553 affordable housing units set to open in Madison

Madison is set for a major boost to its affordable housing supply on lands formerly belonging to Oscar Mayer.

The six-story Victoria at Huxley Yards — a 250-unit senior living complex with one- and two-bedroom apartments — is fully leased with most of its residents set to move in April 1. The View at Huxley Yards, a 303-apartment building with units ranging from one- through four-bedrooms, saw its first residents move in last week.

Both complexes are rent-restricted for residents making 50-70% of the area median income of roughly $90,000 for an individual or $130,000 for a family of four, according to Abby Thomas, regional manager at Seldin Co., the Omaha-based firm that manages both properties. Interest in both facilities has been high, with the company fielding around 150 inquiries a week from prospective residents, Thomas said...

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Leo's notes: The Victoria (250 senior units) and The View (303 family-oriented units) are fully or rapidly leasing, serving households earning 50–70% of area median income, with additional deeply affordable units planned in a future phase. For communities facing persistent shortages, this model shows how underutilized sites can be repositioned into high-impact housing assets that serve seniors, families and the workforce alike.