METHODOLOGY FOR CALCULATING AMI AND RENT LEVELS

Board of County Commissioners · 2026-07-21 · 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 exploring potential alternative methods. The report will evaluate the current HUD methodology's benefits and shortcomings, assess barriers to affordable housing due to the current AMI calculation, compare HUD's AMI with other estimates, and analyze alternative methodologies such as using wage index or median weekly earnings data. The resolution acknowledges that the AMI is crucial for eligibility in various national, state, and local housing programs, including those specific to Miami-Dade County like the Infill Housing Initiative and Workforce Housing Administration. The current AMI for Miami-Dade County for all families is stated as $89,800.00, and for a family of four, it is $136,200.00 as of May 2026. The report is due within 90 days of the resolution's effective date.