Madison Council approves resolution for affordable housing obligations completion

Madison Borough Council has taken a significant step towards addressing its affordable housing obligations by unanimously passing Resolution 54-2025 during their meeting on January 27, 2025. This resolution commits the borough to comply with its affordable housing requirements for the upcoming decade, specifically targeting the period from July 1, 2025, to February 28, 2035.

The council's decision comes as part of a broader strategy to develop a housing element and fair share plan, which is due by June 30, 2025. This plan will outline how Madison intends to meet its housing obligations, which are currently estimated to be between 725 and 735 units. The borough has a 30-day window for any objections to be filed, which will be reviewed by the State Department of Community Affairs.

To fulfill these requirements, Madison is leveraging several strategies. The borough has an inclusionary zoning ordinance that mandates any new construction of five or more market-rate units to include 20% affordable housing. Additionally, the council is exploring the use of overlay zones that would allow for increased density in developments that incorporate affordable housing.

Another innovative approach discussed is the potential for bonus credits for repurposing vacant commercial buildings into residential units, which could help address the housing shortage while revitalizing the local economy. The council is also prioritizing supportive housing, which provides additional credits per bed rather than per unit, thus encouraging the development of smaller projects that serve specific community needs.

The council's proactive measures reflect a commitment to not only meet state mandates but also to enhance the quality of life for residents by increasing the availability of affordable housing options. As the borough moves forward, it remains open to new ideas and approaches that could further support its housing goals. The next steps will involve ongoing planning and community engagement to ensure that Madison effectively addresses its housing challenges while maintaining the integrity of its neighborhoods.