METHODOLOGY FOR CALCULATING AMI AND RENT LEVELS

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Board of County Commissioners is directing the County Mayor or designee to provide a written report assessing the methodology used by HUD to calculate Area Median Income (AMI) for Miami-Dade County and exploring potential alternative methods. The report is due within 90 days of the resolution's effective date. The current AMI for all families in Miami-Dade County is $89,800, and for a family of four is $136,200. This AMI is critical for eligibility in various housing programs, including Section 8, public housing, low-income housing tax credits, and local initiatives like the Infill Housing Initiative and Workforce Housing Administration. The resolution aims to ensure the accuracy and reliability of AMI calculations for affordable housing programs, considering potential inaccuracies due to data lag and inflation adjustments. The report will assess current HUD methodology, identify barriers to affordable housing access due to the current AMI, compare HUD's AMI with other estimates, and evaluate alternative methodologies such as using wage indexes or median weekly earnings data.