Traci Pollock, of the Miami-Dade Economic Advocacy Trust, hit the target in the the Aug. 26 Business Monday story in throwing a spotlight on the help that’s available to prospective homebuyers from Trust’s Homeownership Assistance Program (HAP).
Most people don’t know that the program exists, nor do they know that it helps more people than many might think. Families making as much as 140 percent of Miami-Dade’s median income — or $93,000 a year — and with credit scores as low as 620, can qualify for the program and get into decent homes for around $150,000.
That means as much as 70 percent of Miami-Dade’s population, or 1.8 million people, could stand to benefit.
Now is a great time for prospective homebuyers to act.
As founder of The Housing League, a nonprofit developer of affordable housing, I can say that we have never been so busy buying, fixing and selling properties. But that pool is bound to shrink, and the HAP is the best place to start for any family of moderate means interested in buying a home.
Jerry Flick, president,
The Housing League, Inc.