Miami-Dade County is facing a significant shortage of affordable housing units, with a recent graph indicating a shortfall of 90,000 units for households earning below 80% of the Area Median Income (AMI), which is $75,000. There are currently 14,000 +/- units in the pipeline. Furthermore, the county commission has voted to sell 17 acres of water and sewer land to developer Michael Swerdlow to build a Costco at a price far below the appraised value.
“The county is lacking 90,181 units for households earning below 80% of the area median income, which comes out to about $75,000 a year … Miami-Dade is facing the “largest affordability crisis” in the country …” https://t.co/RToglRjfGy
County selling 17 acres it needs to Costco at big discount A split Miami-Dade commission last week voted to sell water and sewer land to developer Michael Swerdlow to build a Costco at far below appraised value #MiamiTodayNews #Costco https://t.co/OnYVpz8ZkM
This graph by @MiamiHomes4All shows Monthly Rents as a % of AMI & Home Prices The Conclusion: 90,000 Affordable units short in Miami Dade County The county is lacking 90k units for households earning below 80% of AMI (Which is $75k) There are 14,000 +/- Units in the Pipeline… https://t.co/jx7p3Is1XG
BREAKING NEWS: County paying developer to build Ludlam Trail pedestrian bridge The final pedestrian bridge of a series of four spanning the Ludlam Trail pedestrian and bicycle path will be built by a private developer #MiamiTodayNews #LudlamTrail https://t.co/RVbZefnNFS https://t.co/CoHJhK6B2v
A 1% cut in Miami-Dade's countywide property tax represents about $18M in revenue. That's roughly amount of cash ($21M) Miami-Dade would pay for World Cup in 2026 plus another $25M in waived fees-- mainly bills for off-duty police time. https://t.co/UzApSvsKnG