The City of Madison is making steady progress toward the goal of adding 15,000 new homes of all types by 2030. In total, 2,328 net new homes were created and permitted for occupancy in 2025. This total includes housing of all types, from single-family homes to apartment homes.
A higher percentage of the homes finished in the past year have some level of long-term affordability compared to recent years as the City has increased efforts to support the creation of more homes for Madisonians with lower incomes.
Of the homes added to Madison’s housing market in 2025, 20% are being offered at affordable rates below market value for those who qualify. Additionally, the Community Development Division announced in December four housing developments totaling 422 new homes, 263 of which will offer permanent below-market affordability. These projects received support from the City of Madison’s Affordable Housing Fund as part of the 2025 competitive award process.
Those homes are not currently represented in our current housing totals, but barring unforeseen circumstances, they will be included in the near future once they receive building permits and move forward.
These numbers show that our efforts to create more homes in Madison are starting to pay off. I’m also very encouraged that we are seeing an increasing percentage of affordable homes, and a high number of homes under construction. These are positive signs that I hope to see continue in 2026. Whether it’s improving our policies, providing incentives, or just building it ourselves, we are using all our tools to keep pace with growth and keep Madison affordable.
