Public Notice - Notice of Funding Availability (Posted 10-3-2024)
CITY OF MIAMI
NOTICE OF FUNDING AVAILABILITY
SHIP FISCAL YEAR 24-25
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 in Fiscal Year 24-25 as detailed in the DHCD’s Local Housing Assistance Plan for Fiscal Years 22-25, 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 $2,731,925.
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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 Rehabilitation Program*
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$100,000.00
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$636,806
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Single Family Emergency Rehabilitation Program
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$50,000.00
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$636,806
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Replacement Home Program
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$300,000.00
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$636,806
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First-time Homebuyer Program
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Up to $130,002 based on bedroom count
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$451,000 (for existing homes or new construction homes.
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*Note: Program noted above with a * has an existent waitlist.
Applications will be available starting Monday, November 4, 2024, and will be accepted until funds are exhausted. Applications can be picked up at the DHCD office, 14 NE 1 Ave., Second Floor, Miami, FL 33132, M-F, 8 am- 4 pm or can be requested via e-mail to sergiogarcia@miamigov.com. 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. Questions related to this funding can be directed 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.
In accordance with the provisions of the American with Disabilities Act of 1990, documents referenced here can be requested in an alternate format by contacting 305-416-2080. Ad#18941.