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Agenda 05/22/2018 Item #16D 505/22/2018 EXECUTIVE SUMMARY Recommendation to approve nine (9) mortgage satisfactions for the State Housing Initiatives Partnership (SHIP) Loan Program in the combined amount of $80,485.29. OBJECTIVE: To support the affordability of housing in Collier County through the utilization of SHIP funds for down payment and rehabilitation assistance. CONSIDERATIONS: The SHIP Program allows communities to design programs that provide housing assistance for down payment and closing costs for first-time homebuyers, emergency repairs to a newly acquired home, rehabilitation assistance to income-qualified homeowners, and other programs to address local housing needs. As a condition of receiving SHIP funding, the homeowner must repay the financial assistance upon sale, refinance, or loss of homestead exemption. The following table provides details regarding the associated mortgages that have been repaid or satisfied the requirements. File # Name Security Instrument Mortgage Amount Payoff Amount Public Record OR/PG 04-229 Quintana, Nelvis SHIP DPCC Mortgage $10,000 $10,000 3817/3749 11-112 Georges, Jalix SHIP DPCC Mortgage $20,000 $20,000 4925/2985 09-155 Serrano, Yolanda SHIP DPCC Mortgage $4,500 $4,500 4467/3278 09-055 Garcia, Marlon & Gissella SHIP DPCC Mortgage $3,000 $3,000 4406/3986 05-102 Keyes, Pamela M., Scott A. & Lisbeth B. SHIP DPCC Mortgage $38,100 $38,085.29* 4133/2074 00-141 Hernandez, Jose L & Escamilla, Rosa SHIP DPCC Mortgage $5,000 $2,500* 2637/2142 09-394 Perez, Yunior L. SHIP DPCC Mortgage $2,400 $2,400 4716/809 96-unknown DePauw, Anja SHIP DPCC Mortgage & Subordination Agreements $5,000 $0 (Met 20-year requirement) 2162/1647 2447/1314 & 3182/1314 96-087 Saint Hilaire, Clelie & LaRoche, Jesula SHIP DPCC Mortgage $2,500 $0 (Met 20-year requirement) 2151/0137 TOTAL $90,500 $80,485.29 Note- *The total amount stated on the mortgage was not dispersed to certain clients. As such, those certain property owners were required to pay the amount they received which is less than the amount stated on the mortgage. FISCAL IMPACT: The repaid amount of $80,485.29 satisfies the mortgage amount due to the recapture provision as noted above. These repayments are considered program income. $80,485.29 was deposited in SHIP Grant Fund (791), Project 33525. Deposited funds will be used for eligible SHIP activities. Six (6) recording fees of $10 have been paid by the homeowners, one (1) paid by Habitat for Humanity, and two 16.D.5 Packet Pg. 994 05/22/2018 (2) will have recording fees paid by SHIP administration. GROWTH MANAGEMENT IMPACT: The SHIP Program furthers the goals and objectives of the Housing Element of the Growth Management Plan. LEGAL CONSIDERATIONS: This Item is approved for form and legality and requires a majority vote for Board approval. - JAB RECOMMENDATION: To approve and authorize the Chairman to sign nine (9) mortgage satisfactions for owner-occupied affordable housing units for which repayment or term commitment was provided to Collier County. Prepared By: Susan Golden, Senior Housing and Grant Coordinator, Community and Human Services Division ATTACHMENT(S) 1. 9 Satisfactions of Mortgage with CAO Stamp (PDF) 2. 9-Second Mortgages-Subordination Agreements 52218 mtg (PDF) 3. SAP SHIP pay-off (XLSX) 16.D.5 Packet Pg. 995 05/22/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.5 Doc ID: 5512 Item Summary: Recommendation to approve nine (9) mortgage satisfactions for the State Housing Initiatives Partnership (SHIP) Loan Program in the combined amount of $80,485.29. Meeting Date: 05/22/2018 Prepared by: Title: – Community & Human Services Name: Susan Golden 04/30/2018 5:54 PM Submitted by: Title: Division Director - Cmnty & Human Svc – Public Services Department Name: Kimberley Grant 04/30/2018 5:54 PM Approved By: Review: Community & Human Services Leslie Davis Additional Reviewer Completed 05/01/2018 2:39 PM Public Services Department Kimberley Grant Additional Reviewer Completed 05/02/2018 12:56 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 05/02/2018 6:27 PM Community & Human Services Cormac Giblin Additional Reviewer Completed 05/04/2018 3:15 PM Operations & Veteran Services Sean Callahan Additional Reviewer Completed 05/07/2018 4:46 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 05/08/2018 8:14 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 05/08/2018 11:32 AM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 05/08/2018 3:29 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 05/08/2018 4:25 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/09/2018 10:56 AM Budget and Management Office Ed Finn Additional Reviewer Completed 05/11/2018 9:05 AM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 05/13/2018 8:57 PM Board of County Commissioners MaryJo Brock Meeting Pending 05/22/2018 9:00 AM 16.D.5 Packet Pg. 996 16.D.5.a Packet Pg. 997 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 998 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 999 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 1000 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 1001 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 1002 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 1003 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 1004 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.a Packet Pg. 1005 Attachment: 9 Satisfactions of Mortgage with CAO Stamp (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1006 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1007 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1008 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1009 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1010 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1011 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1012 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1013 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1014 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1015 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1016 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1017 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1018 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1019 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1020 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1021 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1022 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1023 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1024 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1025 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1026 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1027 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1028 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1029 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1030 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1031 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1032 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1033 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1034 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1035 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1036 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1037 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1038 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1039 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) 16.D.5.b Packet Pg. 1040 Attachment: 9-Second Mortgages-Subordination Agreements 52218 mtg (5512 : Satisfaction of Mortgage) Fund WBS Element Cost Element Posting Date Val/COArea Crcy Name Ref Document Number Document Header TextCost element name 791 33525.1 369600 10/24/2017 -2,500.00 SHIP PAYOFF JOSE HERNANDEZ & ROSA ESCAMILLA 00-144 100902144 CHS GRANT PROGRAM INCOME 791 33525.1 369600 11/14/2017 -4,500.00 SHIP PAYOFF #09-155 YOLANDA SERRANO 100905299 CHS GRANT PROGRAM INCOME 791 33525.1 369600 11/14/2017 -2,400.00 SHIP PAYOFF #09-394 YUNIOR PEREZ 100905299 CHS GRANT PROGRAM INCOME 791 33525.1 369600 11/14/2017 -38,085.29 SHIP PAYOFF #05-102 KEYES, PAMELA, SCOTT, LIZBETH 100905299 CHS GRANT PROGRAM INCOME 791 33525.1 369600 10/2/2017 -3,000.00 SHIP PAY OFF #09-055 MARLON GARCIA 100898190 CHS GRANT PROGRAM INCOME 791 33525.1 369600 8/30/2017 -10,000.00 SHIP PAYOFF QUINTANA, NELVIS #04-229 100893027 CHS GRANT PROGRAM INCOME 791 33525.1 369600 10/31/2017 -20,000.00 SHIP PAYOFF GAORGES, JALIZ #11-112 100903315 CHS GRANT PROGRAM INCOME 369600 -80,485.29 16.D.5.c Packet Pg. 1041 Attachment: SAP SHIP pay-off (5512 : Satisfaction of Mortgage)