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Agenda 05/25/2021 Item #16D 1 (SHIP Mortgage Satisfactions)05/25/2021 EXECUTIVE SUMMARY Recommendation to approve and authorize the chairman to sign three (3) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $43,200 and the associated Budget Amendment. OBJECTIVE: To support the affordability of housing in Collier County through State Housing Initiatives Partnership (SHIP) down payment and emergency repair and/or rehabilitation assistance programs. CONSIDERATIONS: SHIP, a state affordable housing program, offers assistance to first-time homebuyers for use toward a portion of the required down payment and emergency repairs to the newly acquired home, and rehabilitation assistance to homeowners for rehabilitation to their homesteaded property. As a condition of award, the homeowner must repay the assistance provided upon sale, refinance, or loss of homestead exemption. The following table provides details regarding the associated mortgages that have been repaid. As such, satisfaction of mortgages is required. File # Name Public Record Mortgage Amount Payoff Amount 09-053 Mario Lopera & Gloria Lopera OR 4422/PG 1069 $5,200 $5,200 05-046 Steven H. Marcozzi OR 4030/PG 3018 $18,000 $18,000 14-005 Justo Rueda & Yaimarelys Rivera OR 5174/PG2623 $20,000 $20,000 Total $43,200 $43,200 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: The repaid amount of $43,200 satisfies the payoff amounts. These repayments are considered program income and have been deposited in SHIP Grant Fund (791), Project 33686. Deposited funds will be used for SHIP-eligible activities. The Budget Amendment recognizes $43,200 in program income, of which five percent (5%) will be used as Administrative funds. Recording fees of $10 per Satisfaction of Mortgage have been paid by the homeowners. The additional $10 paid for the Lopera mortgage will be refunded to the homeowner via the Title Company. LEGAL CONSIDERATIONS: This item is approved for form and legality and required a majority vote for Board approval. -JAB GROWTH MANAGEMENT IMPACT: There is no Growth Management impact. RECOMMENDATION: To approve and authorize the Chairman to sign three (3) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $43,200 and approve the associated Budget Amendment. Prepared By: Lisa N. Carr, Senior Grants Coordinator, Community & Human Services Division 16.D.1 Packet Pg. 1261 05/25/2021 ATTACHMENT(S) 1. Lopera - SOM (PDF) 2. Marozzi - SOM (PDF) 3. Rueda & Rivera - SOM (PDF) 4. Backup Docs SOM - Lopera (PDF) 5. Backup Docs SOM - Marcozzi (PDF) 6. Backup Docs SOM - Rueda & Rivera (PDF) 7. SAP $43,200 05.25.21 (PDF) 16.D.1 Packet Pg. 1262 05/25/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.1 Doc ID: 15637 Item Summary: Recommendation to approve and authorize the chairman to sign three (3) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $43,200 and the associated Budget Amendment. Meeting Date: 05/25/2021 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 04/16/2021 4:42 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 04/16/2021 4:42 PM Approved By: Review: Community & Human Services Lisa Carr CHS Review Skipped 04/16/2021 4:34 PM Community & Human Services Leslie Davis Additional Reviewer Completed 04/19/2021 9:59 AM Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 04/23/2021 10:45 AM Community & Human Services Maggie Lopez Additional Reviewer Completed 04/26/2021 8:10 AM Community & Human Services Jacob LaRow Additional Reviewer Completed 04/26/2021 8:13 AM Public Services Department Todd Henry Public Services Deapartment Completed 04/26/2021 12:06 PM Grants Erica Robinson Level 2 Grants Review Completed 04/26/2021 12:48 PM Growth Management Department James C French PSD Dept Head Review Completed 04/27/2021 10:00 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 05/12/2021 10:32 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/13/2021 8:49 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 05/13/2021 8:55 AM Grants Therese Stanley Additional Reviewer Completed 05/13/2021 12:20 PM Budget and Management Office Ed Finn Additional Reviewer Completed 05/15/2021 4:26 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 05/17/2021 9:12 AM Board of County Commissioners Geoffrey Willig Meeting Pending 05/25/2021 9:00 AM 16.D.1 Packet Pg. 1263 16.D.1.a Packet Pg. 1264 Attachment: Lopera - SOM (15637 : Satisfaction of Mortgages April 2021) 16.D.1.b Packet Pg. 1265 Attachment: Marozzi - SOM (15637 : Satisfaction of Mortgages April 2021) 16.D.1.c Packet Pg. 1266 Attachment: Rueda & Rivera - SOM (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1267 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1268 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1269 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1270 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1271 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1272 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.d Packet Pg. 1273 Attachment: Backup Docs SOM - Lopera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1274 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1275 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1276 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1277 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1278 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1279 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1280 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.e Packet Pg. 1281 Attachment: Backup Docs SOM - Marcozzi (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1282 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1283 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1284 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1285 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1286 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1287 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1288 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1289 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.f Packet Pg. 1290 Attachment: Backup Docs SOM - Rueda & Rivera (15637 : Satisfaction of Mortgages April 2021) 16.D.1.h Packet Pg. 1291 Attachment: SAP $43,200 05.25.21 (15637 : Satisfaction of Mortgages April 2021)