Connect Capital: Miami, FL

Led by the city, the Miami team focused on the urgent need to create and preserve affordable housing in Miami. The team set a goal of preserving or developing 12,000 units of affordable housing in the city and county over five years. Their work ultimately had a significant impact on the Miami-Dade Affordable Housing Framework (July 2020), which uses the capital absorption framework to frame a new ambitious goal of producing or preserving 210,000 affordable housing units in the county by 2030. As well as laying the groundwork for a more aligned and collaborative approach to affordable housing, the team also created an innovative catalytic loan fund, with support from the Knight Foundation and the city, that is intended to help small housing developers with pre-development costs.

Transforming investment in communities

center for community investment and lincoln institute of land policy logos

CCI is supported by the Robert Wood Johnson Foundation, The Kresge Foundation, JPMorgan Chase & Co, and The California Endowment.

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