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Satisfactions of Mortgage for Mamie Davis and Julia L. Scourtas Through Homeownership Down Payment Assistance Program
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BRIEF OVERVIEW
Attached are the following satisfactions of mortgage for Hernando County’s State Initiatives Partnership Program. Down Payment Assistance Loan:
Down Payment Assistance
• Julia L. Scourtas - 9160 Southern Charm Circle, Brooksville - $7,600.00
Housing Rehabilitation Deferred Payment Loan Agreement
• Mamie Davis - 27100 Aubrey Avenue, Brooksville - $5,107.75
FINANCIAL IMPACT
Revenue in the amount of $12,707.75 to:
Fund: 1271 - State Housing Initiatives Partnership Program, Department 35051 - SHIP Grant - Housing Auth - Account: 3699030 - Miscellaneous Revenue Down Payment Reimbursement
Expenses in the amount $20.00 to satisfy the cost of recording to:
Fund 1271 - State Housing Initiatives Partnership Program, Account: 2020001 - Accounts Payable
LEGAL NOTE
The Board has 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 mortgage.