Miami amped up affordable development as Broward, Palm Beach fall short
As South Florida’s decadeslong housing affordability crisis surged in the past few years, developers in Miami took note –– unlike those in Fort Lauderdale and West Palm Beach. In Miami-Dade County, 8,690 affordable units were completed from 2020 through 2024, according to RentCafe, a Yardi Systems-owned apartment listing and research platform. That marks a 97 percent increase from the deliveries in the Magic City from the period from 2015 to 2019. Miami ranked 10th nationwide for the number of affordable units finished, yet affordable housing construction slowed elsewhere in South Florida. In Palm Beach County, 1,069 units were completed from […]This article originally appeared on The Real Deal. Click here to read the full story.
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