METHODOLOGY FOR CALCULATING AMI AND RENT LEVELS

Housing Committee · 2026-06-09 · resolution

This legislative matter is a resolution directing the Miami-Dade County Mayor or designee to provide a written report assessing the methodology used by the U.S. Department of Housing and Urban Development (HUD) to calculate Area Median Income (AMI) for Miami-Dade County and to explore potential alternative methods. The report will evaluate the current HUD methodology's benefits and shortcomings, identify barriers to affordable housing due to the current AMI calculation, compare HUD's AMI with other estimates, and assess alternative methodologies like using wage index or median weekly earnings data. The resolution notes that the AMI is crucial for eligibility in various national, state, and local housing programs, including those specific to Miami-Dade County. The current AMI for Miami-Dade County for all families is $89,800.00, and for a family of four is $136,200.00 as of May 2026. The report is due within 90 days of the resolution's effective date.