March 1, 2024

COVID-19 General Information and ARPA Relief Funds
Are you looking for assistance in buying your first home? The City’s First Time Homebuyer program provides zero percent (0%) deferred loans to first-time homebuyers purchasing a property in the City of Miami if they qualify based on their income category.
 
Eligible Properties:
Eligible Buyers:
Maximum Sales Price of the Home: 
Existing homes and new construction homes: $352,000
Pick up an application for the First-Time Homebuyer Program at the Department of Housing & Community Development or at any of the City’s Neighborhood Enhancement Team (NET) locations.
Request Application – Your application will be turned in by the lender as part of your larger package (below). 
Gather all documents necessary. You are responsible for the documents to be provided by applicant, while the lender is responsible for their portion of the checklist.
View Document Checklist
Attend a Homebuyer Counseling workshop with one of our approved agencies.
Contact a participating lender to obtain a loan commitment and to be pre-qualified for a mortgage loan, subject to the City’s down payment amount. 
Search for a home in the City of Miami based on your pre-approved loan amount and within the maximum sales price limit (For existing homes and new construction homes: $352,000). 
TIP: Be sure the property is in City limits. Do a Dade-County property search. After entering the address, check the folio number and be sure it begins with the number “01”.  If your desired property is not in the City of Miami, you will not get a loan. 
Once you have confirmed a lender (see above), they will need to provide you with a full mortgage commitment. 
If the owner sells and/ or transfer the house before the end of the City’s mortgage term, the following provisions will apply:
 
 
 
Dial 311 or 305-468-5900
Miami Riverside Center (MRC)
444 SW 2nd Ave
Miami, FL, 33130

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