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Agenda 10/08/2019 Item #16D 3 (Satisfactions of Mortgage)10/08/2019 EXECUTIVE SUMMARY Recommendation to approve two (2) Satisfactions of Mortgage in the combined amount of $40,000 of owner-occupied dwelling units that have satisfied the terms of their affordability period. OBJECTIVE: To support the affordability of housing in Collier County through the Community Development Block Grant (CDBG) Program for purchase assistance. CONSIDERATIONS: Collier County offers assistance to individuals to purchase owner -occupied housing units through federal grants, such as the CDBG Program. If the property is continuously occupied as the principal residence during the five -year period, the assistance provided is forgiven. The following table details clients who have fulfilled the obligation of the CDBG assistance provided and are entitled to a satisfaction of mortgage. Grant Type of Assistance Name(s) OR Book /Page Mortgage Date Forgiveness Date Amount of Assistance CDBG Purchase Assistance Misael J. Gonzalez Lazaro, a single man OR5072/PG3327 9/3/2014 9/3/2019 $20,000 CDBG Purchase Assistance Miquel A. Perez Simon and Diamela Una Ferrer, a married couple OR5070/PG3700 8/26/2014 8/26/2019 $20,000 TOTAL $40,000 Approval of these items will authorize the Chairman to sign the aforementioned satisfactions of mortgage and the executed documents shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: There is no Fiscal impact since there is no recapture of funds; these grant funds are forgivable upon satisfaction of the affordability period. The $20 Recording fee required to release the mortgages will be paid from CDBG fund (705) Project 33580. GROWTH MANAGEMENT IMPACT: None 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 two (2) Satisfactions of Mortgage for owner-occupied dwelling units that have satisfied the terms of assistance. Prepared By: Cormac Giblin, Housing Operations & Grant Development Manager, Community & Human Services Division 16.D.3 Packet Pg. 938 10/08/2019 ATTACHMENT(S) 1. CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (PDF) 16.D.3 Packet Pg. 939 10/08/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.3 Doc ID: 10098 Item Summary: Recommendation to approve two (2) Satisfactions of Mortgage in the combined amount of $40,000 of owner-occupied dwelling units that have satisfied the terms of their affordability period. Meeting Date: 10/08/2019 Prepared by: Title: Operations Analyst – Public Transit & Neighborhood Enhancement Name: Jason Rummer 09/10/2019 3:53 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 09/10/2019 3:53 PM Approved By: Review: Community & Human Services Cormac Giblin Additional Reviewer Completed 09/17/2019 10:26 AM Community & Human Services Kristi Sonntag CHS Review Completed 09/17/2019 3:03 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 09/17/2019 4:13 PM Community & Human Services Jose Alvarado Additional Reviewer Completed 09/17/2019 4:14 PM Community & Human Services Susan Golden Additional Reviewer Completed 09/17/2019 4:28 PM Public Services Department Kimberley Grant Level 1 Reviewer Completed 09/17/2019 4:46 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 09/18/2019 1:48 PM Grants Erica Robinson Level 2 Grants Review Completed 09/18/2019 1:54 PM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 09/20/2019 11:46 AM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 09/24/2019 2:34 PM Office of Management and Budget Laura Wells Level 3 OMB Gatekeeper Review Completed 09/24/2019 2:51 PM Budget and Management Office Ed Finn Additional Reviewer Completed 09/25/2019 9:27 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/25/2019 3:25 PM Grants Therese Stanley Additional Reviewer Completed 09/27/2019 12:34 PM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 09/29/2019 5:49 PM Board of County Commissioners MaryJo Brock Meeting Pending 10/08/2019 9:00 AM 16.D.3 Packet Pg. 940 16.D.3.a Packet Pg. 941 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 942 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 943 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 944 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 945 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 946 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 947 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 948 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 949 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 950 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 951 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of 16.D.3.a Packet Pg. 952 Attachment: CDBG SOM LAZARO SIMON DIAMELA CAO RVD BCC10082019 (10098 : Recommendation to approve two (2) Satisfactions of