Satisfaction of Mortgage for Dennis W. Lynch and Melissa B. Urick Through Homeownership Down Payment Assistance Program
Revenue in the amount of $12,500.00 to Fund # 1271.
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.
|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|