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Franklin Redevelopment Housing Authority pitches Bank Street homes, flags South View Cemetery land trade-offs
Summary
Franklin Redevelopment Housing Authority officials told the council they have investors interested in Bank Street single-family homes and proposed senior cottages while warning that selling property near South View Cemetery could remove the city's future expansion options for the cemetery.
Gwen Bloom, executive with the Franklin Redevelopment Housing Authority, asked Franklin City Council on Monday to partner with the authority on several housing projects, including potential single-family homes on Bank Street and 55-and-over cottages, while urging caution about a parcel adjacent to South View Cemetery that she said the authority might sell if no land exchange is negotiated.
Bloom told council the housing authority currently administers 366 vouchers and has a 2025 budget of $2,829,281 that is paid to landlords in Franklin. “Our annual budget for the year 2025 is $2,829,281,” she said, adding those payments, she said, relieve pressure on households and contribute to local landlords’ revenues.
She described 12 affordable units at 340 Bruce Street — two-bedroom units renting for $1,045 and three-bedrooms for $1,221 — plus a remodeled home at 702 Chestnut, on-site maintenance, and no…
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