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Agenda 11/12/2019 Item #16D 6 (Satisfactions of Mortgages for SHIP Program - Leiva & Chase)11/12/2019 EXECUTIVE SUMMARY Recommendation to approve two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the combined amount of $33,458 and approve an associated Budget Amendment. OBJECTIVE: To support the affordability of housing in Collier County through the State Housing Initiatives Partnership (SHIP) down payment, emergency repair, and/or rehabilitation assistance programs. 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. As a condition of award, the homeowner must repay the assistance provided upon sale, refinance or loss of homestead exemption. Community and Human Services (CHS) staff received payoff requests and payments for the properties listed below. The mortgages have been paid and the loans are satisfied. The following table provides details regarding the associated mortgages that have been repaid. File # Name Mortgage Amount Payoff Amount Public Record 09-372 Maria A. Leiva $ 4,208 $ 4,208 OR4707 PG1680 06-125 Christine Chase $29,250 $29,250 OR4256 PG0881 TOTAL $33,458 $33,458 Approval of this Item will authorize the Chairman to sign the attached satisfactions of mortgage and the executed documents shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: The repaid amount of $33,458 satisfies the mortgage amount due as a result of the recapture provision as noted above. These repayments are considered program income and have been deposited in SHIP Grant Fund (791), Project 33613. Deposited funds will be used for SHIP eligible activities. The Budget Amendment recognizes $33,458 in program income, of which five percent (5%) will be used as Administrative funds. Recording fees of $10 per Satisfaction of Mortgage have been paid by the homeowners. 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 two (2) mortgage satisfactions for the State Housing Initiatives Partnership Program loan program in the combined amount of $33,458 and approve an associated Budget Amendment. Prepared By: Susan Golden, Senior Grants and Housing Coordinator, Community & Human Services Division ATTACHMENT(S) 1. SOM & support docs-Leiva, M. 10.16.19 (PDF) 16.D.6 Packet Pg. 1525 11/12/2019 2. SOM & support docs-Chase, C. 10.16.19 (PDF) 3. SAP Backup SHIP $33458.00 (PDF) 16.D.6 Packet Pg. 1526 11/12/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.6 Doc ID: 10536 Item Summary: Recommendation to approve two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the combined amount of $33,458 and approve an associated Budget Amendment. Meeting Date: 11/12/2019 Prepared by: Title: – Community & Human Services Name: Susan Golden 10/15/2019 10:32 AM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 10/15/2019 10:32 AM Approved By: Review: Community & Human Services Leslie Davis Additional Reviewer Completed 10/15/2019 11:16 AM Community & Human Services Kristi Sonntag CHS Review Completed 10/17/2019 8:52 AM Community & Human Services Lisa Carr Additional Reviewer Completed 10/17/2019 1:27 PM Community & Human Services Cormac Giblin Additional Reviewer Completed 10/17/2019 3:16 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 10/23/2019 4:55 PM Public Services Department Kimberley Grant Level 1 Reviewer Completed 10/23/2019 5:44 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 10/24/2019 11:09 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 10/24/2019 2:03 PM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 10/24/2019 4:44 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 10/24/2019 4:58 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 10/25/2019 11:19 AM Budget and Management Office Ed Finn Additional Reviewer Completed 10/29/2019 9:48 AM Grants Therese Stanley Additional Reviewer Completed 10/31/2019 4:25 PM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 11/03/2019 10:13 PM Board of County Commissioners MaryJo Brock Meeting Pending 11/12/2019 9:00 AM 16.D.6 Packet Pg. 1527 16.D.6.a Packet Pg. 1528 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1529 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1530 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1531 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1532 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1533 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1534 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1535 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.a Packet Pg. 1536 Attachment: SOM & support docs-Leiva, M. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1537 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1538 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1539 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1540 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1541 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1542 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1543 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1544 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.b Packet Pg. 1545 Attachment: SOM & support docs-Chase, C. 10.16.19 (10536 : Two SHIP Satisfactions of Mortgage) 16.D.6.c Packet Pg. 1546 Attachment: SAP Backup SHIP $33458.00 (10536 : Two SHIP Satisfactions of Mortgage)