Agenda 11/12/2024 Item #16D 2 (Chairman to sign two Mortgage of Satifications for Shelter for Abused Womanand Children and Collier County Housing Authority)11/12/2024
Item # 16.D.2
ID# 2024-1552
Executive Summary
Recommendation to authorize the Chairman to sign two mortgage satisfactions for the Shelter for Abused Women and
Children and the Collier County Housing Authority as both entities have paid in full and met all obligations under the
State Housing Initiatives Partnership Program. (SHIP Grant Fund 1053).
OBJECTIVE: To support comprehensive affordable housing opportunities for low- to moderate-income individuals
and align with the County's strategic initiative for Community Development."
CONSIDERATIONS: On July 7, 1992, the Florida legislature enacted the William E. Sadowski Affordable Housing
Act to provide additional funding to local communities to promote and advance affordable housing initiatives. Funds are
generated through documentary stamp tax on real estate transactions. Under the SHIP Program, Collier County and the
City of Naples receive funds from the State of Florida through the Florida Housing Finance Corporation to undertake
eligible homeownership and rental-related activities.
On August 28, 2024, (Agenda Item #16D7), the Board of County Commissioners recognized the State Housing
Initiative Partnership (SHIP) Program Loan Payment program income in the amount of $251,036.50, which included
funds received from the Collier County Housing Authority (CCHA) in the amount of $13,408 and as well as from
Shelter for Abused Women & Children (SAWCC) in the amount of $9,000. Both of these payments caused both loans to
be repaid in full, and the mortgagors have satisfied their obligations.
The SHIP loans to CCHA & SAWCC required both agencies to make yearly principal payments for the required term of
the loan. Details of the payments are attached for the Board’s review and summarized below.
CCHA had deferred payments for three years and then made sixteen annual payments of $13,412 and one final payment
in the amount of $13,408.
SAWCC had deferred payment for three (3) years and required payments for ten years at $18,000 a year. The Shelter
modified the mortgage term on June 28, 2004, from ten (10) to twenty (20) years with an annual payment amount of
$9,000 a year for the loan term.
The funds will be used to implement SHIP strategies and provide administrative support as identified in Fiscal Year
2022-2025 Local Housing Assistance Plan (LHAP), as last amended on July 23, 2024 (Item 16.D.3).
FISCAL IMPACT: A Budget Amendment recognized the $22,408 in program income on August 27, 2024, Item 16D7.
The final loan payments from the Housing Authority and the Shelter for Abused Women and Children satisfies the
payoff amount. Funds are available in SHIP Grant Fund (1053), Project 33863. The proposed action does not have an
impact on the General Fund.
GROWTH MANAGEMENT IMPACT: Acceptance of these funds will allow the County to expand affordable
housing opportunities for its citizens and further the goals of the Housing Element of the Collier County Growth
Management Plan.
LEGAL CONSIDERATIONS: This item has been approved for form and legality and requires a majority vote for
Board approval. - CJS
RECOMMENDATIONS: Recommendation to authorize the Chairman to sign two mortgage satisfactions for the
Shelter for Abused Women and Children and the Collier County Housing Authority as both entities have paid in full and
met all obligations under the State Housing Initiatives Partnership Program. (SHIP Grant Fund 1053).
PREPARED BY: Prepared By: Wendy Klopf, Grants Coordinator I, Community and Human Services Division
Page 2979 of 5419
11/12/2024
Item # 16.D.2
ID# 2024-1552
ATTACHMENTS:
1. SOM CCHA-CAO
2. SOM SAWCC-CAO
3. CCHA SHIP LOAN MORTGAGE HORIZON VILLAGE 08.01.2004
4. SAWCC SHIP LOAN MORTGAGE 11.01.2001
5. SAWCC SHIP LOAN MORTGAGE MODIFICATION 07.01.2004
6. SHIP Accounts Receivable Spreadsheet-CCHA
7. SHIP Accounts Receivable Spreadsheet-SAWCC
8. SAP Detail 33863 Program Income
Page 2980 of 5419
Page 2981 of 5419
Page 2982 of 5419
Page 2983 of 5419
Page 2984 of 5419
Page 2985 of 5419
Page 2986 of 5419
Page 2987 of 5419
Page 2988 of 5419
Page 2989 of 5419
Page 2990 of 5419
Page 2991 of 5419
Page 2992 of 5419
Page 2993 of 5419
Fund WBS element Cost Element Cost element name Document
Type
Document Number Ref.
