City of Madison adopts 2026 Budget

The 2026 Capital Budget continues the progress being made to create new homes in Madison. Next year, $17.5 million will be available to fund affordable housing. Additionally, this budget keeps the historic upgrade to the Madison Community Development Authority's Triangle public housing development on track. Once the project is completed, up to 1,200 new apartments will be built, nearly quadrupling the number of homes at the Triangle site.

These efforts will add to the progress the community has already made to help stabilize the housing market. Since January 1st, more than 1,900 new homes have been built in Madison and another 4,690 are currently under construction. This focused effort on housing will help ensure a future where everyone in Madison has housing options and can decide what housing type and neighborhood is best for their family.