Miami, FL — The Miami‑Dade County Commission has approved an increase in the maximum amount of county funds that can be invested in Israel Bonds, strengthening South Florida’s economic ties with the State of Israel.
The new measure raises the investment cap from $50 million to $75 million, allowing the county to allocate a larger portion of its portfolio to these secure, government‑backed bonds. Officials highlighted that Israel Bonds have consistently delivered strong returns while supporting Israel’s infrastructure and development projects.
Commissioners emphasized that the decision reflects Miami‑Dade’s long‑standing commitment to Israel and its people. The county has invested in Israel Bonds for decades, viewing them as both a sound financial instrument and a symbol of solidarity with one of America’s closest allies.
Local Jewish leaders praised the move, noting that it reinforces Miami‑Dade’s role as a center of Jewish life and advocacy in the southeastern United States. The investment increase also aligns with similar actions taken by other U.S. municipalities and states that maintain strong partnerships with Israel.
The bonds, issued by the Development Corporation for Israel, fund essential projects in technology, infrastructure, and education, contributing to Israel’s continued economic growth.
Credit: Jewish Telegraphic Agency (JTA) Subscribe to the JFN Website and to the JFN WhatsApp Channel
