Miami, the magic city, is on track to become the next Silicon Valley as the fallout from the COVID-19 pandemic has brought people flocking to South Florida. Florida saw the second highest population growth over any other state in 2020, following Texas, adding over 240,000 new residents in a single year.
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Governor Ron DeSantis Announces $250 Million In CARES Act Funding Allocated For Rental And Mortgage Assistance
Florida Governor Ron DeSantis has announced that the state will allocate $250 million in CARES Act funding to rental and mortgage assistance due to the COVID-19 pandemic shutdown. $120 million of the funds will be allocated to Florida Housing Finance Corp. which will provide rental assistance to households who live in affordable housing rentals within the Florida Housing Finance Corp. portfolio.
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Malls Across Miami Are Reopening Today As Miami Enters Phase 1 Of Reopening From The COVID-19 Shutdown
“Although we live in a city without seasons, this feels like Spring,” said Miami Design District visionary Craig Robins as Miami enters Phase 1 of its reopening plan. As per approval by Governor Ron DeSantis, Miami-Dade and Broward County can begin to reopen as of today, May 18, 2020, following the COVID-19 lockdown that has marred the United States since early March.
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Miami City Commission Approves $6.9 Million To COVID-19 Rent & Utility Assistance For Low-Income Households
The Miami City Commission voted unanimously to approve $6.9 million in rent and utility assistance for low-income residents who recently lost their jobs due to the COVID-19 pandemic. Independent contractors such as realtors are not eligible for the loans, neither are those receiving rental subsidies or are behind on their payments.
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South Florida COVID-19 Update (Last Updated: 3/23/2020)
Unfortunately there is just no avoiding it, COVID-19, also known as the Coronavirus is here in Miami and spreading. The Cities of Miami Beach and Fort Lauderdale addressed the public regarding new measures taken due large spring break crowds and ongoing concerns over COVID-19 outbreak.
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