Miami-Dade County is relaunching its Condominium Special Assessment Loan Program, a housing assistance initiative aimed at helping condo owners cover the rising costs of mandatory building repairs and safety upgrades.
The programme, administered by Miami-Dade County Housing and Community Development, will reopen on June 1, 2026, with about $15 million in available funding to support residents facing special assessments tied to structural repairs and recertification requirements.
County officials said the relaunch introduces a fully digital application system designed to streamline access, improve transparency and reduce paperwork. The shift is part of Miami-Dade’s broader WISE305 initiative, which focuses on modernising public services through technology.
“This program has been a lifeline for residents, helping thousands of condo owners remain safely in their homes while ensuring their buildings meet critical safety standards,” said Miami-Dade County Mayor Daniella Levine Cava. She said the updated system is intended to make it easier for residents—particularly seniors—to apply and track assistance with greater efficiency.
Since its launch, the programme has provided more than $55 million in assistance, helping condominium owners manage costly repairs required for safety compliance. Officials say the renewed funding will expand that impact as buildings across the county continue to undergo structural inspections and upgrades.
The updated system will be accessible exclusively online through the county’s resident portal, allowing applicants to submit documents, apply for assistance and monitor their status in one platform. The application window will run from June 1 through June 30, with priority given to residents aged 62 and older.
Loan terms include up to $50,000 per unit, with 0% interest available for eligible households and repayment structured around affordable monthly payments. Income eligibility extends up to 140% of the Area Median Income.
Nathan Kogon, director of Housing and Community Development, said the programme strengthens both service delivery and housing resilience. “The relaunch of this program allows us to enhance how we serve residents while continuing to support the long-term safety and resiliency of our condominium communities,” he said.
The county says the initiative is intended to ease financial pressure on homeowners while ensuring buildings remain compliant with safety standards, particularly in older condominium communities facing large-scale repair demands.
Residents can apply through the county’s housing portal or contact the Housing and Community Development department for assistance with eligibility and technical support.
