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Kevin Greiner, a fellow at FIU’s Jorge M. Perez Metropolitan Center that created the affordable housing report, said the finance corporation was actually suggested by city staff to make the process more efficient. “The issue going forward is one of scale, we need to ramp it up,” he told the commission.
Miami is among the least affordable cities in the U.S., and needs to build or rehab 32,000 residential units over the next 10 years to help alleviate its affordability crisis, according to a new report from Florida International University. City of Miami commissioners will convene a meeting to focus on recommendations from FIU’s Affordable Housing Master Plan, as well as other options at a special meeting later this month.
In 2002, prior to Miami 21’s passage, FIU’s Metropolitan Center released a study advocating the transformation of an old railyard into a complex of residential towers with retail and office mixed in as a means to promote economic development. The result was Midtown Miami, and Ned Murray contends it helped spark the revival of Wynwood, Edgewater, and the Design District. At the time, affordable housing wasn’t an issue, but that changed “very quickly” with the onset of Miami’s housing boom in 2004
Ned Murray, associate director of Florida International University’s Jorge M. Pérez Metropolitan Center, presented aspects of the plan. Murray believes the affordable housing master plan created for Miami is a model for the entire country and is very doable. The ones that exist are aspirational, Murray said.
The City of Miami ordered a study about a year ago to help solve its housing affordability crisis, and that plan was released this week by the Jorge M. Perez Metropolitan Center at FIU.
The Miami Affordable Housing Master Plan, a radical 10-year road map to address the housing affordability crisis of the 470,000 residents of the City of Miami, was finally unveiled on Wednesday to a mostly positive response.
If Miami’s political leaders are serious about solving the city’s growing affordability crisis, here’s what a sweeping new plan to be unveiled Wednesday says they need to do: Create a bank to finance affordable housing construction and renovations, streamline permitting and tweak zoning, then get small and mid-size developers churning out 3,200 units of housing every year for 10 years — a scale and pace that the plan’s authors call “unprecedented.”
The public is invited to attend a City of Miami Sunshine Meeting from 10:30 a.m.-1:30 p.m. at Miami City Hall, 3500 Pan American Drive. City commissioners and their staff will review the Miami Affordable Housing Master Plan prepared by the Florida International University Jorge M. Perez Metropolitan Center that lays out a 10-year strategy to address the area’s affordable housing shortage.
In 2019, we benefited from the generosity of some of our institution’s biggest champions, with philanthropic donations to our School of Music, the Metropolitan Center and for degree completion, among other things. And our Ignite program reached new heights with over 80 percent of FIU employees donating to worthy FIU programs.
“Every data source we use is legitimate. While we consider ourselves data experts, we rely on the U.S. Census. That’s not unheard of to have two districts with the same median household income; that’s U.S. Census data at the block group level, not FIU,” Murray said.
Affordable housing continues to concern Miami-Dade County and the City of Miami. Both are working with the Florida International University Jorge M. Pérez Metropolitan Center to consider options as housing prices increase beyond the reach of most locals.
After nearly five hours of deliberation and public testimony, the Miami Affordable Housing Master Plan took another small step closer to fruition Friday after City of Miami commissioners voted 5-0 to accept the study’s findings. But the commission stopped far short of adopting and implementing the detailed plan, which lays out a 10-year strategy to build or preserve 32,000 affordable housing units within the City of Miami limits.