The Miami-Dade County Public Housing and Group Growth (PHCD) has opened functions for the Dream Properties Lottery. This initiative affords aspiring householders an opportunity to buy certainly one of two out there houses situated at 15300 SW 296 Avenue, Miami, FL 33033. Every house options 4 bedrooms and a pair of baths, with sizes of 1,813 sq. ft and 1,777 sq. ft, respectively. The appliance interval runs from July 24 to August 7, 2024.
“At this time, we take a big step in direction of empowering our group by offering extra alternatives for homeownership,” mentioned Miami-Dade County Mayor Daniella Levine Cava. “The Dream Properties Lottery exemplifies our dedication to creating Miami-Dade County a spot the place everybody can obtain their desires.”
District 8 Commissioner Danielle Cohen Higgins emphasised, “This initiative is a gateway to homeownership and an vital funding in the way forward for our households and neighborhoods. By fostering alternatives for residents to personal their houses, we’re constructing stronger, extra resilient communities.”
This lottery gives certified candidates with a chance to safe their dream house by a good and clear choice course of. people can apply on-line beginning July 24 at 8 a.m. (Jap Time). Please notice that just one utility per particular person is allowed; any false data will lead to disqualification.
Key Data:
– Commercial –
- Software Interval: July 24, 2024, at 8 a.m. to August 7, 2024, at 11:59 p.m. (Jap Time).
- Software Technique: On-line submissions solely; no paper functions might be accepted.
- Choice Course of: All functions submitted in the course of the open registration will enter a computer-generated random choice course of. Efficiently certified candidates will obtain a affirmation quantity.
To find out eligibility, candidates can take a self-assessment and seek advice from the widespread questions part on our web site. We intention to assist make homeownership in Miami-Dade County a actuality for certified people.
Eligibility Standards:
- Minimal credit score rating of 580.
- Family earnings at or beneath 120% of the realm median earnings.
- Employment for not less than two years or equal earnings supply.
- Dedication to make use of the house as a main residence for the 20-year management interval.
- Availability of a 3% down fee (roughly $11,820).
Lottery Pointers:
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- Ten certified candidates might be chosen. These chosen from the ready checklist might be contacted to proceed with financing.
- Candidates should full an 8-hour Homebuyer Schooling Course and safe financing inside 45 days.
“The Dream Properties Lottery isn’t just about homes; it’s about creating houses and strengthening households,” mentioned Director of PHCD Alex R. Ballina. “We’re excited to supply this opportunity to candidates and stay up for working with aspiring householders in our group.”
Be part of us in making the dream of homeownership come true in Miami-Dade County! For more details and to apply, please visit www.miamidade.gov/housing/dreamhomes.
For cheap lodging, individuals with disabilities can contact the PHCD Infill Housing Homeownership Program at (786) 469-4226 between 8:00 a.m. and 5:00 p.m., Monday by Friday, excluding holidays. About Miami-Dade County Public Housing and Group Growth:
Public Housing and Group Growth (PHCD) is devoted to offering reasonably priced housing options and bettering the standard of life for residents in Miami-Dade County. PHCD administers a wide range of federal, state, and native funding packages to help housing growth, rehabilitation, homeownership, and group companies.
