The City of North Miami Beach Economic Development Department will Offer Qualifying Residents Mortgage and Rental Assistance

By Susset Cabrera

NORTH MIAMI BEACH, FL — The City of North Miami Beach Economic Development Department will launch a Mortgage and Rental Assistance Program to assist homeowners that are experiencing difficulties paying their mortgage or rent. Applications will only be available on Monday, April 25, 2022, and must be picked up in-person at the NMB Economic Development Department from 9 a.m. to 4 p.m., 17050 NE 19th Avenue, North Miami Beach, FL 33162).  This program will benefit residents who reside in North Miami Beach by preventing foreclosures or evictions. To receive an award up to $7,500, residents must qualify for the program and meet the following criteria before completing an application:

Mortgage & Rental Assistance Program Requirements

Must be a North Miami Beach resident with home located in North Miami Beach.

Total household income does not exceed 80% of the area median income.

Proof of financial hardship (loss of income, loss of employment, etc.).

Proof of current income (2 months most recent paystubs and 6 months bank statements).

(Mortgage) Homeowner-ship documents: Warranty Deed, Homestead Exemption, Quit-Claim Deed, or Tax Records, (copy of homeownership document must show the applicants and co-applicant names if any; address of the property listed on the deed must be located within City of North Miami Beach limits and homesteaded).

(Mortgage) Proof of Mortgage being current and not past due more than three months to date unless a forbearance agreement is in place.

(Rental) Proof of property rental such as rental agreement or residential lease agreement.

(Rental) Proof of being current on rent and not past due more than two months to date.

Applications will only be available on Monday, April 25^th, and will be distributed to residents on a first come, first served basis while supplies last. For additional information, contact the City of North Miami Beach at (305) 948-2900. To request an interview with Joann A. Milord, Director of the Economic Development Department, email Susset Cabrera at susset.cabrera@citynmb.com.