Madison adds 2 new affordable homes to Mosaic Ridge neighborhood

As an effort to bring new housing into the neighborhood, Madison’s Community Development Authority (CDA) developed 22 homes in Madison’s Mosaic Ridge subdivision.

Then, the city, in partnership with Wisconsin Partnership for Housing Development and Madison Area Community Land Trust, built two more houses as land trust homes. As land trust homes, Madison Mayor Satya Rhodes-Conway said they were sold to the new homeowners at an affordable price. They will also be available to their future owners at an affordable price. This will create affordable housing in the city long-term.

Work started on the two houses in 2022. They are also located in the Mosaic Ridge subdivision.

Rhodes-Conway said they were the “final piece to the puzzle for the Mosaic Ridge neighborhood.”...

What You Need To Know

• Two new single-family homes in Madison mark the end of a decades-long revitalization project. The two new affordable homes were made available to income-qualified, first-time homebuyers
  
  
• As land trust homes, Madison Mayor Satya Rhodes-Conway said they were sold to the new homeowners at an affordable price
  
  
• They will also be available to their future owners at an affordable price. This will create affordable housing in the city long-term
  
  
• Rhodes-Conway said she wants people to not only choose to live in Madison, but to choose what kind of house they want to live in and what neighborhood they want to be a resident of