
Housing Forward

In order to keep up with our current pace of growth and address one of the lowest rental vacancy rates in the United States, the City of Madison is setting an ambitious goal to support the creation of 15,000 new homes by 2030.
Additionally, the City is aiming for at least 25% of those new homes to have long-term affordability at below-market rates for those making 60% of the Area Median Income or less. This level of growth would keep pace with population growth and also help bring Madison to a healthy vacancy rate to ease housing price pressures.
The Housing Forward initiative was was first launched in 2021 to address housing needs in Madison. It outlines a multi-pronged approach to address Madison’s housing needs.