Homebuyer Down Payment | Vivira Homes

Homebuyer Down Payment
Assistance Program

A real opportunity to make homeownership happen, backed by Miami-Dade County.

What Is This Program?

Miami-Dade County's Homebuyer Down Payment Assistance Program provides qualifying first-time buyers with an interest-free loan to cover the down payment on their first home. The loan is deferred for up to 30 years with no monthly payments required, the balance is only due upon sale, transfer, or refinancing of the property.

This program is administered by Miami-Dade County's Public Housing and Community Development (PHCD) and is designed to help families become homeowners across the county, including Florida City and Homestead.

How Much Can You Receive?

Qualifying buyers may receive an interest-free loan of up to $35,000 to cover their down payment. When combined with other available county and state programs, total assistance can exceed $50,000.

Income Limits (2026)

Your household income must fall within the following limits to qualify:

Individual: less than $95,620 Couple (2 persons): less than $109,200 3-person household: less than $122,920 4-person household: less than $136,500

Income limits are based on up to 140% of the Miami-Dade County area median income, adjusted for family size.

Who Qualifies?

To be eligible for this program, you must meet the following requirements:

First-time homebuyer status, defined as not having owned a primary residence in the three years prior to purchase. This also applies to single parents who previously owned a home with a former spouse, or individuals whose previous property did not meet building code standards.

Miami-Dade County resident at the time of application and loan closing.

Minimum credit score of 640.

Must provide at least 1% of the purchase price from your own funds toward the down payment.

Must complete a HUD-certified homebuyer education course covering topics such as selecting a realtor, understanding mortgage financing, home inspections, purchase contracts, credit management, and home maintenance.

Property must be used as your primary residence.

Loan Terms:

Interest rate: 0% no interest, ever. Monthly payments: none required. Term: up to 30 years, deferred. Repayment: only upon sale, transfer, refinancing, or death during the loan term. Shared equity: if the property is sold within 1–3 years, 100% of the equity share is returned to the county. Between 4–6 years, 50%. After 6 years, no equity share is owed.

Eligible Property Types:

Single-family homes, townhomes, and condominiums located within Miami-Dade County are eligible, including new construction properties.

Seção.

Important Note

Program funding is limited and allocated on a first-come, first-served basis. Requirements and availability may be updated throughout the year. We strongly recommend contacting our team to verify your eligibility and confirm current program status before applying.