Fitchburg, WI Community and Economic Development Authority 12-4-25

The Fitchburg Community and Economic Development Authority (CEDA) meeting on December 4, 2025, focused primarily on a comprehensive housing study update presented by consultants from Redevelopment Resources. The study highlighted demographic trends, housing market findings, and a demand forecast projecting the need for 775 rental units and 1,200 owner-occupied units over the next five years. Key recommendations included preserving existing housing stock through rehabilitation programs, supporting homeownership, expanding diverse housing types including multifamily developments, and strategic land readiness initiatives such as land banking. The discussion also covered affordability challenges and potential employer-assisted housing partnerships. Additionally, the meeting reviewed economic development updates including new hotel developments, ongoing commercial projects, and the hotel room tax report showing an 11% increase in revenue. The committee emphasized the importance of continued collaboration among public, private, and nonprofit stakeholders to implement housing strategies and support community growth.