Commissioner Natalie Milian Orbis Resolution Expanding Condo Homeownership Opportunities Passes

The Miami-Dade County Board of County Commissioners today passed legislation sponsored by Commissioner Natalie Milian Orbis supporting the Federal Housing Finance Agency’s decision to eliminate burdensome condominium lending requirements that disproportionately impacted Florida homebuyers.

Beginning August 3, 2026, qualified condominium buyers in Florida will once again be able to access traditional national lending terms with down payments as low as three to five percent, instead of the previous 25 percent requirement many buyers faced.

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