Qualified homeowners in Miami-Dade County are now eligible to receive an interest-free loan of up to $35,000 to cover the down payment of their first home.

The program is for any individual making less than $95,620 a year, a couple making less than $109,200, a three person household making less than $122,920 and households of four or more people making less than $136,500.

Requirements to be eligible include:

  • Any individual or spouse who hasn’t had ownership in a principal residence during the three year period ending on the date of purchase of the property.
  • A single parent who has owned with a former spouse while married.
  • An individual who has owned a principal residence not permanently affixed to a permanent foundation in accordance with applicable regulations.
  • An individual who has owned a property that was not in compliance with state, local or model building codes and which cannot be brought into compliance for less than the cost of constructing a permanent structure.

All potential homebuyers are required to receive a counseling form from a Housing and Urban Development certified agency and to complete homebuyer education training.

For more information on requirements and what else you need to know, click on this link.

Remember to always hire a real estate lawyer to assist you with your real estate purchase.


Contact Us: Jacqueline Salcines, Esq., 706 S. Dixie Highway, 2nd FL, Coral Gables, FL 33146 Email: