2020 Housing Study Presented to EDA and HRA Board

2020 Housing Study Presented to EDA and HRA Board Main Photo

5 Feb 2020

Economic Development

Local elected and public officials are often held responsible for conditions and circumstances over which they have limited control. This is particularly true of housing. Most of the housing units in Fairmont are privately owned and were constructed with private funds. On an increasing scale, however, the public is demanding that public officials control what happens in this largely private housing market by eliminating blight, protecting individual investments, and generating new housing growth to meet economic development needs.

In 2013, Community Partners Research, Inc., was hired by the City of Fairmont to conduct a study of the housing needs and conditions in the City. In 2019, an update to that document was initiated.

  • Goals The multiple goals of the study include:
  • Provide updated demographic data
  • Provide an analysis of the current housing stock and inventory
  • Determine gaps or unmet housing needs
  • Examine future housing trends that the area can expect to address in the coming years
  • Provide a market analysis for housing development
  • Provide housing recommendations and finding

The City of Fairmont Housing Study was presented to the EDA and HRA boards on February 5, 2020.  You can read the full report here.