Hernando County
Florida

Agenda Item
13892

Satisfaction of Mortgage for Dennis W. Lynch and Melissa B. Urick Through Homeownership Down Payment Assistance Program

Information

Department:Housing AuthoritySponsors:
Category:SHIP Program

Financial Impact

Revenue in the amount of $12,500.00 to Fund # 1271.

Body

Dennis W. Lynch and Melissa B. Urick received a second mortgage loan from the County through the Down Payment Assistance Program on July 17, 2003, for an original amount of $12,500.00.  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 $12,500.00 payable to Hernando County from Lyons Group, PA. 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

Jan 9, 2018 9:00 AM Video Board of County Commissioners Regular Meeting
RESULT:ADOPTED [4 TO 0]
MOVER:Nicholas W. Nicholson, Commissioner
SECONDER:John Allocco, Second Vice Chairman
AYES:Steve Champion, John Allocco, Jeff Holcomb, Nicholas W. Nicholson
ABSENT:Wayne Dukes