Low, moderate or middle income families can afford rental housing provided by HFA's Multi-Family Rental Program. Developers of multifamily housing receive low interest rate loans to produce new or rehabilitated housing and they agree to provide rents at rates affordable by families or persons of low and moderate income.
How To Qualify
To see if your family qualifies, look at the 2008 Income Limits Chart
Each development financed through our programs is privately-managed and their staff processes all applicants at their location. The rental application process requires that each renter must submit standard qualification information such as: proof of income and employment, rental history, and other credit and personal information.
About the Multifamily Rental Housing Revenue Bond Financing Program
The Authority was created for the purpose of addressing a housing shortage in Miami-Dade County by stimulating the construction and rehabilitation of housing through the use of public financing.
The Authority has issued an aggregate principal amount of over $803 million in revenue bonds for the purpose of financing and refinancing multi-family rental housing projects for low, moderate or middle income families. Developers receive low-interest loans to produce affordable housing.
To date, the Authority has financed 74 multi-family projects within Miami-Dade County, 47 of which are currently active.
More on the Bond Program for developers >>
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