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Plan commission reviews state-mandated housing fee and affordability reports for 2023
Summary
Planner Amy Bennett presented two annual, state-required reports covering new housing fees and housing-affordability analysis for 2023. The reports show $2.673 million in residential fees collected in 2023, 276 new dwelling units approved that year, and a village housing-unit forecast that the village has met.
The Menomonee Falls Plan Commission reviewed two annual reports required by Wisconsin statutes: the new-housing fee report (Wis. Stat. 66.10014) and the housing affordability analysis (Wis. Stat. 66.10013). Planner Amy Bennett presented data from calendar year 2023 and explained the reports were posted in December 2024 per state requirements.
Key figures from the housing-fee report for 2023 included: $2,673,000 in fees collected related to residential construction, remodeling and development; 81 single-family homes, 11 two-family units and 173 multifamily units approved, for a total of 276 new residential dwelling units in 2023; and an average fee burden of just over $9,600 per dwelling unit for residential construction and related fees, Bennett said.
The housing-affordability analysis summarized building-cost ranges and unit types: estimated construction costs for single-family homes in 2023 ranged from about $191,000 to roughly $1.7 million (the report lists a construction-cost range), and 29% of constructed units were single-family, 8% duplexes and 63% market-rate apartments. Bennett said 718 dwelling units were approved in 2023 according to the report materials and that a state forecast had called for 2,779 new units between 2010 and 2025; the village has constructed nearly 3,000 housing units to date, the report notes.
Commissioners asked clarifying questions about the low end of the single-family construction-cost range, possible inclusion of infill lots and how undeveloped-parcel lists were compiled; staff said the report uses construction-cost estimates that may exclude land cost and that the undeveloped-parcel map is a GIS-based list of parcels suitable or zoned for residential development.
Ending: Bennett said the village will post the 2024 development report next month; commissioners noted 2024 appeared to be a markedly stronger year for building permits and housing starts.
