Eliminating Housing Instability in Miami
The Miami area has the highest percentage of working households spending more than half of their income on housing costs in the nation. At the current rate that we are building affordable housing, it would take more than 200 years before we could end housing insecurity in this country.
Tri-county South Florida region has the nation’s heaviest rent burden among major metro areas.
Did You Know?
Access to affordable housing isn’t the only challenge. Miami ranks last in economic mobility in the nation.
However, each year a child spends in a neighborhood with more opportunities – as opposed to a high-poverty neighborhood – increases her chance of going to college, decreases her chances of becoming a single parent and increases her expected earnings as an adult.