METHODOLOGY FOR CALCULATING AMI AND RENT LEVELS

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

Miami-Dade County Board of County Commissioners (BCC) is considering a resolution directing the County Mayor or designee to report on the methodology used by the U.S. Department of Housing and Urban Development (HUD) to calculate Area Median Income (AMI) for Miami-Dade County. The report will assess current HUD methodology, its shortcomings, potential barriers to affordable housing access due to the current AMI calculation, compare HUD's AMI with other estimates, and evaluate alternative methodologies. The AMI is crucial for determining eligibility for various national, state, and local housing programs, including Section 8, public housing, low-income housing tax credits, and Miami-Dade County's own affordable housing initiatives. The resolution aims to ensure the accuracy and reliability of AMI calculations for these programs, especially in areas with high costs of living or inflation. The report is due within 90 days of the resolution's effective date.