Little Haiti among most distressed neighborhoods in Miami in 2015
Here is the map of Miami showing Little Haiti among some of the most distressed neighborhoods in Miami in 2015.
In last May, the Miami-Dade Board of County Commissioners requested Florida International University's Metropolitan Center to prepare a community-based prosperity strategy for Miami-Dade County. The study must involve a comprehensive analysis of the economy to get into the root cause. As per the plan, the intended strategy would include a feasibility analysis of five pilot programs designed to build wealth in the distressed neighborhoods other than providing an immediate external robust look. The five initiatives proposed and analyzed in the report, which could possibly have the greatest impact in terms of wealth building, were, (a) Social Enterprise Incubators & Accelerators; (b) Community Land Trusts; (c) Community Benefits Agreements; (d) Children's Savings Accounts; and (e) Employee-owned Business Cooperatives. The glooming economy of the Haitians residents in Little Haiti is evident from a simple economic indicator: the average annual household income of Little Haiti residents is only $13,381 compared to the area mean income of $43,100!