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![]() As part of the city of Madison’s ongoing efforts to create more housing of all types, Mayor Satya Rhodes-Conway on Tuesday announced new housing goals, an interactive housing tracker for the public to monitor progress, and an update to her Housing Forward initiative to guide city actions over the next two years. In order to keep up with Madison’s current pace of growth and address one of the lowest rental vacancy rates in the United States, the city is setting a goal to support the creation of 15,000 new homes by 2030, with an additional goal of at least 25% of those homes having long-term affordability at below-market rates for those making 60% of the area median income or less. To track progress toward these goals and share that information with the public, the city is launching the City of Madison Housing Tracker. The tracker is a new public dashboard that will show how many homes are currently under construction or have been completed since the start of 2025, where those homes are being built, and how many are affordable. It also includes the historical context of how many new homes have been added in the past decade. Data for the Housing Tracker will be updated monthly... ...more RSK: And of mcourse this will raise our real estate taxes since the city in and of itself does not make money but depends on tax revenue. I hope there are plenty of checks and balances in this program. | ||
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