Awarding up to $13,963,000 from the Affordable Housing Fund to support four affordable housing development projects, selected through a City Request for Proposals process that will support construction of approximately 425 units of new rental housing in Madison, 263 of which will be affordable, and authorizing the execution of related loan agreements (District 12, District 18, District 19).

What this record is

Amount

$14.0M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

award

Field

Construction

construction contracts in WI that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

FINANCE COMMITTEE

Requested by

COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE

Introduced

November 19, 2025

On agenda

November 25, 2025

Passed

December 9, 2025

Enacted

December 16, 2025

Enactment no.

RES-25-00649

Where it was heard

COMMON COUNCIL Dec 9, 2025 Adopt Pass COMMUNITY DEVELOPMENT BLOCK GRANT COMMITTEE Dec 4, 2025 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass FINANCE COMMITTEE Dec 1, 2025 Return to Lead with the Recommendation for Common Council to Adopt Pass COMMON COUNCIL Nov 25, 2025 Refer Pass

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