William McCormick and his staff had been trying to recruit professors to Florida Memorial University, the only historically Black university in South Florida, but ran into an issue: new hires couldn’t find affordable housing.
“Even when we interviewed qualified candidates, they would accept the job, but then they couldn’t find proper housing,” McCormick, FMU’s interim president told the Miami Herald. “So we didn’t get quality hires on board because they just couldn’t afford to find some place to stay.”
The average salary for an employee at Florida Memorial is $77,611, according to Salary.com, a website that contains compensation data, but the median cost of a home in Miami Gardens, where FMU is located, is more than $530,000, according to Zillow, and the average cost of rent is $3,000.
Read more at: www.miamiherald.com
