Homebuyer Down Payment Assistance Program

Rolling

Miami-Dade County Housing & Community DevelopmentFLFirst-Time Homeowner

state

Updated: Nov 20, 2025

Summary

assists eligible homebuyers in Miami-Dade County with a no-interest deferred loan for down payment to purchase first home.

Eligibility

First-time homebuyers; income limits: individuals <$95,620; couples <$109,200; 3-person household <$122,920; 4-person household <$136,500; must be Miami-Dade County resident, fixed rate mortgage, attend HUD-approved education.

Full Description

The Homebuyer Down Payment Assistance Program offers an interest-free, deferred loan up to $35,000 for eligible first-time homebuyers who are residents of Miami-Dade County. Applicants must meet income thresholds (e.g., < $95,620 for individuals; < $136,500 for a four-person household), complete HUD-certified homebuyer education, and meet underwriting criteria such as CLTV ≤ 105% and 1% of purchase price from own funds. No monthly payments; unpaid balance due upon sale, transfer, refinance or death. Shared-equity conditions apply (100% profit to county if sold in year 1-3, 50% in years 4-6, 0% after year 6).

Apply on official siteUpdated Nov 20, 2025

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