Madison seeks 15,000 new housing units by 2030
Madison seeks 15,000 new housing units by 2030

Madison seeks 15,000 new housing units by 2030

News summary

Madison is responding to its housing crisis by aiming to build 15,000 new housing units, including 3,750 affordable units, by 2030. Affordable housing is defined as costing no more than 30% of a household's gross income, and Madison has already constructed approximately 2,400 affordable units in the past decade. In Iowa City, Johnson County has purchased a property with the intention of creating affordable housing and is seeking proposals from nonprofits or governmental entities to manage it. The county's aim is to provide housing for households earning below 30% of the area median income. In Pensacola, discussions are underway to revise land development codes to facilitate the creation of diverse housing options through zoning, as part of a broader effort to address the national affordable housing crisis. These initiatives reflect a growing emphasis across various regions on increasing affordable housing availability amidst rising housing costs.

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