553. That’s the number of affordable housing units that are being built at Huxley Yards near the old Oscar Mayer plant on Roth Street. Ground broke for the project — which is expected to include a new city park — last week.
What
Two buildings are being constructed:
- The View will contain 303 units and serve families and individuals. It will offer several amenities, including job training facilities.
- The Victoria will provide 250 units for older adults. Amenities will include a club room, a craft room, a fitness center, and two rooftop courtyards.
Both buildings will have Wisconsin Green Built Home certifications with rooftop solar power systems. Details about the as-yet-named park are TBD.
The Huxley Yards project is scheduled for completion by fall 2026. | Rendering via City of Madison (JLA Architects)
City of Madison
Why
All of the units will be reserved for individuals making up to 50%, 60%, or 70% of Dane County’s Area Median Income (AMI), depending on the unit.
That would equate to a salary range of $44,100-$61,740 for an individual or a total income range of $62,950-$88,130 for a family of four.
How
The City of Madison contributed more than $6 million to the project through Tax Incremental Financing funds. The project was additionally financed through grants and tax credits.
The buildings are scheduled to be move-in ready by fall 2026.
