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File #: 13003   
Type: Agenda Item Status: Adopted
File created: 10/13/2023 In control: Board of County Commissioners
On agenda: 11/7/2023 Final action: 11/7/2023
Enactment date: Enactment #:
Title: Satisfactions of Various Mortgages Through Homeownership Down Payment Assistance Program
Attachments: 1. Memorandum 9-14-23, 2. Satisfaction of Mortgage - Brunner, 3. Second Mortgage - Brunner, 4. Satisfaction of Mortgage - Cyg, 5. Second Mortgage - Cyg, 6. Satisfaction of Mortgage - Donato, 7. Second Mortgage - Donato, 8. Satisfaction of Mortgage - Fitzpatrick, 9. Second Mortgage - Fitzpatrick, 10. Satisfaction of Mortgage - Gaier, 11. Second Mortgage - Gaier, 12. Satisfaction of Mortgage - Hawkins n/k/a Wisner, 13. Second Mortgage - Hawkins n/k/a Wisner, 14. Satisfaction of Mortgage - Hindman and Tenaglia, 15. Second Mortgage - Hindman and Tenaglia, 16. Satisfaction of Mortgage - Hnilica, 17. Second Mortgage - Hnilica, 18. Satisfaction of Mortgage - Macchia, 19. Second Mortgage - Macchia, 20. Satisfaction of Mortgage - McCabe, 21. Second Mortgage - McCabe, 22. Satisfaction of Mortgage - McIntosh, 23. Second Mortgage - McIntosh, 24. Satisfaction of Mortgage - Minary, 25. Second Mortgage - Minary, 26. Satisfaction of Mortgage - Morrison, 27. Second Mortgage - Morrison, 28. Satisfaction of Mortgage - Murray, 29. Second Mortgage - Murray, 30. Satisfaction of Mortgage - O'Connor, 31. Second Mortgage - O'Connor, 32. Satisfaction of Mortgage - Reyes and Andrade, 33. Second Mortgage - Reyes and Andrade, 34. Satisfaction of Mortgage - Perez, 35. Second Mortgage - Perez, 36. Satisfaction of Mortgage - Rovira and Rosario, 37. Second Mortgage - Rovira and Rosario, 38. Satisfaction of Mortgage - Schuler, 39. Second Mortgage - Schuler, 40. Satisfaction of Mortgage - Sims, 41. Second Mortgage - Sims, 42. Satisfaction of Mortgage - Slone, 43. Second Mortgage - Slone, 44. Satisfaction of Mortgage - Thomas, 45. Second Mortgage - Thomas, 46. Satisfaction of Mortgage - Villela and Castro, 47. Second Mortgage - Villela and Castro, 48. Satisfaction of Mortgage - Wallace, 49. Second Mortgage - Wallace, 50. Approved Satisfaction of Mortgage for Adrienne N. Brunner, 51. Approved Satisfaction of Mortgage for Ann Marie Wallace, 52. Approved Satisfaction of Mortgage for Antonio Ferres Reyes and Alexandra Patricia Gomes Andrade, 53. Approved Satisfaction of Mortgage for Barbara Murray, 54. Approved Satisfaction of Mortgage for Carmel Macchia, 55. Approved Satisfaction of Mortgage for Fredy Gaier and Barbara Gaier, 56. Approved Satisfaction of Mortgage for Jack A. Sims, 57. Approved Satisfaction of Mortgage for Jennifer L. Fitzpatrick, 58. Approved Satisfaction of Mortgage for Jessika L. Minary, 59. Approved Satisfaction of Mortgage for Jesyrey Rivera Rovira and Eva D. Aponte Rosario, 60. Approved Satisfaction of Mortgage for Joel L. Slone and Kearstin E. Slone, 61. Approved Satisfaction of Mortgage for John C. Hindmand and Annette A. Tenaglia, 62. Approved Satisfaction of Mortgage for Joshua D. Hnilica, 63. Approved Satisfaction of Mortgage for Juan C. Villela and Claudia E. Urbina Castro, 64. Approved Satisfaction of Mortgage for Judith Ann Cyg, 65. Approved Satisfaction of Mortgage for Kristina M. McCabe, 66. Approved Satisfaction of Mortgage for Lisah M. Hawkins nka Wisner, 67. Approved Satisfaction of Mortgage for Maria C. Perez, 68. Approved Satisfaction of Mortgage for Mark D. Donato, 69. Approved Satisfaction of Mortgage for Marvin F. McIntosh and Shelley M. McIntosh, 70. Approved Satisfaction of Mortgage for Michael S. Thomas and Julia G. Thomas, 71. Approved Satisfaction of Mortgage for Richard M. O'Connor aka Richard O'Connor, 72. Approved Satisfaction of Mortgage for Selena M. Morrison, 73. Approved Satisfaction of Mortgage for Shandi R. Schuler

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Satisfactions of Various Mortgages Through Homeownership Down Payment Assistance Program

 

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BRIEF OVERVIEW

Attached are the following Satisfaction of Mortgage’s for Hernando County’s Homeownership Down Payment Assistance Program:

 

                     Adrienne N Brunner in the amount of $15,000.00.

                     Judith A. Cyg in the amount of $14,800.00.

                     Mark D. Donato in the amount of $19,000.00.

                     Jennifer L. Fitzpatrick in the amount of $15,200.00.

                     Fred and Barbara Gaier in the amount of $9,442.00.

                     Lisah M. Hawkins n/k/a Wisner in the amount of $19,980.00.

                     John C. Hindman in the amount of $20,000.00.

                     Joshua D. Hnilica and Annette A. Tenaglia in the amount of $6,416.02.

                     Carmel Macchia in the amount of $10,757.00.

                     Kristina M. McCabe in the amount of $12,626.73.

                     Marvin F. McIntosh and Shelley M. McIntosh in the amount of $15,388.00.

                     Jessika L. Minary in the amount of $10,000.00.

                     Selena M. Morrison in the amount of $9,687.47.

                     Barbara Murray in the amount of $5,875.00.

                     Richard M. O’Connor aka Richard O’Connor in the amount of $10,000.00.

                     Antonio Reyes Ferres and Alexandra Patricia Gomes Andrade in the amount of $19,875.00.

                     Maria C. Perez in the amount of $19,175.00.

                     Jesyrey Rivera Rovira and Eva D. Aponte Rosado in the amount of $19,850.00.

                     Shandi R. Schuler in the amount of $10,000.00.

                     Jack A. Sims in the amount of $20,000.00.

                     Joel L. Slone and Kearstin E. Slone in the amount of $10,000.00.

                     Michael S. Thomas. and Julia G. Thomas in the amount of $5,000.00.

                     Juan C. Villela and Claudia E. Urbina Castro in the amount of $18,000.00.

                     Ann Marie Wallace in the amount of $11,443.00.

 

The recipients received a second mortgage loan from the County funded through the State Housing Initiatives Partnership Program (SHIP). The loans are given to qualified homebuyers at zero percent interest.

 

The Housing Authority has received checks to pay off each mortgage in full, payable to Hernando County for a total amount of $327,515.22.  The checks have been sent to the Finance Department for deposit.  The checks represent the full payoff under the Homeownership Down Payment Assistance Program. 

 

FINANCIAL IMPACT

Revenue in the amount of $327,515.22 to Fund #1271.

 

LEGAL NOTE

The Board has the authority to accept payment under the SHIP Program pursuant to the State Housing Initiative Partnership Act. Florida Statutes Section 420.907, et seq.

 

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RECOMMENDATION

It is recommended that the Board approve and authorize the Chairman’s signature on the attached satisfactions of mortgage.