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Agenda 03/22/2022 Item #16D1 (Two Satisfactions of Mortgage - SHIP & HOME Programs)03/22/2022 EXECUTIVE SUMMARY Recommendation to approve and authorize the chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership (SHIP) loan program and HOME Investment Partnerships Program (HOME) in the amount of $23,638.04 and approve the associated Budget Amendments to appropriate repayment amount totaling $23,638.04. (SHIP Grant Fund 791 and Housing Grant Fund 705) OBJECTIVE: To support the affordability of housing through the 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. Pursuant to Section 420.9075(1), Florida Statutes, the SHIP program may provide the local matching share of federal affordable housing grants or programs as a non-Federal matching contribution. 24 CFR 92.503(c) requires that any SHIP monies used to match Federal HOME program monies be repaid to the HOME program fund and are considered program income under the HOME program. The following table details a SHIP loan for which repayment has been provided to Collier County. The $11,514.12 loan was used as a HOME match contribution. The term of the loan is fifteen (15) years and every five (5) years 1/3 of the loan is forgiven. It has been thirteen (13) years since the mortgage has been granted. Therefore 2/3 of the mortgage should be forgiven, and accordingly repayment of $3,338.04 will be made to the HOME Investment Trust Fund and a SHIP mortgage in the amount of $19,800 that has been repaid in full. As such, satisfactions of mortgage are required. No payment is required as long as the homeowner does not sell, refinanc e, or lose their Homestead Exemption. File # Name Reason for Payoff Public Record Mortgage Amount Payoff Amount 08- 153 Juan Rojas and Omayda Gonzalez Sold Home OR BK 4397/PG 3897 Recorded on 10/02/2008 $19,800 $19,800 09- 008R Elia Santiago Sold Home OR BK: 4423/PG 1595 Recorded on: 01/28/2009 OR BK 4435/3031 Recorded on 03/17/2009 $11,514.12 $3,838.04 Total $31,314.12 $23,638.04 FISCAL IMPACT: The repaid amount of $23,638.04 satisfies the payoff. These repayments are considered program income. $19,800 has been deposited in SHIP Grant Fund (791), Project 33759. $3,838.04 has been deposited into Housing Grants Fund (705), Project 33762. Deposited funds will be used for SHIP and HOME eligible activities. The $10 recording fees for Santiago and Rojas have been paid by the homeowners. 16.D.1 Packet Pg. 629 03/22/2022 GROWTH MANAGEMENT IMPACT: There is no Growth Management impact. LEGAL CONSIDERATIONS: This item is approved for form and legality and required a majority vote for Board approval. - JAB RECOMMENDATION: To approve and authorize the chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership (SHIP) loan program and HOME Investment Partnerships Program (HOME) in the amount of $23,638.04 and approve the associated Budget Amendments to appropriate repayment amount totaling $23,638.04. (SHIP Grant Fund 791 and Housing Grant Fund 705) Prepared By: Karina Bardales, Grants Support Specialist, Community and Human Services Division ATTACHMENT(S) 1. Backup Docs Rojas (PDF) 2. Backup Docs Santiago (PDF) 3. SOM (PDF) 4. SAP $23,638.04 (PDF) 16.D.1 Packet Pg. 630 03/22/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.1 Doc ID: 21294 Item Summary: Recommendation to approve and authorize the chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership (SHIP) loan program and HOME Investment Partnerships Program (HOME) in the amount of $23,638.04 and approve the associated Budget Amendments to appropriate repayment amount totaling $23,638.04. (SHIP Grant Fund 791 and Housing Grant Fund 705) Meeting Date: 03/22/2022 Prepared by: Title: – Community & Human Services Name: Karina Bardales 02/09/2022 10:30 AM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 02/09/2022 10:30 AM Approved By: Review: Community & Human Services Lisa Carr Additional Reviewer Completed 02/14/2022 3:15 PM Community & Human Services Kristi Sonntag CHS Review Completed 02/15/2022 3:52 PM Community & Human Services Jacob LaRow Additional Reviewer Completed 02/17/2022 8:19 AM Communications, Government, and Public Affairs Lisa Weinmann Additional Reviewer Completed 02/22/2022 9:28 AM Community & Human Services Blanca Aquino Luque Additional Reviewer Completed 02/22/2022 9:50 AM Community & Human Services Maggie Lopez Additional Reviewer Completed 02/22/2022 10:15 AM Capital Project Planning, Impact Fees, and Program Management Gino Santabarbara Additional Reviewer Completed 02/22/2022 11:04 AM Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 02/22/2022 11:16 AM Public Services Department Todd Henry PSD Level 1 Reviewer Completed 02/22/2022 11:52 