See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated March 24, 2026

Homebuyer Programs in Miami, FL (2026)

Population: 459,000 | Median home price: $565,000 | Est. closing costs: $11,500 - $17,000

Miami is the second-most populous city in Florida and the economic hub of South Florida, with a median home price of approximately $565,000. Homebuyers in Miami have access to an exceptional range of assistance programs, including the City of Miami First-Time Homebuyer Program offering up to $70,000 in forgivable loans, the Miami-Dade County Down Payment Assistance Program providing up to $35,000 interest-free, the Homebuyer Loan Program (HLP) with up to $100,000 in low-interest financing, and the MDEAT Homeownership Assistance Program offering up to $28,500 in forgivable assistance. The HFA Miami-Dade Mortgage Program adds up to $15,000 in deferred down payment help, and state programs like the Florida Hometown Heroes Housing Program provide up to $35,000 more. By stacking city, county, and state programs, eligible Miami buyers can potentially access over $100,000 in combined assistance toward their home purchase.

City Programs in Miami

Program Name	Type	Amount	First-Time Only	Details
City of Miami District 5 Expanded First-Time Homebuyer Program	Forgivable Loan	Up to $200,000	Yes	View →
City of Miami First-Time Homebuyer Program	Forgivable Loan	Up to $70,000	Yes	View →

City of Miami District 5 Expanded First-Time Homebuyer Program

Type:: Forgivable Loan
Amount:: Up to $200,000
First-time only:: Yes

City of Miami First-Time Homebuyer Program

Type:: Forgivable Loan
Amount:: Up to $70,000
First-time only:: Yes

County Programs in Miami-Dade County

Program Name	Type	Amount	First-Time Only	Details
HFA Miami-Dade Mortgage Program	Deferred Loan	Up to $15,000	Yes	View →
MDEAT Homeownership Assistance Program (HAP)	Forgivable Loan	Up to $28,500 (at or below 80% AMI) or up to $14,500 (above 80% AMI)	No	View →
Miami-Dade County Homebuyer Down Payment Assistance Program	Deferred Loan	Up to $35,000	Yes	View →
Miami-Dade County Homebuyer Loan Program (HLP)	Zero-Interest Loan	Up to $100,000 at 1% interest or $80,000 at 2% interest	No	View →

HFA Miami-Dade Mortgage Program

Type:: Deferred Loan
Amount:: Up to $15,000
First-time only:: Yes

MDEAT Homeownership Assistance Program (HAP)

Type:: Forgivable Loan
Amount:: Up to $28,500 (at or below 80% AMI) or up to $14,500 (above 80% AMI)
First-time only:: No

Miami-Dade County Homebuyer Down Payment Assistance Program

Type:: Deferred Loan
Amount:: Up to $35,000
First-time only:: Yes

Miami-Dade County Homebuyer Loan Program (HLP)

Type:: Zero-Interest Loan
Amount:: Up to $100,000 at 1% interest or $80,000 at 2% interest
First-time only:: No

State Programs in Florida

Program Name	Type	Amount	First-Time Only	Details
FHLBA Community Partners Product	Forgivable Loan	Up to $20,000 in home purchase assistance for down payment and closing costs	No	View →
FHLBA First Time Homebuyer Product	Forgivable Loan	Up to $17,500 in home purchase assistance for down payment and closing costs	Yes	View →
FHLBA Workforce Housing Plus+	Grant	Up to $15,000 in home purchase assistance for down payment and closing costs	No	View →
Florida Assist (FL Assist) Second Mortgage Program	Deferred Loan	Up to $10,000	Yes	View →
Florida HFA Preferred and Advantage PLUS Program	Forgivable Loan	3%, 4%, or 5% of the total first mortgage loan amount (HFA Advantage PLUS TBA, Freddie Mac first mortgage only)	Yes	View →
Florida Hometown Heroes Housing Program	Deferred Loan	Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000	Yes	View →

FHLBA Community Partners Product

Type:: Forgivable Loan
Amount:: Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:: No

FHLBA First Time Homebuyer Product

Type:: Forgivable Loan
Amount:: Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:: Yes

FHLBA Workforce Housing Plus+

Type:: Grant
Amount:: Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:: No

Florida Assist (FL Assist) Second Mortgage Program

Type:: Deferred Loan
Amount:: Up to $10,000
First-time only:: Yes

Florida HFA Preferred and Advantage PLUS Program

Type:: Forgivable Loan
Amount:: 3%, 4%, or 5% of the total first mortgage loan amount (HFA Advantage PLUS TBA, Freddie Mac first mortgage only)
First-time only:: Yes

Florida Hometown Heroes Housing Program

Type:: Deferred Loan
Amount:: Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000
First-time only:: Yes

Federal Programs

Program Name	Type	Amount	First-Time Only	Details
FHA Loans	Government-Insured Mortgage	Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)	No	View →
Good Neighbor Next Door (HUD)	Government Property Sale Program	50% discount off the list price of HUD-owned homes	Yes	View →
Home Possible Mortgage (Freddie Mac)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HomeReady Mortgage (Fannie Mae)	Government-Guaranteed Mortgage	Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment	No	View →
HUD $100 Down Program	FHA-Financed HUD REO Purchase	Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.	No	View →
USDA Rural Development Loans	Government-Guaranteed Mortgage	100% financing (no down payment required); loan amount up to appraised value	No	View →
VA Loans	Government-Guaranteed Mortgage	No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)	No	View →

FHA Loans

Type:: Government-Insured Mortgage
Amount:: Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:: No

