Franklin affordable housing trust funds land study at ridge site
Franklin affordable housing trust allocates $25,000 for Ridge land study. The Municipal Affordable Housing Trust unanimously approved funding for a geographical study of two parcels at Franklin Ridge to assess buildability and development constraints. Chair Christopher Vericker said the trust will
Municipal Affordable Housing Trust · Meeting of July 9, 2026
Franklin affordable housing trust allocates $25,000 for Ridge land study. The Municipal Affordable Housing Trust unanimously approved funding for a geographical study of two parcels at Franklin Ridge to assess buildability and development constraints. Chair Christopher Vericker said the trust will explore all available local and state or federal funding sources.
The trust's working cash balance is $900,719 following completion of the Franklin Ridge project and a $250,000 Community Preservation Act award. The study will inform decisions on housing type and future development.
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Source: the Municipal Affordable Housing Trust meeting of July 9, 2026, compiled from the official minutes.
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