Affordable Housing

As investors target Miami’s higher ground, community advocates urge Black homeowners to hold onto property and generational wealth

Union leaders, citing local rents now averaging more than $3,100 per month, said the economic pressures facing South Florida families have reached a tipping point.

As the costs of housing, food, and transportation continue to rise in Miami, many Florida International University students say that managing their education while covering everyday expenses is becoming increasingly challenging.

An interfaith coalition called Miami PACT pushed leaders from Miami-Dade County to pledge specific actions to tackle the needs of Miami's low-income residents.

New development will include museum, healthcare services and STEM programs

According to a new report from Redfin, Miami, West Palm Beach and Jacksonville metro areas continue to dominate the country in cash-heavy transactions, even as high mortgage rates begin to stabilize.

With shovels in hand, city and county officials pressed their spades into the sandy soil of Allapattah on Friday afternoon, marking the start of construction for a mixed-income workforce and affordable housing community rising just west of downtown Miami.

Faith leaders across the county, led by BOLD Justice, held a news conference Tuesday morning in downtown Fort Lauderdale to raise awareness of the countywide affordable housing shortage. They say only one in four families in Broward County can afford a place to live.

Shared homeownership isn’t new, but who’s doing it, is. As prices surge, more first-time buyers are turning to friends to afford a home.

Peter Gutierrez, 21, has lived in Cutler Bay for much of his life, but when he reached adulthood, he began to question whether Miami was where he wanted to settle down.

Florida’s cost of living hit record highs in 2024, and young adults are feeling it the most. Rent keeps going up, wages aren’t keeping pace, and affordable options are hard to find. For many, living at home isn’t about a lack of ambition, it’s simply the only thing that makes financial sense.

On "The Florida Roundup," an FSU director describes how Florida's housing has become "increasingly unaffordable," why the issue is more complex than it seems and more.