The City of Miami opened the application period for the new Miami Forever Bond-funded Homeownership Preservation Program (HPP) on April 1. The program offers assistance of up to $70,000, to income-eligible homeowners within City of Miami limits seeking to repair the exterior envelope of their homestead property to better withstand storms while maximizing energy efficiency.
The assistance can be used to repair or replace the roof, windows and/or doors (exterior facing) of eligible residences, which include single-family homes, townhomes, twin homes and condominiums that are owner-occupied (homestead exemption). The property’s most recent assessed market value cannot exceed $400,000, and the household must qualify as 140% Average Median Income (AMI) or below based on household size and income standards, provided annually by the U.S. Department of Housing and Urban Development (HUD).
The City of Miami is accepting applications for its Homeownership Preservation Program through Friday, April 30. Applications are available for downloading and printing in English, Spanish & Creole at https://www.miamigov.com/Residents/Housing/Homeownership-Preservation-Program
For more information call 305-416-2188.