Who is eligible?
• Miami Beach home and condominium owners
who have resided in their property for at least 180 days
prior to application and earn less than 80% of Area Median
Income as defined by HUD, adjusted for family size.
•Income Limits by Family Size:
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
27,000 |
30,850 |
34,700 |
38,550 |
41,650 |
44,750 |
47,800 |
50,900 |
• If property has not received rehabilitation
assistance from the City of Miami Beach within the last 5
year
• Property needs repairs to meet the decent,
safe and sanitary housing standard of the South Florida ,
Miami-Dade County , and the City of Miami Beach Building
Codes .
How it works:
- Repairs must include rehabilitation to bring the property
up to all applicable local building codes and housing standards.
- May correct potential violations of code including all
physical conditions of the property which, if not repaired,
would in all likelihood deteriorate with in two years to
the point where local building codes and housing standards
would be violated.
- Funding includes the cost of building permits, related
fees and appraisals required to carry out the proposed
rehabilitation.
- Participants may receive up to $15,000 in City of Miami
Beach Community Development Block Grant funding.
- All homes that receive assistance under this program
will have a five year lien placed on the property by the
City of Miami Beach for the actual cost of rehabilitation
and every year, the amount of the lien will be reduced
by 20% and to be fully discharged after five years. The
owner must agree to reside in the property as their principle
residence for the duration of the lien.
- MBCDC will administer the process from start to finish:
- Application & Verification
- Site Inspection and Appraisal Reports
- Title Search
- Define Scope of Work, Get Bids, Select Contractor
- Schedule Owner & Contractor Meeting at MBCDC
- Prepare Work Order and Sign Contract
- Obtain Condo Approval and Building Permit
- Start Construction
- Monitor Construction Process
- Final Inspections
- Prepare and Submit File for Payment
- Other rules and conditions apply
For more information please contact the Housing
Department at 305-538-0090.
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