Good Neighbor Next Door (HUD)

Type:: Government Property Sale Program
Amount:: 50% discount off the list price of HUD-owned homes
First-time only:: Yes

Home Possible Mortgage (Freddie Mac)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HomeReady Mortgage (Fannie Mae)

Type:: Government-Guaranteed Mortgage
Amount:: Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:: No

HUD $100 Down Program

Type:: FHA-Financed HUD REO Purchase
Amount:: Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:: No

USDA Rural Development Loans

Type:: Government-Guaranteed Mortgage
Amount:: 100% financing (no down payment required); loan amount up to appraised value
First-time only:: No

VA Loans

Type:: Government-Guaranteed Mortgage
Amount:: No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:: No

Nonprofit Programs

Program Name	Type	Amount	First-Time Only	Details
Habitat for Humanity of Greater Miami	Zero-Interest Loan	Affordable home purchase with 0% interest mortgage	No	View →
NACA Purchase Program (Miami)	Grant	No down payment, no closing costs, no PMI, no fees, below-market fixed interest rate	No	View →

Habitat for Humanity of Greater Miami

Type:: Zero-Interest Loan
Amount:: Affordable home purchase with 0% interest mortgage
First-time only:: No

NACA Purchase Program (Miami)

Type:: Grant
Amount:: No down payment, no closing costs, no PMI, no fees, below-market fixed interest rate
First-time only:: No

Free eligibility check

21 programs available in Miami. See which ones you qualify for.

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Question 1 of 6

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How to Apply

Step 1: Check your eligibility. Review income limits for the programs you are interested in. The City of Miami First-Time Homebuyer Program serves households earning between 30% and 140% of the area median income. The Miami-Dade County DPA Program has limits ranging from $95,620 for individuals to $136,500 for a four-person household.

Step 2: Complete homebuyer education. An 8-hour HUD-approved homebuyer education course is required for most Miami programs. Contact the Housing Finance Authority of Miami-Dade County or a local HUD-approved counseling agency to register.

Step 3: Contact a local housing partner. Reach out to the City of Miami Department of Housing and Community Development at (305) 416-1927 for city programs, or Miami-Dade PHCD at 786-469-4100 for county programs. NACA also offers free homebuyer workshops in the Miami area.

Step 4: Get pre-approved for a mortgage. Work with a participating lender approved by the program you are applying for. The HFA Miami-Dade program requires a minimum 640 credit score and 24 months of employment in the same line of work.

Step 5: Find a home within program guidelines. For city programs, the property must be within City of Miami limits. County programs require the home to be in Miami-Dade County. Check purchase price limits for each program you are using.

Step 6: Submit your application. Applications are processed on a first-come, first-ready, first-serve basis through participating lenders. You must contribute at least $500 of personal funds for the City of Miami program. Allow time for processing and underwriting.

Frequently Asked Questions

How much down payment assistance can I get in Miami?+

Miami buyers can access significant assistance by combining multiple programs. The City of Miami First-Time Homebuyer Program offers up to $70,000, the Miami-Dade County DPA Program provides up to $35,000 interest-free, the Homebuyer Loan Program (HLP) offers up to $100,000 in low-interest financing, the MDEAT HAP provides up to $28,500, and the HFA Miami-Dade Mortgage Program offers up to $15,000. At the state level, the Florida Hometown Heroes Housing Program provides up to $35,000. Not all programs can be combined, so work with a participating lender to determine the best stack for your situation.

Do I have to be a first-time homebuyer to qualify?+

It depends on the program. The City of Miami First-Time Homebuyer Program, the HFA Miami-Dade Mortgage Program, and the Miami-Dade County DPA Program all require first-time buyer status. However, the MDEAT Homeownership Assistance Program (HAP) and the Homebuyer Loan Program (HLP) do not require first-time buyer status, making them available to repeat buyers who meet income requirements.

What is the maximum home price I can pay using these programs?+

Purchase price limits vary by program and are updated periodically. The HFA Miami-Dade program and state programs have specific purchase price caps that change annually. Contact the Housing Finance Authority of Miami-Dade County at their website or your participating lender for the most current limits. The City of Miami program does not publish a fixed price cap but requires the home to be affordable based on your income and the loan terms.

What homebuyer education is required?+

Most Miami programs require completion of an 8-hour HUD-approved homebuyer education course. The Housing Finance Authority of Miami-Dade County can direct you to approved courses. NACA also offers free homebuyer workshops in the Miami area that satisfy education requirements for their program. The MDEAT HAP program requires attending a voluntary Homebuyer Education Course through a HUD-approved Housing Counseling Agency.

Are there special programs for buyers in specific Miami neighborhoods?+

Yes. The City of Miami District 5 Expanded First-Time Homebuyer Program offers up to $200,000 in forgivable, interest-free assistance for first-time buyers purchasing within District 5 boundaries. The Homebuyer Loan Program (HLP) also offers lower interest rates (1% vs 2%) in vulnerability ranked areas of Miami-Dade County. Contact the City of Miami Housing Department at (305) 416-1927 to determine if a property qualifies.

Can I use NACA in Miami for a no-down-payment mortgage?+

Yes. NACA (Neighborhood Assistance Corporation of America) is active in the Miami area and offers mortgages with no down payment, no closing costs, no PMI, and no fees at below-market fixed interest rates. Priority members with income below 100% of the Miami area median income can purchase anywhere. Non-priority members must purchase in designated census tracts. Attend a free NACA Homebuyer Workshop to get started.