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Satisfaction of Second Mortgage for Cathleen Miller Through State Housing Initiative Partnership Emergency Repair Program; and Satisfactions of Second Mortgages for Loiana M. Garbacki, Mikayla R. Manning and Claudia M. Pereira-Fernandez Through State Housing Initiative Partnership Down Payment Assistance Program
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BRIEF OVERVIEW
The recipients below received a second mortgage loan funded through Hernando county’s State Housing Initiatives Partnership (SHIP) Program for either down payment assistance or housing repair. Payment was received for the loans and a Satisfaction of Mortgage for each is presented for Board approval:
• Claudia M. Pereira-Fernandez - 1177 Newcomb Ave., Spring Hill - in the amount of $16,275.00
• Loiana M. Garbacki - 2499 Matheson Ave, Spring Hill - in the amount of $20,000.00
• Mikayla R. Manning - 9211 Bladon St., Spring Hill - in the amount of $22,395.00
• Cathleen Miller - 9251 Chase St., Spring Hill - in the amount of $21,981.50
Funds in the amount of $40.00 were also collected to pay for the cost of recording.
STRATEGIC PLAN INITIATIVES
N/A
FINANCIAL IMPACT
Revenue:
Fund: B133 - State Housing Initiatives Partnership, Department: 150 - Health & Human Services, Account 369900 - Miscellaneous Revenue Other
Expenses:
Fund: B133 - State Housing Initiatives Partnership, Department: 150 - Health & Human Services, Account 202000 - Accounts Payable
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairman’s signature on the attached Satisfactions of Second Mortgages.