A new mortgage relief program in Miami-Dade will help those struggling to pay their monthly payments. The announcement was made today by Mayor Daniella Levine-Cava along with other commissioners a year after declaring an affordable housing crisis in the county.
Although there are certain requirements, all Miami-Dade residents who are struggling to pay their home loan are eligible and will receive a payment of $1,500.
The announcement of the new mortgage relief program was made this month to raise awareness for fair housing in Miami-Dade, “where we live in very difficult times of affordability. A year ago we announced the crisis and the programs to help so many people, but the rent and the price of buying a house continue to increase,” explained the mayor.
It’s all part of an initiative that includes various relief programs and was launched a year ago when it was announced that Miami-Dade was facing an affordable housing crisis.
Kevin Cabrera, Miami-Dade Commissioner for District 6, explains that “particularly in South Florida, and what we are announcing today is an expansion of the county’s Homes program. It’s about giving people some kind of relief to pay their mortgages.
Mayor Daniella Levine-Cava assures that the motive is “to avoid evictions, we have helped 28,000 families so far, we are building 32,000 new homes and helping to pay the rent for thousands of people”.
The mortgage relief program has $23 million in federal funds. About 15,000 families could receive a $1,500 payment that they can use to catch up on mortgage payments, home insurance and other expenses.
“This $1,500 can be used for the late fee For associations, this is something that a lot of people have suffered from for a long time, ”explains Roberto González, Miami-Dade commissioner for District 11.