Satisfaction of Mortgage for Albert F. Gibson and Gina A. Gibson Through Homeownership Down Payment Assistance Program
Information
| Department: | Housing Authority | Sponsors: | |
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| Category: | SHIP Program |
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Financial Impact
Revenue in the amount of $14,000.00 to Fund # 1271.
Body
Albert F. and Gina A. Gibson received a second mortgage loan from the County through the Down Payment Assistance Program on December 10, 2010, for an original amount of $14,000.00. The Homeownership Down Payment Assistance program is funded through the State Housing Initiatives Partnership Program (SHIP). The loans are given to qualified homeowners at zero percent interest.
The Housing Authority has received a check in the amount of $14,000.00 payable to Hernando County from Title Source Inc.-Florida. The check has been sent to the Finance Department for deposit. The check represents the full payoff under the Homeownership Down Payment Assistance Program.
Meeting History
| RESULT: | ADOPTED [UNANIMOUS] | | | MOVER: | Steve Champion, Vice Chairman | | SECONDER: | John Allocco, Second Vice Chairman | | AYES: | Wayne Dukes, Steve Champion, John Allocco, Jeff Holcomb, Nicholas W. Nicholson |
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