Agenda 12/10/2019 Item #16D 7 (SHIP Mortgage Release)12/10/2019
EXECUTIVE SUMMARY
Recommendation to approve one (1) release of mortgage for the State Housing Initiatives
Partnership (SHIP) Program where the term of the obligation has been met.
OBJECTIVE: To support the affordability of housing in Collier County 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 home
buyers for use toward a portion of the required down payment and emergency repairs to the newly
acquired home. As a condition of the award, the homeowner must repay the assistance provided upon
sale, refinance, or failure to maintain the property as a primary residence.
Community and Human Services Division (CHS) staff monitors its County-issued SHIP loans for
compliance. Through this process, staff has identified a mortgage where the homeowner is entitled to
have their original down payment assistance forgiven. Older mortgage instruments did not include a
maturity date. Section 95.281(1)(b) F.S. allows this debt to be forgiven if the mortgage is more than
twenty (20) years old and the final maturity of an obligation secured by the mortgage is not ascertainable
or previously set forth in the mortgage. Under such circumstances, the mortgage is considered terminated
and for record purposes, the down payment amount may be forgiven.
Therefore, due to the length of time of the mortgage, the following homeowner has met the obligation and
the loan should be forgiven. SHIP Ordinance No. 93-19 did not require a maturity date.
Name Date Mortgage
Signed
Recording Date Affordability End
Date 20 Years
OR Book &
Page
SHIP
Mortgage
Amount
Elda Perez July 30, 1999 August 4, 1999 July 30, 2019 2577/3234 $ 2,500
Total $ 2,500
Approval of this Item will authorize the Chairman to sign the release of mortgage and the executed
document shall be recorded in the Public Records of Collier County, Florida.
FISCAL IMPACT: There is no Fiscal impact associated with the Release of Mortgage. The $10
recording fee will be paid by SHIP Grant Fund (791), Project 33613.1.
LEGAL CONSIDERATIONS: This Item is approved for form and legality and requires a majority vote
for Board approval. -JAB
GROWTH MANAGEMENT IMPACT: The State Housing Initiatives Partnership (SHIP) Program
assists the County in meeting some of the goals and objectives of the Housing Element of the Growth
Management Plan.
RECOMMENDATION: To approve one (1) release of mortgage for the SHIP Program where the term
of the obligation has been met.
Prepared By: Tom Calderon, Grants Coordinator, Community & Human Services Division
16.D.7
Packet Pg. 2207
12/10/2019
ATTACHMENT(S)
1. Release of Mortgage (PDF)
2. Mortgage (PDF)
16.D.7
Packet Pg. 2208
12/10/2019
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.7
Doc ID: 10830
Item Summary: Recommendation to approve one (1) release of mortgage for the State Housing
Initiatives Partnership Program where the term of the obligation has been met.
Meeting Date: 12/10/2019
Prepared by:
Title: – Community & Human Services
Name: Tomas Calderon
11/12/2019 11:40 AM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
11/12/2019 11:40 AM
Approved By:
Review:
Community & Human Services Lisa Carr Additional Reviewer Completed 11/12/2019 12:05 PM
Community & Human Services Maggie Lopez Additional Reviewer Completed 11/12/2019 1:28 PM
Community & Human Services Leslie Davis Additional Reviewer Completed 11/13/2019 11:40 AM
Community & Human Services Kristi Sonntag CHS Review Completed 11/16/2019 9:33 AM
Community & Human Services Cormac Giblin Additional Reviewer Completed 11/18/2019 4:19 PM
Public Services Department Kimberley Grant Level 1 Reviewer Completed 11/18/2019 5:20 PM
Public Services Department Joshua Hammond Level 1 Division Reviewer Completed 11/20/2019 8:35 AM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 11/20/2019 8:44 AM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 11/20/2019 10:51 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 11/20/2019 11:48 AM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 11/20/2019 2:43 PM
Budget and Management Office Ed Finn Additional Reviewer Completed 11/22/2019 4:19 PM
County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 11/25/2019 10:16 AM
Board of County Commissioners MaryJo Brock Meeting Pending 12/10/2019 9:00 AM
16.D.7
Packet Pg. 2209
16.D.7.aPacket Pg. 2210Attachment: Release of Mortgage (10830 : SHIP Mortgage Released for Term)
16.D.7.b
Packet Pg. 2211 Attachment: Mortgage (10830 : SHIP Mortgage Released for Term)
16.D.7.b
Packet Pg. 2212 Attachment: Mortgage (10830 : SHIP Mortgage Released for Term)
16.D.7.b
Packet Pg. 2213 Attachment: Mortgage (10830 : SHIP Mortgage Released for Term)