See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated March 27, 2026
Homebuyer Programs in North Miami, FL (2026)
North Miami is a diverse city of about 62,000 residents in northeastern Miami-Dade County, Florida, known for its vibrant Haitian-American community and proximity to Biscayne Bay. With a median home price around $457,000, buyers here have access to an unusually deep stack of assistance programs. The City of North Miami First-Time Homebuyer Assistance Program offers up to $40,000 through HOME and SHIP funds. At the county level, the Miami-Dade County Homebuyer Down Payment Assistance Program provides up to $35,000, the MDEAT Homeownership Assistance Program adds up to $28,500, and the Miami-Dade Homebuyer Loan Program can provide up to $100,000 in affordable financing. The HFA Miami-Dade Mortgage Program offers an additional $15,000. Florida state programs including Hometown Heroes (up to $35,000) and Florida Assist (up to $10,000) round out the options. By stacking city, county, and state programs, eligible North Miami buyers could receive well over $100,000 in total assistance.
City Programs in North Miami
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| City of North Miami First-Time Homebuyer Assistance Program | Deferred Loan | Up to $40,000 | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to $40,000
- 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 → |
- Type:
- Deferred Loan
- Amount:
- Up to $15,000
- First-time only:
- Yes
- 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
- Type:
- Deferred Loan
- Amount:
- Up to $35,000
- First-time only:
- Yes
- 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 |
|---|---|---|---|---|
| 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 first mortgage loan amount | 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 → |
- Type:
- Deferred Loan
- Amount:
- Up to $10,000
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- 3%, 4%, or 5% of the first mortgage loan amount
- First-time only:
- Yes
- 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 → |
| 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+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | 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 → |
- 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
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- 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
- 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
- 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
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- 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 → |
| Neighborhood Housing Services of South Florida Homebuyer Program | Deferred Loan | Down payment and closing cost assistance available | Yes | View → |
- Type:
- Zero-Interest Loan
- Amount:
- Affordable home purchase with 0% interest mortgage
- First-time only:
- No
- Type:
- Grant
- Amount:
- No down payment, no closing costs, no PMI, no fees, below-market fixed interest rate
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Down payment and closing cost assistance available
- First-time only:
- Yes
How to Apply
Check your eligibility. Most programs require household income at or below 80% to 140% of Area Median Income for Miami-Dade County. You must be a first-time homebuyer, meaning you have not owned a home in the past three years. The City of North Miami program requires you to have at least 3% of the purchase price available from your own funds and no more than $30,000 in liquid assets.
Complete homebuyer education. An 8-hour HUD-approved homebuyer education course is required. Neighborhood Housing Services of South Florida (NHSSF) offers courses in English, Spanish, and Creole throughout Miami-Dade County. You can also contact the city's Community Planning and Development Department at 12300 NE 8th Avenue, North Miami, FL 33161.
Get pre-approved for a first mortgage. Contact an approved lender through the HFA Miami-Dade program or the Florida Housing Finance Corporation's participating lender network. The HFA Miami-Dade program includes up to $15,000 in down payment assistance with your mortgage.
Apply for the City of North Miami program. Submit your application to the City of North Miami Community Planning and Development Department. Applications are processed first-come, first-served while funding is available. You can receive up to $40,000 as a deferred 0% interest loan.
Apply for additional county assistance. Apply to Miami-Dade County's Homebuyer Down Payment Assistance Program for up to $35,000, and the MDEAT Homeownership Assistance Program for up to $28,500. These programs can be stacked with the city program.
Find a home within program limits. The City of North Miami program has a maximum purchase price of $460,000 under SHIP or $370,000 under HOME. Work with your real estate agent to find eligible properties within North Miami city limits.
Close on your new home. Your lender and the city and county will coordinate to apply all approved assistance at closing. The city assistance is structured as a 0% interest deferred loan with no monthly payments.