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Benefits of the Multifamily Mortgage Revenue Bond Program
Housing Finance Authority of Miami-Dade County: HFA Miami is committed to tackling the urgent challenge of affordable housing shortage in Miami-Dade County. Through the Multifamily bond program, we employ strategic financing, acquisition, construction, and rehabilitation endeavors aimed to forge sustainable solutions that ensure equitable access to affordable housing for all residents. Additionally, the multifamily program provides low interest financing to housing that will result in affordable housing. In partnership with our community stakeholders, we strive to build a future where every individual can thrive in the comfort and security of their own home.
Encourages the acquisition, construction, renovation and rehabilitation of multifamily projects.
Provides bond financing for qualified multifamily rental housing developments which meet the goals of the HFA and comply with applicable federal and state laws.
The HFA’s MMRB program can be combined with multiple sources of funds which must be coordinated by the Developer.
Application for Multifamily Rental
Housing Bond Financing – 2024 Edition
To download the application(s) for Multifamily Rental Housing Bond Financing, please provide us with your name, email, and company name. We do not anticipate any changes to this application, however, should there be any changes we would like to be able to contact you as soon as possible. The other optional fields will allow us to cross-reference your information with our records, and enable us to e-mail you any other information should it become available. Once you press send, a new window will open with the link to download the application.
Architectural Design and Review Advisory Committee (ADRAC)
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The ADRAC mission is to increase the aesthetic quality and livability of affordable housing financed by the HFA. ADRAC is a standing committee of community volunteers with professional architectural credentials and expertise. The Board of the Housing Finance Authority appoints committee members.
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Members review developers’ construction plans to determine the degree to which high quality standards are incorporated into their proposed projects. ADRAC’s review requires a “passing grade” of 80% to receive a positive recommendation to the HFA Board.
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You can download the book below at no cost. Please note that the file is large and may take some time to download.