Franklin Housing Authority partners on $7.5M project with nonprofit and county

The City of Franklin's Board of Mayor and Aldermen (BOMA) held a work session on March 11, 2025, focusing on the allocation of American Rescue Plan Act (ARPA) funds and infrastructure improvements related to affordable housing initiatives. The meeting highlighted a partnership with the Franklin Housing Authority aimed at enhancing community development through strategic funding.

Key discussions centered on the use of ARPA funds to support a significant project that would provide services to low and moderate-income families. The board emphasized the importance of these funds in addressing community needs, particularly in the realm of affordable housing. The conversation included plans to convert Johnson Circle into a public roadway, which would involve necessary infrastructure upgrades to meet city standards.

Board members expressed urgency in obtaining financial analyses related to development impact fees associated with the project. There was a consensus on the need to expedite the review process to avoid delays that could hinder progress, especially given an approaching October deadline for project initiation.

Additionally, the board discussed a favorable lease agreement with Williamson County, allowing the city to lease land for the project at a nominal fee of one dollar per year. This arrangement was noted as a significant financial advantage for the city, enabling the project to move forward with reduced costs.

Concerns were raised regarding the overall funding required to commence construction, with estimates ranging between $6 million and $6.7 million. Board members stressed the importance of understanding the total financial commitment before proceeding, particularly in light of competing community needs for housing and infrastructure.

The meeting concluded with a commitment to gather necessary financial data and project details for further discussion in the upcoming board meeting, underscoring the city's dedication to addressing housing challenges while ensuring responsible fiscal management.