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 02/22/2022 1:44 PM Public Services Department Tanya Williams PSD Department Head Review Completed 02/23/2022 9:46 AM Grants Erica Robinson Level 2 Grants Review Completed 02/24/2022 12:33 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 02/24/2022 12:58 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 02/25/2022 9:31 AM Grants Therese Stanley Additional Reviewer Completed 03/03/2022 11:26 AM 16.D.1 Packet Pg. 631 03/22/2022 Growth Management Operations Support Christopher Johnson Additional Reviewer Completed 03/04/2022 7:34 AM County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 03/08/2022 4:54 PM Board of County Commissioners Geoffrey Willig Meeting Pending 03/22/2022 9:00 AM 16.D.1 Packet Pg. 632 16.D.1.a Packet Pg. 633 Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) 16.D.1.aPacket Pg. 634Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) 16.D.1.a Packet Pg. 635 Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction 16.D.1.aPacket Pg. 636Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) 16.D.1.aPacket Pg. 637Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) 16.D.1.aPacket Pg. 638Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) 16.D.1.aPacket Pg. 639Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) From:CarrLisa To:AldanaMaria Cc:eabazi@mvmgrp.com Subject:FW: Second Mortgage - Juan Rojas Date:Tuesday, June 29, 2021 4:40:21 PM Attachments:Second Mortgage.pdf Promissory Note.pdf image001.png Maria, Please read below and provide a payoff. Thank you. Respectfully, Lisa N. Carr Senior Grants Coordinator Community and Human Services Division Collier County Government 3339 East Tamiami Trail, Building H., Suite 211, Naples, FL 34112 Phone: 239-252-2339 lisa.carr@colliercountyfl.gov Making our Community Stronger: One life, one home, one project at a time. To improve our services and technical assistance to our clients, vendors, or subrecipients, we ask that you provide us feedback on our services to your organization by completing a short survey contain at the following links: SHIP CLIENTS: Click here to take our survey. INTERNAL PARTNERS: Click here to take our survey. From: Erlis Abazi <eabazi@mvmgrp.com> Sent: Tuesday, June 29, 2021 4:35 PM To: CarrLisa <Lisa.Carr@colliercountyfl.gov> Subject: Second Mortgage - Juan Rojas EXTERNAL EMAIL: This email is from an external source. Confirm this is a trusted sender and use extreme caution when opening attachments or clicking links. Hi Lisa, Welcome back! Hope you had a great vacation. I know that you may be swamped trying to catch up with emails and voicemails but when time permits, can you please let me know if this loan has been forgiven? If not can you please email me the payoff amount? Thank you -- Erlis Abazi 16.D.1.a Packet Pg. 640 Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) Loan Originator Outside Sales | NMLS 1915163 P: (239) 354‑7121 | F: (239) 354‑7121 cardinalfinancial.com Apply Now Cardinal Financial Company, Limited Partnership | NMLS 66247 | 3435 Pine Ridge Rd, Ste 101, Naples, FL 34109 This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. Please notify the sender immediately by email if you have received this email by mistake and delete this email from your system. If you are not the intended recipient, you are notified that disclosing, copying, distributing, or taking any action in reliance on the contents of this information is strictly prohibited. Under Florida Law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact his office by telephone or in writing. 16.D.1.a Packet Pg. 641 Attachment: Backup Docs Rojas (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 642 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.bPacket Pg. 643Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 644 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 645 Attachment: Backup Docs Santiago (21294 : SHIP 16.D.1.b Packet Pg. 646 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 647 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 648 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 649 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 650 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 651 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 652 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 653 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.b Packet Pg. 654 Attachment: Backup Docs Santiago (21294 : SHIP Satisfaction of Mortgage) 16.D.1.e Packet Pg. 655 Attachment: SOM (21294 : SHIP Satisfaction of Mortgage) 16.D.1.e Packet Pg. 656 Attachment: SOM (21294 : SHIP Satisfaction of Mortgage) 16.D.1.f Packet Pg. 657 Attachment: SAP $23,638.04 (21294 : SHIP Satisfaction of Mortgage)