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Miami-Dade County’s Housing and Community Development (HCD) recently announced a temporary pause to its Condominium Special Assessment Program.
The pause, which became effective Aug. 5 with plans to relaunch in early 2026, will allow for a comprehensive refinement of the program structure and application process to better meet high demand and address the evolving needs of the community — particularly for senior residents.
“This program has helped hundreds of residents stay in their homes and ensure their buildings meet critical safety standards,” Miami-Dade County Mayor Daniella Levine Cava said. “By refining and strengthening the application process, we’re making sure we continue to serve our most vulnerable residents — especially older adults — with fairness, efficiency, and dignity.”
The Condominium Special Assessment Program was created to assist condominium owners with the financial burden of repairs and rehabilitation required under building integrity recertification laws. Prior to the pause, qualifying homeowners could receive up to $50,000 in assistance, provided in the form of a low-interest loan, structured to minimize financial strain.
“The temporary pause will allow us to recalibrate the program and ensure it is aligned with the evolving needs of our residents and the long-term resiliency of our communities,” said Nathan Kogon, AICP, director of Housing and Community Development.
Program overview (prior to the pause)
The program was designed to assist low- to moderate-income condominium owners with repair costs and included the following key elements:
Loan assistance of up to $50,000 for rehabilitation or repairs related to recertification.
The home must be a primary residence; investment properties were not eligible.
Loan terms (prior to the pause):
• Low-income households: $50/month payment, with remaining balance due at maturity.
• Moderate-income households: 0 percecnt interest over 40 years.
• Income eligibility: Up to 140 percent of the Area Median Income (AMI).
• Example: Individuals earning less than $121,520; couples earning less than $138,740; three-person households earning less than $156,100; four-person households earning less than $173,460.
• Cash assets exceeding $50,000 required a contribution of up to 10 percent toward the loan.
• Funds were paid directly to the Condominium Association.
• Sale, refinance, or change in occupancy status would trigger loan repayment.
• Upon the homeowner’s death, the loan would become due unless heirs both qualified and assumed residency.
• Required documentation included the Scope of Work, condominium budget, and condo questionnaire.
Mortgage and HOA fees had to be current.
Semi-annual reports from the condominium association were required.
Miami-Dade County remains committed to housing stability, public safety, and community resilience. Additional updates on the program’s relaunch and revised guidelines will be shared with the public and stakeholders in the coming months.
For additional information, visit miamidade.gov/housing. Should you have any questions, send email to condoassessment@miamidade.gov.
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