City of Miami First-Time Homebuyer Program

Special Alert

Maximum Purchase Price


Contact Info:

14 NE 1 Ave , Miami, FL 33132 305-416-2149


Credit Score Requirements

Based on 1st mortgage requirements.

Deferred Payments?


Accepted First Mortgage Type:

Freddie Mac, Freddie Mac HFA Advantage, Freddie Mac Home Possible, Fannie Mae, Fannie Mae HFA Preferred, Fannie Mae HomeReady, FHA 203(b), VA

Homeowners Education Class:


Is Forgivable?

Forgiven after 30 years.


Miami Property must be located in the City of Miami. NOTE: You can search property addresses by using the County Property Appraiser’s website at If your property is in the City of Miami, the folio number will begin with “01”.

Income Limitations:

Yes, based on Compliance Income (including household income) Income limits from HUD 2022 80% AMI guidelines Household income less than or equal to 80% of the area median income adjusted for family size Posted Income Limits (2022):

Maximum Assistance

Maximum Amount of Assistance: Varies based on the number of bedrooms of the home being purchased and the financing needs of the applicant. Contact program provider.

Education Requirements Info:

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

$500 Must contribute at least $500 of personal funds towards down payment and/or closing costs.

Qualifying Ratios:

Determined by first mortgage product or lender.