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 assess 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 evaluate alternative methodologies such as using wage index or median weekly earnings data. The resolution notes that the AMI is crucial for determining eligibility for various national, state, and local housing programs, including Section 8, public housing, and properties financed with low-income housing tax credits. The current AMI for Miami-Dade County for all families is $89,800, and for a family of four is $136,200. The Housing Committee forwarded this to the Board of County Commissioners (BCC) with a favorable recommendation. The report is due within 90 days of the resolution's effective date.