Madison has completed its initial study of Inclusionary Zoning, and it turn out that residential development has not come to a halt in the city. Developers have not run for the borders. The entire construction industry did not come crashing down.

In fact, more affordable units have been approved under IZ since its inception that initially predicted. Staff had estimated 200 to 300 units of affordable housing would be built annually under the ordinance. In the first year, 311 units were approved. These units are well distributed throughout the city.

The number of housing units built within the city did not change significantly compared to the number built elsewhere in Dane County:

(for a better view, see page 19 of the study linked above)

According to the Wisconsin State Journal, the Mayor is pleased with the results:

This report comes just after the Common Council delayed voting on a proposed repeal of the ordinance. Also on a future Council agenda is a list of amendments to improve the ordinance. The report's conclusions are generally consistent with the proposed changes including improving the equity model and altering requirements for specific types of student housing projects.

The real estate and development industries in the City of Madison continues to thrive despite what opponents of Inclusionary Zoning might have you think.