Agenda 11/13/2018 Item #16D1311/13/2018
EXECUTIVE SUMMARY
Recommendation to approve one (1) satisfaction of mortgage for the State Housing Initiatives
Partnership (SHIP) Loan Program, with HOME Match, for payment in the amount of $5,400.
OBJECTIVE: To support the affordability of housing through the SHIP down payment and
emergency repair, and/or rehabilitation assistance programs.
CONSIDERATIONS: SHIP, a state affordable housing program, offers assistance to first time
homebuyers for use toward a portion of the required down payment for a newly acquired home. As a
condition of award, the homeowner must repay the assistance provided upon sale, refinance or loss of
homestead exemption.
Pursuant to Section 420.9075(1)(b)3, Florida Statutes, the SHIP Program may provide the local
matching share of federal affordable housing grants or programs as a non-Federal matching
contribution. 24 CFR 92.503(c) requires that any SHIP monies used to match the federal HOME
Program monies be repaid to the HOME Program fund and are considered program income under the
HOME Program.
The following table details a SHIP loan for which repayment has been provided to Collier County.
This loan was used as a HOME match contribution; therefore, repayment will be made to the HOME
Investment Trust Fund.
File # Recipient
Name
Security
Instrument
Mortgage
Amount
Payoff
Amount
Public Record
09-090 Jay,
Michelle S.
SHIP Third
Mortgage
$5,400 $5,400 OR BK: 4432, PG:2297
Recorded on: 03/04/2009
Total $5,400 $5,400
FISCAL IMPACT: The repaid amount of $5,400 has been deposited in the Urban Improvement
Grant (705), Project 33581. These funds may be reused for eligible HOME Program activities. The
$10 recording fee was paid by the homeowner.
GROWTH MANAGEMENT IMPACT: Funding from the SHIP and HOME programs assists the
County in meeting some of 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 action. -JAB
RECOMMENDATION: To approve and authorize the Chairman to sign one (1) satisfaction of
mortgage for the SHIP Program, with HOME Match, where repayment has been made to Collier
County.
Prepared By: Susan Golden, Sr. Grants and Housing Coordinator, Community & Human Services
Division
ATTACHMENT(S)
1. Original mortgage Michelle Jay (PDF)
2. SAP back-up SOM $5400 HOME (PDF)
3. Satisfaction of Mortgage Jay CAO Stamped (PDF)
16.D.13
Packet Pg. 1786
11/13/2018
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.13
Doc ID: 7124
Item Summary: Recommendation to approve one (1) satisfaction of mortgage for the State
Housing Initiatives Partnership (SHIP) Loan Program, with HOME Match, for payment in the amount of
$5,400.
Meeting Date: 11/13/2018
Prepared by:
Title: – Community & Human Services
Name: Susan Golden
10/22/2018 11:50 AM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
10/22/2018 11:50 AM
Approved By:
Review:
Community & Human Services Leslie Davis Additional Reviewer Completed 10/22/2018 12:10 PM
Community & Human Services Cormac Giblin Additional Reviewer Completed 10/23/2018 11:25 AM
Community & Human Services Maggie Lopez Additional Reviewer Completed 10/23/2018 11:58 AM
Community & Human Services Kristi Sonntag CHS Review Completed 10/23/2018 2:44 PM
Public Services Department Kimberley Grant Level 1 Reviewer Completed 10/24/2018 10:48 AM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 10/24/2018 12:02 PM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 10/24/2018 1:17 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 10/25/2018 2:27 PM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 10/26/2018 8:13 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 10/26/2018 8:37 AM
County Attorney's Office Emily Pepin CAO Preview Completed 10/26/2018 8:46 AM
Budget and Management Office Ed Finn Additional Reviewer Completed 10/29/2018 3:00 PM
County Manager's Office Heather Yilmaz Level 4 County Manager Review Completed 11/01/2018 3:12 PM
Board of County Commissioners MaryJo Brock Meeting Pending 11/13/2018 9:00 AM
16.D.13
Packet Pg. 1787
16.D.13.a
Packet Pg. 1788 Attachment: Original mortgage Michelle Jay (7124 : Satisfaction of a SHIP-HOME Match Mortgage)
16.D.13.a
Packet Pg. 1789 Attachment: Original mortgage Michelle Jay (7124 : Satisfaction of a SHIP-HOME Match Mortgage)
16.D.13.a
Packet Pg. 1790 Attachment: Original mortgage Michelle Jay (7124 : Satisfaction of a SHIP-HOME Match Mortgage)
16.D.13.b
Packet Pg. 1791 Attachment: SAP back-up SOM $5400 HOME (7124 : Satisfaction of a SHIP-HOME Match Mortgage)
16.D.13.cPacket Pg. 1792Attachment: Satisfaction of Mortgage Jay CAO Stamped (7124 : Satisfaction of a SHIP-HOME Match Mortgage)