Becoming a homeowner is one of the most powerful steps toward long-term financial stability — and for many buyers, the biggest barrier is the upfront cost. That’s why we’re excited to share a new opportunity designed to make homeownership more accessible for moderate-income households purchasing in the vibrant community of City of Miramar.
💰Up to $30,000 in Down Payment Assistance!
The Miramar Moderate-Income Down Payment Assistance Program (MIMA) offers eligible first-time homebuyers ⬇️
✅ Up to $30,000 in financial assistance
✅ Support for down payment and/or closing costs
✅ A deferred loan of up to 10% of the purchase price
✅ Assistance for homes located within Miramar city limits
This program is designed to reduce upfront barriers and help qualified buyers move forward with confidence.
➡️ Who Is Eligible?
To participate in the program, applicants must meet the following basic requirements:
• Must be a first-time homebuyer (no homeownership within the past 3 years)
• Must be a U.S. citizen or legal resident
• Household income must not exceed $165,000
• Buyer must contribute at least 1% of their own funds toward the purchase
These guidelines help ensure assistance reaches households ready for sustainable homeownership.
🏠 Eligible Properties
Homes purchased with assistance must meet program standards:
• Property must be located within the City of Miramar
• Home must be used as a primary residence
• Investment or rental properties are not permitted
• Eligible property types include:
- Single-family homes
- Townhomes
- Lender-approved condominiums
🖊️ How to Begin the Pre-Application Process
Interested buyers can start by submitting two required documents:
1️⃣ A mortgage pre-approval letter based on income (City assistance cannot be included in this pre-approval)
2️⃣ A fully executed purchase and sale contract for a qualifying Miramar property
Once these documents are reviewed and accepted, applicants will be invited to complete the full application and income certification process.
🔑 Supporting Your Path to Homeownership
Programs like MIMA help bridge the gap between renting and owning by making home purchases more attainable for working households. With structured financial support and clear eligibility standards, buyers can take meaningful steps toward building equity and stability.
✅ For guidance through the process or to learn more about eligibility, Housing Foundation of America, Inc. is here to help you navigate each step with confidence.
Register for a FREE HUD-Certified Home Buyer Workshop
Schedule an appointment online with a Housing Counselor
📞 Call Us: 954-923-5001
📧 Email: HFAToday@gmail.com
📲 Text: DAP to 85100
🌐 Visit: www.homeapproved.org
📲 Download the Housing Foundation Home Search App — FREE on the App Store and Google Play. Get Priority Down Payment Assistance Alerts, view available listings, and stay one step ahead on your path to homeownership.
✅ Follow us on social media @hfoainc for updates!