The City of Madison
Inclusionary Zoning (IZ) Program


General IZ Info
Definition and Overview
Policies and Protocols
Madison's IZ Ordinance
Ordinance Evaluation Study
Maximum IZ Sales Prices
Mortgage Calculator (Price Points for IZ Units by Bedroom Size)
Mortgage Calculator (Condo Units)
Maximum IZ Rents
Income Limits

 
Homebuyer Links
Frequently Asked Questions
IZ Homebuyers' Guide
IZ Unit Purchase Income Qualification Form
IZ Income Certification Form
City Option to Purchase
Buyer Promissory Note
Buyer Mortgage Form
Available IZ Units

 
Rental Links
Frequently Asked Questions
Available IZ Units

 
Owner/Developer Links
Inclusionary Dwelling Unit
Plan Application

Owner/ Developer IZ Process Checklist
Non-Profit Certification Form
IZ Unit Sale Notification Form for CD Office
IZ Marketing Notice Letter Format
Sample Legal Documents
Rental Utility Allowances
IZ Unit Purchase Income Qualification Form
IZ Income Certification Form
Developer Certification of IZ Unit Buyer Income
Documentation Checklist
 

Related Links
Frequently Asked Questions
IZ Unit Purchase Income Qualification Form
City Option to Purchase

 
Downpayment Assistance
American Dream (ADDI) Program
HOME-BUY Program

Madison IZ Home
CD Office Home
City of Madison Home

Available IZ Units

In order to purchase or rent an IZ unit, your annual gross household income must be at or below a predetermined level.

  • All IZ units for purchase must initially be marketed to households with less than 80% of Area Median Income (AMI). Some units must be marketed to households with lower AMI levels. The income level for each available unit is specified in the table below.
     
  • All IZ rental units must be rented to households with less than 60% of Area Median Income (AMI). Some units must be rented to households with lower AMI levels. The income level for each available unit is specified in the table below.

"For Sale" list : printer-friendly version

FOR SALE

Below is a list of affordable units in projects approved by the Common Council and where the developer has signed either an Inclusionary Zoning Land Use Restriction Agreement or a financing agreement with the City of Madison.

For additional details about any of these units, please contact the designated individual or agency contact directly. The City does not have further information regarding these units.

LOCATION INCOME #
UNITS
UNIT
TYPE
BDRMS PRICE PROJECT
NAME
CONTACT
Downtown
625 East Mifflin Street
70% and
80%
4 MFC 1BR,
2BR
  The
Colony
Mike Fisher,
Great Dane Development
(608) 836-1152
  • LOCATION: General area of the city (side of town), along with nearby streets or address, if known.
     
  • INCOME: Target income level, stated as a percentage of Area Median Income (AMI). Refer to this income limits table for your family size and allowable income level.
     
  • # UNITS: Total number of IZ units originally available. This may not be the number of units available at the time you contact the owner/developer, as some units may have been sold. We will continue to list all the units until all have been sold, or until the IZ marketing period ends.
     
  • UNIT TYPE: MFC (multi-family condominium), SF (single-family on individual lot), or C (other type of condominium unit).
     
  • BDRMS: Number of bedrooms per unit.
     
  • BEGAN: Date marketing period began for these units.
     
  • PRICE: Sales price (or range) for these units.

Again, for additional details about any of these units, please contact the designated individual or agency contact directly. The City does not have further information regarding these units.

"For Sale" list : printer-friendly version


"For Rent" list : printer-friendly version

FOR RENT

No identified IZ rental units are currently available.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


PDF

Several of our documents are in PDF format. To view these materials, you'll need Adobe Acrobat Reader software, available for free here.


Housing Developers' Toolbox  |  CD Office  |  Department of Planning & Community and Economic Development  |  City of Madison
Dane County Housing Authority
  |  Home Buyers' Round Table of Dane County  |  HUD Information for Homebuyers

The CD Office is a part of the City of Madison's Department of Planning and Development. Click here for department info. Community Development Office
City of Madison Department of Planning & Community and Economic Development
215 Martin Luther King, Jr. Blvd., Room 280
PO Box 2985, Madison, WI  53701-2985
Phone: (608) 267-0740  |  Fax: (608) 261-9661 
Email: cdbg@cityofmadison.com