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 — in late June.

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.