This Secret Could Save Miami Developers Thousands. How She Built a $2M Housing Company. Why Miami Can’t Build Housing Faster?

This Secret Could Save Miami Developers Thousands. How She Built a $2M Housing Company. Why Miami Can’t Build Housing Faster?
Miami Affordable Magazine is a community-based publication dedicated to making housing information accessible, actionable, and empowering for all Miami residents.

Welcome to Miami Affordable Magazine—the only news outlet focused exclusively on affordable housing in Miami-Dade.

In a region where housing is becoming increasingly out of reach, the stakes couldn’t be higher. Miami-Dade now ranks among the least affordable metro areas in both Florida and the entire United States, according to a September analysis by real estate firm Redfin. And for many residents, that reality is already reshaping where—and whether—they can live.

Our first story is about the development pressure in Little Haiti that's accelerating — but a new program is trying to change the outcome. It’s giving local property owners the tools to stay, build, and compete in a neighborhood where many fear they’re being pushed out.

Read more here: https://www.miaaffordablemagazine.org/miami-developers-can-save-thousands-but-few-know-about-this-program/

Joann Milord, president and CEO of Little Haiti Revitalization Trust, said one of the Trust’s missions or goals is to create affordable housing units. (Billy Jean Louis/Miami Affordable Magazine)

Our second story is about maritime lawyer Donnise Webb whose affordable housing company's portfolio is now worth $2 million, with expansion plans in cities like Cleveland and Atlanta. She says success comes down to simple math—buy low-cost homes, keep mortgages small, and rebuild value through rehab.

Read more here: https://www.miaaffordablemagazine.org/inside-the-2m-affordable-housing-company-she-built-from-the-ground-up/

Donnise Webb said the idea to tackle the affordable housing crisis in Miami through co-living came to her about six years ago while listening to a podcast, a concept where landlords can choose to renovate their property after purchase to add more rooms or leave it as is and rent the rooms individually to multiple people. (Billy Jean Louis/Miami Affordable Magazine)

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Finally, Mayor Eileen Higgins says Miami’s permitting process is “very slow” and needs urgent reform. She’s now launching a task force aimed at speeding up approvals across the city.

Read more here: https://www.miaaffordablemagazine.org/slow-permits-delay-housing-miami-mayor-higgins-says-thats-about-to-change/

Miami City Mayor Eileen Higgins said the revamped permitting process — which she said will take time to implement — will use computer-assisted technology to streamline approvals for smaller projects like single-family homes.