GivingTuesday 2024- Madison Area CLT

This Giving Tuesday, we’re asking our community to stand with us in the fight for equitable access to affordable homeownership. With supporters like you, we’re preserving urban space for community use and creating permanently affordable homeownership opportunities for those most affected by the skyrocketing housing market.

Why Your Support Matters

Dane County is experiencing one of the hottest housing markets in the country. Median single-family home prices have increased by 9% over the past year, now exceeding $490,000. For the average family, this means homeownership is increasingly out of reach. To purchase a median-priced home in the county, a family would need an income of at least $150,000 — an impossible number for many of our neighbors. We are in the midst of the worst housing crisis our community has ever seen.

Our Impact, Together

With support from the community, MACLT has developed 62 permanently affordable homes that we keep affordable for generations using a resale formula and ground lease. Our low-income buyers save an average of $100,000 on their home purchase through MACLT. MACLT is selling our homes to families with incomes between $43,000 and $75,000, with a median home sale price of $187,000. That's less than half of the county median home sale price. With our 62 permanently-affordable homes, MACLT has helped 123 low-income families achieve homeownership. This means the funds invested into our homes have doubled in impact over time, while our homes stay affordable for families making between 30% and 80% of the County Median Income (CMI).

Looking Ahead: New Projects, New Hope

We are bringing seven new affordable units into the land trust over the next year— 4 in Owl Creek, 2 in Mosaic Ridge, and 1 condo unit at the Village Co-Housing Community. MACLT is also working on plans to develop affordable townhomes at the Voit property on Madison's eastside. These projects demonstrate MACLT's growing impact as we expand our efforts to create more permanently affordable housing in Dane County. As we add more homes to the land trust, we create more opportunities for families looking for a stable and secure place to live – opportunities that will still be there for the next family, and the next family.

How You Can Help This Giving Tuesday

Your contribution today will directly impact our ability to continue building these critical projects. Every dollar brings us closer to providing a home for another family in need. Join us, alongside MACLT homeowners and community members, as we work together to ensure that everyone has a place to call home.

Will You Support Affordable Housing?

This Giving Tuesday, we need your help to continue creating permanently affordable homes in Dane County. Your donation — no matter the size — is an investment in the future of our community. Let’s make sure every family has the opportunity to live in a stable, secure, and affordable home.

 Learn more visit www.maclt.org

One of MACLT's homebuyers, with her daughter, breaking ground on their new home.