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Aspiring homeowners, listen up: Now could be your chance.
An initiative is making it possible for low-income residents to purchase one of two homes in Miami-Dade County at an incredible steal and with a surprisingly low down payment.
The program is a lottery and residents must meet certain criteria to apply.
Miami-Dade County Public Housing and Community Development announced the opening of applications for the Dream Homes Lottery. The initiative offers aspiring homeowners a chance to purchase one of two available homes located at 15300 SW 296th Street in Miami.
Each home features four bedrooms and two baths, with sizes of 1,813 square feet and 1,777 square feet, respectively. The purchase price is $394,000.
“To place it into context our median home value in Miami-Dade county is close to $600,000 — many families individuals young find that median price to be an impossible goal to attain,” said Commissioner Danielle Cohen Higgins.
Cohen Higgins, who represents District 8, said the Dream Homes …
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