Homeownership Assistance Program
The MDEAT Homeownership Assistance Program (HAP) is designed to increase the number of first-time home purchases for low-to-moderate income residents living in Miami-Dade County. The zero-interest deferred loan provides funding for first-time homebuyers towards down payment and closing costs, making it easier to get approved for a mortgage. Since 1995, the program has funded more than 7,500 families.
- A first-time buyer or have not owned a home or been on the title of a home in the last three years.
- Attend in-person approved Homebuyer Education Course
- Pay at least one percent of sales price or three percent of sales price from your own funds based on income criteria
- Only a new or existing home: single-family detached home, townhome or condo. Foreclosure REOs and short sales are considered on a cases-by-case basis