Public Notice - Notice of Funding Availability (Posted 10-04-2021)
CITY OF MIAMI
NOTICE OF FUNDING AVAILABILITY
SHIP FISCAL YEAR 21-22
Pursuant to Section 420.9075(4)(b) of the Florida Statutes, the City of Miami’s Department of Housing & Community Development (DHCD) will accept applications from income-eligible households, as noted annually based on County and household size at www.floridahousing.org/owners-and-managers/compliance/income-limits, for programs funded by the State Housing Initiative Program (SHIP). The SHIP funds will be utilized for the strategies indicated below under the DHCD’s Local Housing Assistance Plan for FY21-22, found at www.miamigov.com/Government/Departments-Organizations/Housing-Community-Development/Plans-and-Reports.The total funding being received from the State is no less than $2,088,211.
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Strategy
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Max. Amount of Assistance
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Max. Value of Housing
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Single Family Emergency Rehabilitation Program
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$20,000.00
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$331,888
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Single Family Rehabilitation Program*
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$50,000.00
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$331,888
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Replacement Home Program
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$150,000.00
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$331,888
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First-time Homebuyer Program
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Up to $86,020 based on bedroom count
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$318,000 (for existing or new construction homes)
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*Note: Program noted above with a * has an existent waitlist.
Applications will be available starting Monday, October 25, 2021, until funds are exhausted, both online at www.miamigov.com/Housing-Assistance-Recovery/Home-Ownership, and at the DHCD office, 14 NE 1 Ave., Second Floor, Miami, FL 33132. To be eligible, the property to be rehabilitated or purchased must be located within City of Miami limits. All applications will be funded on a first come, first ready, first served basis, subject to the availability of funds. Send questions to Sergio Garcia, Principal Housing Specialist, 305-416-2080, at 14 NE 1 Ave., 2nd Floor, Miami, FL 33132, or via e-mail to sergiogarcia@miamigov.com. Ad#18938.