Giving Tuesday 2024- Madison Area CLT
A nonprofit fundraiser supporting
Madison Area Community Land TrustJoin us this Giving Tuesday to support equitable, permanently affordable homeownership for all!
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This Giving Tuesday, I'm asking you to stand with us for equitable access to affordable homeownership. We preserve urban space for community use and create permanently affordable homeownership opportunities for those most affected by the skyrocketing housing market.
Why Your Support Matters
Dane County is 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, and this is 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 ground lease and resale formula. 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 investment into our homes has 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— four in Owl Creek, two in Mosaic Ridge, and one 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 increase our ability to continue building these critical projects. Every dollar brings us closer to providing a home for another family in need. Join us 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 of any 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.