document
number
Name Document Header Text Posting Date Val/COArea Crcy
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0007ORF00 101308405 07/23 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 7/31/2023 -15,546.68
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0007ORP00 101308410 08/23 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 8/31/2023 -15,103.01
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0007UZY00 101312086 BALANCE GRANTS BALANCE GRANTS (1053)9/30/2023 30,649.69
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0007V6J00 101312177 BALANCE GRANTS ACCREV 9/30/2023 -30,649.69
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0007Y2F00 101313845 09/23 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 9/30/2023 -15,457.38
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A00088BI00 101320386 10/23 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 10/31/2023 -17,246.27
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0008HM500 101326181 11/23 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 11/30/2023 -20,932.86
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0008S5F00 101333156 12/23 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 12/31/2023 -24,295.53
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0008YND00 101336824 01/24 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 1/31/2024 -25,150.18
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0009GLJ00 101347545 02/24 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 2/29/2024 -28,965.12
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0009HSM00 101348106 03/24 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 3/31/2024 -31,848.56
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0009PLZ00 101352845 04/24 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 4/30/2024 -31,426.08
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A0009ZFI00 101358845 05/24 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 5/30/2024 -30,346.41
1053000000 33863.1 361170 OVERNIGHT INTEREST SA A000A8XX00 101364948 06/24 First Foundation Bank / SBA / FLCLASS / FL P First Foundation Bank / S 6/30/2024 -27,690.58
33863.1 361170 -284,008.66
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0007ORG00 101308406 07/31/23 Custodial Interest Custodial Interest 7/31/2023 -717.38
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0007ORR00 101308411 08/31/23 Custodial Interest Custodial Interest 8/31/2023 -1,258.13
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0007UZY00 101312086 BALANCE GRANTS BALANCE GRANTS (1053)9/30/2023 1,975.51
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0007V6J00 101312177 BALANCE GRANTS ACCREV 9/30/2023 -1,975.51
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0007Y4800 101313844 09/30/23 Custodial Interest Custodial Interest 9/30/2023 -5,219.03
1053000000 33863.1 361180 INVESTMENT INTEREST SA A00088BJ00 101320387 10/31/23 Custodial Interest Custodial Interest 10/31/2023 -5,265.54
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0008HM700 101326233 11/30/23 Custodial Interest Custodial Interest 11/30/2023 -6,892.57
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0008S5D00 101333144 12/31/23 Custodial Interest Custodial Interest 12/31/2023 -2,168.29
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0008YNE00 101336825 01/31/24 Custodial Interest Custodial Interest 1/31/2024 -9,510.46
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0009GLC00 101347544 02/29/24 Custodial Interest Custodial Interest 2/29/2024 -2,187.65
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0009H1R00 101347776 02/29/24 Custodial Interest - Adjustment Custodial Interest - Adju 2/29/2024 149.47
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0009H3V00 101347943 03/31/24 Custodial Interest Custodial Interest 3/31/2024 -8,856.64
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0009PU700 101352863 04/30/24 Custodial Interest Custodial Interest 4/30/2024 -12,887.83
1053000000 33863.1 361180 INVESTMENT INTEREST SA A0009ZHT00 101358833 05/31/24 Custodial Interest Custodial Interest 5/30/2024 -11,235.76
1053000000 33863.1 361180 INVESTMENT INTEREST SA A000A8YE00 101364952 06/30/24 Custodial Interest Custodial Interest 6/30/2024 -14,289.23
33863.1 361180 -80,339.04
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0007PTP00 101308627 SHIP Loan - Henry Delie - File #17-011MH CHS 9/11/2023 -50,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0008FPU00 101324748 Jean Zamora SHIP loan payoff 11-079 chk #670 CHS 11/29/2023 -20,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0008JPX00 101327831 SHIP Payoff - M Rodriguez File #14-022 CHS 12/4/2023 -30,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0008SU500 101333468 SHIP Loan - Jacqueline Mines File# 14-003 CHS 1/10/2024 -25,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0008XAS00 101335709 SHIP Payoff - Diana Orozco File# 11-058 CHS 1/11/2024 -20,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A00093FH00 101339443 SHIP Payoff - Maria Rivera File# 08-146 CHS 2/8/2024 -24,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0009IT600 101349049 SHIP Payoff - JEAN PAUL, Marie File #09-248 CHS 4/19/2024 -3,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0009MYW00 101351396 SHIP Payoff - Cenedella,Mary File#11-110 Ck110197 CHS 4/22/2024 -20,000.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A0009X7Y00 101358071 SHIP Payoff -PRUITT,Janine File#08-126 Ck502010337 CHS 5/2/2024 -20,700.00
1053000000 33863.1 369600 GRANT PROGRAM INCOMRC A000A56400 101362729 SHIP Payoff - COX, Danny File#20-003R Chk 180513 CHS 6/25/2024 -15,928.50
33863.1 369600 -228,628.50
1053000000 33863.1 369601 SHIP LOAN PAYMENTS RC A0007PDK00 CHS 9/1/2023 -13,408.00
1053000000 33863.1 369601 SHIP LOAN PAYMENTS RC A0007U7E00
101308477 SHIP 3636/4167 Collier County Housing Authority
101311839 SHIP - 3598/1200 SAWC Final CHS 9/1/2023 -9,000.00
33863.1 369601 -22,408.00
33863.1
$228,628.50
22,408.00
$251,036.50
Page 2994 of 5419