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. As of May 2026, the AMI for Miami-Dade County for all families is $89,800.00, and for a family of four is $136,200.00. The AMI is crucial for determining eligibility for various housing programs, including the Housing Choice Voucher program, public housing, and properties financed with low-income housing tax credits and tax-exempt housing bonds. The resolution also requires an assessment of how many low-income households may face barriers to affordable housing due to the current AMI calculation and a comparison of HUD's AMI with other reliable estimates. The report should also evaluate alternative methodologies, such as using a wage index or median weekly earnings data.