Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Franklin council authorizes housing authority to pursue revenue bonds for Dorchester Square renovation
Summary
The council approved an ordinance authorizing the Franklin Redevelopment and Housing Authority to issue multifamily housing revenue bonds to acquire and renovate Dorchester Square (about 125 apartments at roughly $100,000+ per unit); staff said the city is not borrowing money and the action does not affect the city’s budget.
The Franklin City Council voted on March 23 to authorize the Franklin Redevelopment and Housing Authority to issue multifamily housing revenue bonds for Dorchester Square, a 125-unit apartment complex slated for acquisition and extensive renovation.
City staff described the project as a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
