Florida Programs

Government Grants & Incentives for Real Estate Investors in Miami

Miami offers investors a unique combination of no state income tax, high Fair Market Rents, and active community redevelopment agencies. The city's LIHTC pipeline is robust, and several local programs provide gap financing for affordable housing development.

67 designated tracts (Miami-Dade County)
Opportunity Zones
$1,850
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

Florida Housing Finance Corporation

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Public Housing Authority

Miami-Dade Public Housing and Community Development

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Local Programs

Miami Government Incentive Programs

These programs are available specifically to investors and developers in the Miami, FL market.

Miami-Dade Surtax Program

Documentary surtax revenue funds affordable housing development, including loans to developers at below-market rates.

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Florida SAIL (State Apartment Incentive Loan)

Low-interest loans to developers of affordable multifamily housing, often combined with LIHTC.

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Miami CRA Incentives

Community Redevelopment Agencies in Overtown, Wynwood, and Omni provide TIF-funded incentives for mixed-use and housing projects.

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Florida SHIP Program

State Housing Initiatives Partnership provides funds to local governments for affordable housing production and rehabilitation.

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LIHTC Tax Credits in Florida

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Florida, credits are allocated by Florida Housing Finance Corporation.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

Florida Allocator

Credits are allocated by Florida Housing Finance Corporation through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View Florida Housing Finance Corporation LIHTC Program
Investor Tips

Why Invest in Miami?

No state income tax maximizes after-tax returns on LIHTC investments

Miami-Dade has 67 Opportunity Zones — the most in any Florida county

Extremely high Section 8 payment standards due to housing costs

CRA districts offer significant TIF incentives for redevelopment

Finance Government-Incentivized Properties in Miami

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Miami.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Miami's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Miami

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