
Mortgage
Recording
Date
Forgiveness
Date
Amount of
Assistance
CDBG Owner-Occupied
Rehabilitation
Assistance
Daysi
Companione
OR4397/
PG0753
09/29/2008 09/29/2018 $17,560.17
Approval of this item will authorize the Chairman to sign the aforementioned satisfaction of mortgage
and the executed document shall be recorded in the Public Records of Collier County, Florida.
FISCAL IMPACT: There is no Fiscal impact since there is no recapture of funds; these grant funds are
forgivable upon satisfaction of the affordability period. The $10 Recording fee required to release the
mortgages will be paid from CDBG fund (705) Project 33631.
LEGAL CONSIDERATIONS: This Item is approved for form and legality and requires a majority vote
for Board approval. - JAB
GROWTH MANAGEMENT IMPACT: None
RECOMMENDATION: To approve and authorize the chairman to sign one (1) Satisfaction of
Mortgage for the Community Development Block Grant loan program in the amount of $17,560.17 for an
owner-occupied dwelling unit that has satisfied the terms of the affordability period.
Prepared By: Lisa N. Carr, Senior Grants Coordinator, Community & Human Services Division
ATTACHMENT(S)
1. SOM-Companione, Dasyi (PDF)
2. Daysi Companione CDBG Mortgage 10 years (PDF)
16.D.6
Packet Pg. 1537
01/12/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.6
Doc ID: 14531
Item Summary: Recommendation to approve and authorize the chairman to sign one (1)
Satisfaction of Mortgage for the Community Development Block Grant loan program in the amount of
$17,560.17 for an owner-occupied dwelling unit that has satisfied the terms of the affordability period.
Meeting Date: 01/12/2021
Prepared by:
Title: Grants Coordinator – Community & Human Services
Name: Lisa Carr
12/16/2020 11:56 AM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
12/16/2020 11:56 AM
Approved By:
Review:
Communication and Customer Relations Lisa Weinmann Additional Reviewer Completed 12/16/2020 11:59 AM
Community & Human Services Cormac Giblin Additional Reviewer Completed 12/16/2020 2:15 PM
Community & Human Services Kristi Sonntag CHS Review Completed 12/21/2020 3:50 PM
Community & Human Services Maggie Lopez Additional Reviewer Completed 12/21/2020 7:46 PM
Operations & Veteran Services Kimberley Grant Level 1 Reviewer Completed 12/22/2020 9:39 AM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 12/22/2020 11:22 AM
Grants Erica Robinson Level 2 Grants Review Completed 12/22/2020 1:16 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 12/22/2020 2:27 PM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 12/22/2020 4:53 PM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 12/23/2020 8:23 AM
Budget and Management Office Ed Finn Additional Reviewer Completed 12/23/2020 11:11 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 12/23/2020 2:15 PM
Grants Therese Stanley Additional Reviewer Completed 12/29/2020 10:23 AM
County Manager's Office Sean Callahan Level 4 County Manager Review Completed 12/30/2020 3:45 PM
Board of County Commissioners MaryJo Brock Meeting Pending 01/12/2021 9:00 AM
16.D.6
Packet Pg. 1538
16.D.6.a
Packet Pg. 1539 Attachment: SOM-Companione, Dasyi (14531 : CDBG SOM)
16.D.6.b
Packet Pg. 1540 Attachment: Daysi Companione CDBG Mortgage 10 years (14531 : CDBG SOM)
16.D.6.b
Packet Pg. 1541 Attachment: Daysi Companione CDBG Mortgage 10 years (14531 : CDBG SOM)
16.D.6.b
Packet Pg. 1542 Attachment: Daysi Companione CDBG Mortgage 10 years (14531 : CDBG SOM)
16.D.6.b
Packet Pg. 1543 Attachment: Daysi Companione CDBG Mortgage 10 years (14531 : CDBG SOM)