Agenda 10/14/2025 Item #16D 2 (6 Mortgage Satisfaction for the SHIP loan program)10/14/2025
Item # 16.D.2
ID# 2025-2791
Executive Summary
Recommendation to approve and authorize the Chair to sign six (6) mortgage satisfactions for the State Housing
Initiatives Partnership loan program in the amount of $162,500. (SHIP Grant Fund 1053)
OBJECTIVE: To provide affordable housing opportunities for low and moderate income residents through home
ownership and/or rehabilitation assistance programs funded by the State Housing Initiatives Partnership (SHIP) and
further the County’s strategic plan, Community Development in support of comprehensive affordable housing
opportunities.
CONSIDERATIONS: The State Housing Initiatives Partnership Program (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, or rehabilitation assistance to homeowners for
rehabilitation to their homesteaded property. As a condition of the loan, the homeowner must repay the assistance
provided upon sale before the end of the affordability term, refinance or loss of homestead exemption. If all conditions
of the loan are met, the loan is fully forgiven.
The following table provides details regarding the associated mortgages that have met the affordability period or were
paid off, therefore, satisfactions of mortgage are required. None of the properties listed in the following table had a
Countywide Impact Fee Agreement Lien.
File #
Name
Reason for
Payoff
Public Record
Mortgage or
Mortgage
Modification
Amount
Payment
Amount
SHIP
Impact Fee
Y/N
02-223 Manuel Zavala
and Carmen
Zavala
Affordability
period met
OR 3067
PG 1653
$5,000.00 $0.00 Y*
03-065 Odilon Lora
and Isabel
Lora
Affordability
period met
OR 3156
PG 0580
$2,500.00 $0.00 Y*
09-001 Evens Jean
Charles and
Joane Joseph
Jean Charles
Affordability
period met
OR 4497
PG 595
$50,000.00 $0.00 N
09-003 Rafael A.
Martinez and
Giovanna
Martinez
Affordability
period met
OR 4497
PG 616
$50,000.00 $0.00 N
09-005 Dina Antoine Affordability
period met
OR 4515
PG 1360
$50,000.00 $0.00 N
03-138 Vercius
Clement and
Marie J. Meris
Affordability
period met
OR 3295
PG 2267
$5,000.00 $0.00 Y*
Total $162,500.00 $0.00
*Property had SHIP Impact Fees which have been released
Page 3091 of 6526
10/14/2025
Item # 16.D.2
ID# 2025-2791
Approval of this item will authorize the Chairman to sign the aforementioned mortgage satisfactions and the executed
document shall be recorded in the Public Records of Collier County, Florida.
This item is consistent with the Collier County strategic plan objective Community Development in support of
comprehensive affordable housing opportunities.
FISCAL IMPACT: There is no fiscal impact. The $10 recording fee for the six satisfactions of mortgage will be paid
from the SHIP Grant Fund (1053), Project 33863.
GROWTH MANAGEMENT IMPACT: There is no growth management impact.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote for Board
approval. - CLD
RECOMMENDATIONS: To approve and authorize the Chair to sign six (6) mortgage satisfactions for the State
Housing Initiatives Partnership loan program in the amount of $162,500. (SHIP Grant Fund 1053)
PREPARED BY: Michelle Rubbo, Grants Support Specialist II, Community and Human Services Division
ATTACHMENTS:
1. 10.14.25 SHIP SOMS AFFORDABILITY CAO
2. 10.14.25 SHIP SOMS AFFORDABILITY BACKUP
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