Interoffice Memorandum
DATE: July 20, 2024
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: N/A
FROM: Tanya Wilson, AICP, Director, Planning, Environmental, and Development
Services Department
CONTACT: Mitchell Glasser, Manager
PHONE: 407-836-5190
DIVISION: Housing and Community Development Division
ACTION REQUESTED:
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Approval and execution of Satisfaction of Lien for Mortgage Deed and Mortgage Note executed by Jennifer L. Carrasquillo, dated August 15, 2016, recorded in DOC# 2016439140, Public Records of Orange County, Florida formerly encumbering the real property Lot 20, Block A Hiawassa Highlands, Plat Book W, Page 17 of the Public Records of Orange County, Florida. District 6. (Housing and Community Development Division)
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PROJECT: Satisfaction of Mortgage Deed and Mortgage Note
PURPOSE: On August 15, 2016, the Down Payment Assistance Program provided $20,000 to Jennifer Carrasquillo in the form of a ten-year deferred payment second mortgage loan. The loan was to be forgiven, without payment, at the end of a ten-year term as long as the home remained the principal residence. Over the past year, Ms. Carrasquillo has had issues with the air conditioning which is causing health and safety issues. She cannot afford to replace the unit, but instead seeks to refinance the home to pay for additional repairs to the home. She has been unable to complete the refinance due in part to the terms and conditions of her second mortgage with Orange County.
Ms. Carrasquillo is requesting Orange County to satisfy its second mortgage based on her circumstances. Staff supports the Satisfaction of Lien to Orange County’s Mortgage Deed and Note dated August 15, 2016.
BUDGET: N/A