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Agenda 05/24/2022 Item #16D 4 (2 Satisfactions of Mortgage w/SHIP)05/24/2022 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $22,500, and approve the associated Budget Amendment to appropriate repayment amount totaling $22,500. (SHIP Grant Fund 791) 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 home buyers 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 in full. As such, satisfactions of mortgage are required. File # Name Reason for Payoff Public Record Mortgage Amount Payoff Amount 04-130 Jose Luis Lora Sold home OR 3594/ PG 1706 $2,500 $2,500 11-082 Ibrahin Quintana Boza and Zaida Maria Cobas Cordoves Refinanced OR 4883/PG 167 OR 4937/PG 2508 $20,000 $20,000 Total $22,500 $22,500 Approval of these items will authorize the Chairperson to sign the aforementioned mortgage satisfactions and the executed documents shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: The repaid amount of $22,500 satisfies the payoff amount. This repayment is considered program income and has been deposited in SHIP Grant Fund (791), Project 33759. Deposited funds will be used for SHIP eligible activities. The Budget Amendment recognizes $22,500 in program income, of which five percent (5%) will be used as administrative funds. A recording fee of $10 has been paid by homeowners Lora and Quintana Boza/Cobas Cordoves. LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote for Board approval. -DDP GROWTH MANAGEMENT IMPACT: There is no Growth Management impact. RECOMMENDATION: To approve and authorize the Chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $22,500, and approve the associated Budget Amendment to appropriate repayment amount totaling $22,500. Prepared By: Karina Bardales, Grants Support Specialist, Community & Human Services Division 16.D.4 Packet Pg. 1201 05/24/2022 ATTACHMENT(S) 1. Backup Docs-Lora (PDF) 2. Backup Docs-Quintana (PDF) 3. SHIP SOM (PDF) 4. SAP $22500 (PDF) 16.D.4 Packet Pg. 1202 05/24/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.4 Doc ID: 21906 Item Summary: Recommendation to approve and authorize the Chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $22,500, and approve the associated Budget Amendment to appropriate repayment amount totaling $22,500. (SHIP Grant Fund 791) Meeting Date: 05/24/2022 Prepared by: Title: – Community & Human Services Name: Karina Bardales 04/08/2022 3:00 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 04/08/2022 3:00 PM Approved By: Review: Community & Human Services Kristi Sonntag CHS Review Completed 04/08/2022 3:46 PM Communications, Government, and Public Affairs Lisa Weinmann Additional Reviewer Completed 04/12/2022 4:41 PM Community & Human Services Jacob LaRow Additional Reviewer Completed 04/12/2022 6:08 PM Capital Project Planning, Impact Fees, and Program Management Gino Santabarbara Additional Reviewer Completed 04/13/2022 8:38 AM Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 04/18/2022 11:32 AM Community & Human Services Lisa Carr Additional Reviewer Completed 04/18/2022 1:36 PM Community & Human Services Blanca Aquino Luque Additional Reviewer Completed 04/19/2022 2:55 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 04/25/2022 10:25 AM Public Services Department Todd Henry PSD Level 1 Reviewer Completed 04/27/2022 9:04 AM Public Services Department Tanya Williams PSD Department Head Review Completed 04/27/2022 10:41 AM Grants Erica Robinson Level 2 Grants Review Completed 04/29/2022 7:46 AM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 05/05/2022 1:06 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 05/05/2022 1:22 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/05/2022 2:59 PM Grants Therese Stanley Additional Reviewer Completed 05/09/2022 11:03 AM Growth Management Operations Support Christopher Johnson Additional Reviewer Completed 05/12/2022 8:32 AM 16.D.4 Packet Pg. 1203 05/24/2022 County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 05/12/2022 8:55 AM Board of County Commissioners Geoffrey Willig Meeting Pending 05/24/2022 9:00 AM 16.D.4 Packet Pg. 1204 16.D.4.a Packet Pg. 1205 Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1206Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of 16.D.4.a Packet Pg. 1207 Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.a Packet Pg. 1208 Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.a Packet Pg. 1209 Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1210Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1211Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1212Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1213Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1214Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.aPacket Pg. 1215Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) 16.D.4.a Packet Pg. 1216 Attachment: Backup Docs-Lora (21906 : SHIP Satisfaction of Mortgage) March 25, 2022 Shalonda Frye Rocket Mortgage 1050 Woodward Ave. Detroit, MI 48226-1906 Re: Payoff Letter-Ibrahin Quintana Boza and Zeida Maria Cobas Cordoves 4286 22nd Ave. SW Naples , FL 34116 File #11-082 Mortgage Type Date Recorded OR Book/Page Amount Collier Count SHIP Second Mortgage 02/05/2013 OR4883/PG 167 $20,000.00 Recording Fee $10.00 Total Amount Due $20,010.00 No payment will be required until the property is sold, transferred, refinanced, no longer Homesteaded, or is no longer the primary residence of the homebuyer. At that time the balance of the loan is due and payable. Payment should be made to “Collier County Board of County Commissioners” and delivered to: Community & Human Services Division Attn: SHIP Payoff 3339 E. Tamiami Trail, Suite 211 Naples, FL 34112 Sincerely, Karina Bardales Karina Bardales Grants Support Specialist Community and Human Services Making Our Community Stronger; One life, One Home, One Project a Time Karina.bardales@colliercountyfl.gov 16.D.4.b Packet Pg. 1217 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1218 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1219 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1220 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1221 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1222 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1223 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1224 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1225 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1226 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1227 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1228 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1229 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1230 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1231 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.b Packet Pg. 1232 Attachment: Backup Docs-Quintana (21906 : SHIP Satisfaction of Mortgage) 16.D.4.cPacket Pg. 1233Attachment: SHIP SOM (21906 : SHIP Satisfaction of Mortgage) 16.D.4.c Packet Pg. 1234 Attachment: SHIP SOM (21906 : SHIP Satisfaction of Mortgage) 16.D.4.d Packet Pg. 1235 Attachment: SAP $22500 (21906 : SHIP Satisfaction of Mortgage)