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Agenda 07/13/2021 Item #16D12 (SHIP Mortgage Satisfaction)07/13/2021 EXECUTIVE SUMMARY Recommendation to approve and authorize the chairperson to sign one (1) mortgage satisfaction for the State Housing Initiatives Partnership loan program in the amount of $5,200 and authorize the associated Budget Amendment. (Net Fiscal Impact $5,200) 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 10-029 Osvaldo Ventura and Siomara J. Delamo Olavarrieta OR 4748/PG 674 $5,200 $5,200 Total $5,200 $5,200 Approval of this item will authorize the Chairperson to sign the aforementioned mortgage satisfaction and the executed document shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: The repaid amount of $5,200 satisfies the payoff. The repayment is considered program income and has been deposited in SHIP Grant Fund (791), Project 33686. Deposited funds will be used for SHIP eligible activities. The Budget Amendment recognizes $5,200 in program income, of which five percent (5%) will be used as Administrative funds. The recording fee of $10 has be en paid by the homeowners. 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 Chairperson to sign one (1) mortgage satisfaction for the State Housing Initiatives Partnership loan program in the amount of $5,200 and authorize the associated Budget Amendment. Prepared By: Maria C. Aldana, Grant Support Specialist, Community & Human Services Division ATTACHMENT(S) 1. SHIP SOM - Ventura & Delamo (PDF) 2. Backup Docs SOM - Ventura & Delamo (PDF) 3. SAP $5,200 07.13.21 (PDF) 16.D.12 Packet Pg. 1843 07/13/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.12 Doc ID: 16140 Item Summary: Recommendation to approve and authorize the chairperson to sign one (1) mortgage satisfaction for the State Housing Initiatives Partnership loan program in the amount of $5,200 and authorize the associated Budget Amendment. Meeting Date: 07/13/2021 Prepared by: Title: – Community & Human Services Name: Maria Aldana 06/03/2021 3:56 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 06/03/2021 3:56 PM Approved By: Review: Community & Human Services Kristi Sonntag CHS Review Completed 06/03/2021 4:48 PM Community & Human Services Leslie Davis Additional Reviewer Completed 06/04/2021 10:48 AM Community & Human Services Maggie Lopez Additional Reviewer Completed 06/07/2021 11:32 AM Community & Human Services Jacob LaRow Additional Reviewer Completed 06/08/2021 9:48 AM Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 06/12/2021 11:00 AM Community & Human Services Lisa Carr Additional Reviewer Completed 06/15/2021 8:45 AM Public Services Department Todd Henry Public Services Department Completed 06/15/2021 10:37 AM Grants Erica Robinson Level 2 Grants Review Completed 06/16/2021 2:36 PM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 06/17/2021 11:21 AM Public Services Department Dan Rodriguez PSD Department Head Completed 06/17/2021 1:58 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 06/18/2021 3:33 PM Grants Therese Stanley Additional Reviewer Completed 06/22/2021 10:15 AM Budget and Management Office Ed Finn Additional Reviewer Completed 06/22/2021 2:47 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/23/2021 2:44 PM County Manager's Office Sean Callahan Level 4 County Manager Review Completed 06/30/2021 8:22 AM Board of County Commissioners Geoffrey Willig Meeting Pending 07/13/2021 9:00 AM 16.D.12 Packet Pg. 1844 16.D.12.a Packet Pg. 1845 Attachment: SHIP SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1846 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1847 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1848 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1849 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1850 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1851 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1852 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1853 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.b Packet Pg. 1854 Attachment: Backup Docs SOM - Ventura & Delamo (16140 : SHIP SOM) 16.D.12.cPacket Pg. 1855Attachment: SAP $5,200 07.13.21 (16140 : SHIP SOM)