Housing trust discusses finances, Franklin Ridge groundbreaking plans.
Franklin housing trust discusses finances, Franklin Ridge, and potential new programs. The Municipal Affordable Housing Trust reviewed its $1.1 million balance and $500,000 allocation to the Franklin Ridge 60-unit senior housing project, requesting better financial tracking and clarification on
DocumentCenter · Meeting of February 12, 2026
Franklin housing trust discusses finances, Franklin Ridge, and potential new programs. The Municipal Affordable Housing Trust reviewed its $1.1 million balance and $500,000 allocation to the Franklin Ridge 60-unit senior housing project, requesting better financial tracking and clarification on funding distribution from project manager Jon Juhl. Chair Chris Vericker proposed a Franklin Ridge groundbreaking ceremony and Town Council presentation.
Members explored new initiatives including potential down payment assistance programs and accessory dwelling unit funding, agreeing to research what other Massachusetts housing trusts offer and invite the Federal Home Loan Bank to present its programs.
In the full story:
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Source: the DocumentCenter meeting of February 12, 2026, compiled from the official minutes.
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