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Agenda 07/14/2020 Item #16D11 (2 Releases of Lien for Disaster Recovery Initiative Loan Program07/14/2020 EXECUTIVE SUMMARY Recommendation to approve and authorize the chairman to sign two (2) Releases of Lien for the Disaster Recovery Initiative loan program in the amount of $281,821.75 for owner-occupied dwelling units that have satisfied the 10-year affordability period. OBJECTIVE: To support affordable housing in Collier County through the Disaster Recovery emergency repair and/or rehabilitation assistance program. CONSIDERATIONS: The Disaster Recovery Initiative Program (DRI), funded by the Department of Economic Opportunities (fka) the Department of Community Affairs (DCA) is a state disaster program that offers hurricane hardening, housing replacement, and rehabilitation for an income-qualified owner- occupied property. As a condition of the award, the homeowner must reside in the home as their principal residence for ten (10) years. As a result of recent comprehensive monitoring, staff identified two (2) homeowners who had liens that had met their affordability period and were in need of release. The homeowners were found to be in compliance with the original grant terms requiring the property to remain as their principal residence. The following table provides details regarding the associated liens that have satisfied the affordability period. As such, a release of lien is required. Name Lien Amount Date of Lien Date Eligible for Release Lien Public Record Mary Edwards $122,792.43 03/05/2010 03/05/2020 OR 4543 PG 546 James Poteet $159,029.32 03/05/2010 03/05/2020 OR 4543 PG 527 Total $281,821.75 Approval of this Item will authorize the County Manager to sign the aforementioned releases of lien and the executed documents shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: There is no Fiscal impact as the funds are forgiven and the lien is to be released after ten (10) years if the owner(s) have continued to occupy the home as their principal residence. The two (2) $10 recording fees required to release the mortgage will be paid from the CHS administration budget i n Fund (001). LEGAL CONSIDERATIONS: This Item is approved as to form and legality and requires majority vote for approval. -JAB GROWTH MANAGEMENT IMPACT: There is no Growth Management impact. RECOMMENDATION: To Approve and authorize the chairman to sign two (2) Releases of Lien for the Disaster Recovery Initiative loan program in the amount of $281,821.75 for owner -occupied dwelling units that have satisfied the terms of the 10-year affordability period. Prepared By: Lisa N. Carr, Senior Grants Coordinator, Community & Human Services Division ATTACHMENT(S) 1. Edwards-ROL (PDF) 2. Poteet-ROL (PDF) 16.D.11 Packet Pg. 2149 07/14/2020 3. Backup Docs DRI - Edwards (PDF) 4. Backup Docs DRI - Poteet (PDF) 16.D.11 Packet Pg. 2150 07/14/2020 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.11 Doc ID: 12691 Item Summary: Recommendation to approve and authorize the chairman to sign two (2) Releases of Lien for the Disaster Recovery Initiative loan program in the amount of $281,821.75 for owner- occupied dwelling units that have satisfied the 10-year affordability period. Meeting Date: 07/14/2020 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 06/16/2020 6:14 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 06/16/2020 6:14 PM Approved By: Review: Community & Human Services Cormac Giblin Additional Reviewer Completed 06/17/2020 10:52 AM Communication and Customer Relations Lisa Weinmann Additional Reviewer Completed 06/17/2020 1:51 PM Community & Human Services Kristi Sonntag CHS Review Completed 06/18/2020 4:24 PM Operations & Veteran Services Kimberley Grant Level 1 Reviewer Completed 06/22/2020 12:57 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 06/22/2020 3:33 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 06/23/2020 10:33 AM Grants Erica Robinson Level 2 Grants Review Completed 06/23/2020 11:36 AM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 06/23/2020 11:46 AM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 06/26/2020 9:38 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 06/26/2020 10:35 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/26/2020 3:21 PM Grants Therese Stanley Additional Reviewer Completed 06/29/2020 12:05 PM Budget and Management Office Ed Finn Additional Reviewer Completed 06/30/2020 2:51 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 07/07/2020 10:22 AM Board of County Commissioners MaryJo Brock Meeting Pending 07/14/2020 9:00 AM 16.D.11 Packet Pg. 2151 16.D.11.a Packet Pg. 2152 Attachment: Edwards-ROL (12691 : DRI Release of Lien) 16.D.11.b Packet Pg. 2153 Attachment: Poteet-ROL (12691 : DRI Release of Lien) 16.D.11.c Packet Pg. 2154 Attachment: Backup Docs DRI - Edwards (12691 : DRI Release of Lien) 16.D.11.c Packet Pg. 2155 Attachment: Backup Docs DRI - Edwards (12691 : DRI Release of Lien) 16.D.11.d Packet Pg. 2156 Attachment: Backup Docs DRI - Poteet (12691 : DRI Release of Lien) 16.D.11.d Packet Pg. 2157 Attachment: Backup Docs DRI - Poteet (12691 : DRI Release of Lien)