MADISON, Wis. — Two new single-family homes in Madison mark the end of a decades-long revitalization project.

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.”

The two new affordable homes were made available to income-qualified, first-time homebuyers.

“Buying a home in Madison is a challenge. Affordable housing isn’t so affordable. But then I came upon the Madison Area Community Land Trust on the web and I shared it with my husband,” said Floyd at a celebration outside her new home. “We discussed it, talked about the pros and cons, and we thought, ‘This is our chance to stay in Madison’…. We couldn’t be more grateful and excited about this milestone,” Elsa Floyd, one of the new homeowners, said.

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.

She said she wants to continue providing affordable homes in Madison.

“The City and CDA have been working for years to bring new housing into this neighborhood. It’s part of our effort to make sure that people in our community have the choices that they need to live in the neighborhoods that they want to live in and in the type of housing that they want to live in,” said Rhodes-Conway. “There are many people in our community that are eligible for land trust homes. We also support first-time homebuyer courses and down payment assistance programs. I encourage folks who are interested in home ownership to reach out and find out more about those programs. We are doing everything we can to increase homeownership opportunities in Madison.”