Troy Gardens Cohousing

The 31 acres of Troy Gardens property is owned by the Madison Area Community Land Trust (MACLT). The goal of MACLT is to provide affordable housing to low-income community members by purchasing land and holding it in trust. Buildings on the land are sold at a lower than market value because the buyer doesn't have to pay for the land, which is owned by the land trust.

20 of the 30 homes have been sold as land trust homes to first-time homebuyers at or below 80% of the median income level for Dane County. These were priced under market value with a restriction on how much profit can be made when they are resold, so that will be permanently affordable to future buyers. The remaining ten units were sold on the open market as conventional homes. Units range from 2-4 bedrooms with a variety of floor plans. All units are fully handicapped accessible on the first floor.

Visit the Madison Area Community Land Trust here for more information on the housing at Troy Gardens.