Dane County's regional housing strategy is taking significant strides to address the ongoing housing crisis, as outlined in a recent government meeting. The strategy, developed over a year with input from an 80-member housing advisory committee, aims to implement a five-year action plan focused on increasing affordable housing options and reducing racial disparities in homeownership.

Key priorities identified in the strategy include increasing the number of housing units accessible to low and moderate-income households, preserving existing affordable housing, and providing more pathways to homeownership. The committee emphasized the importance of accountability, equity, and sustainable development in their approach.

Municipalities across Dane County are already leveraging Tax Incremental District (TID) extension funds to support various housing initiatives. For instance, the Village of Oregon has allocated funds for the renovation of older apartment units for low-income seniors and residents with disabilities, as well as for new Habitat for Humanity homes. Similarly, Waunakee has introduced a home rehabilitation program that provides non-repayable grants for essential repairs, benefiting underrepresented groups.

Sun Prairie has established a satellite tenant resource center to offer housing counseling and support, particularly for those facing eviction. This initiative, along with a new full-time housing planner position, aims to enhance housing stability and accessibility for vulnerable populations.

Madison is also making strides by using TID extension funds to finance affordable housing developments, prioritizing units for households earning 30% to 60% of the area median income. The city has successfully funded numerous projects, resulting in the creation of nearly 2,800 new affordable units.

Overall, the collaborative efforts of these municipalities reflect a commitment to addressing the housing crisis through innovative funding strategies and community-focused initiatives. The regional housing strategy not only aims to increase the quantity of affordable housing but also seeks to foster equitable access for all residents in Dane County. For more information on the regional housing strategy, interested parties are encouraged to visit the official website.