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Agenda 02/24/2026 Item #16D 3 (Twenty-two Mortgage Satisfactions for the SHIP Program and approve a Budget Amendment in revenue from loan payoffs)2/24/2026 Item # 16.D.3 ID# 2026-222 Executive Summary Recommendation to approve and authorize the Chair to sign twenty-two mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $137,950.00 and to approve a Budget Amendment to recognize $27,950.00 in revenue from loan payoffs. (SHIP Grant Fund 1053) OBJECTIVE: To advance the County’s strategic goal of Community Development by expanding affordable housing opportunities for low- and moderate-income residents through homeownership and rehabilitation programs funded by the State Housing Initiatives Partnership. 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 04-002 Andree Achim Affordability period met OR 3418 PG 0291 $7,500.00 $0.00 N 04-005 Yolanda Herrera Affordability period met OR 3402 PG 1915 $2,500.00 $0.00 Y* 04-009 Juana Benitez Affordability period met OR 3479 PG 0438 $5,000.00 $0.00 Y* 04-010 Robert Ulysse and Celaine Joseph Affordability period met OR 3391 PG 2091 $2,500.00 $0.00 Y* 04-042 Andre Dor and Mireille Cantave Dor Affordability period met OR 3436 PG 0386 $7,500.00 $0.00 N 04-045 Felipe C. Lopez and Luisa C. Cruz Affordability period met OR 3466 PG 2204 $5,000.00 $0.00 Y* 04-046 Lubin Villa and Therese Villa Affordability period met OR 3476 PG 0704 OR 3499 PG 0008 $2,500.00 $0.00 Y* Page 1264 of 3023 2/24/2026 Item # 16.D.3 ID# 2026-222 04-049 Richard Torres and Joe-Ann M. Torres Affordability period met OR 3456 PG 1888 $5,000.00 $0.00 N 04-050 Tamre L. Church Affordability period met OR 3463 PG 1024 $5,000.00 $0.00 N 04-051 Jorge Rosas and Maria J. Rosas Affordability period met OR 3484 PG 1836 $5,000.00 $0.00 Y* 04-052 Jean E. Paul a/k/a Jean Edzer Paul and Marie G. Paul Affordability period met OR 3450 PG 0297 $2,500.00 $0.00 Y* 04-054 Edras Foreste and Elaine Albert Affordability period met OR 3474 PG 1944 $5,000.00 $0.00 Y* 04-062 Mary Alice Williams Affordability period met OR 3484 PG 1716 $5,000.00 $0.00 Y* 04-068 Flora E. Alvarado Affordability period met OR 3484 PG 1547 $5,000.00 $0.00 Y* 04-070 Javier M. Marino and Maria I. Moreno Affordability period met OR 3507 PG 1258 $5,000.00 $0.00 Y* 04-077 Laceance Andre and Elianette Andre Affordability period met OR 3602 PG 3256 $5,000.00 $0.00 Y* 04-080 Jean Pilius and Gizele Lemour Affordability period met OR 3515 PG 3480 $2,500.00 $0.00 Y* 04-085 Jones Napolean and Murlande Napolean Affordability period met OR 3602 PG 3529 $5,000.00 $0.00 Y* 04-090 Wilimyne Camille Affordability period met OR 3610 PG 0053 $5,000.00 $0.00 Y* 06-012R Eva Mae Edison and Glendell Edison Affordability period met OR 4231 PG 2614 $15,000.00 $0.00 Y* 02-135 Gonzalo Abreu and Belkis Martin Affordability period met OR 2994 PG 898 $5,000.00 $0.00 Y* Page 1265 of 3023 2/24/2026 Item # 16.D.3 ID# 2026-222 07-109 Joseph Gutierrez and Shannon Gutierrez Property Sold OR 4315 PG 4108 $30,450.00 $27,950.00** N Total $137,950.00 $27,950.00 *Property had SHIP Impact Fees, which have been released. **The total amount stated on the mortgage was not disbursed to the client. The property owner is required to pay the amount they received, which is less than the amount on the mortgage. Approval of this item will authorize the Chair 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 to support comprehensive affordable housing opportunities. FISCAL IMPACT: A Budget Amendment is attached to recognize $27,950.00 in revenue from loan payoffs to SHIP Fund (1053) Project 33938. The $10 recording fee for the property that was sold was paid by the homeowner, and the $10.00 recording fees for the other satisfactions of mortgage will be paid from the SHIP Grant Fund (1053), Project 33907. 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. —SRT RECOMMENDATION(S): To approve and authorize the Chair to sign twenty-two mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $137,950.00 and to approve a Budget Amendment to recognize $27,950.00 in revenue from loan payoffs. (SHIP Grant Fund 1053) PREPARED BY: Michelle Rubbo, Grants Support Specialist II, Community and Human Services Division ATTACHMENTS: 1. 2.24.26 SHIP SOMS AFFORDABILITY_STAMPED 2. 2.24.26 SHIP SOMS BACKUP 3. 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