JNJUHL and Associates, LLC has been approved through a friendly Chapter 40B process to construct a three-story wood framed building that will contain (54) One-Bedroom Units and (6) Two-Bedroom Units, all of which would be affordable to seniors with incomes at or below 60% of the median for the long-term. The One Bedroom units will be a minimum of 660 square feet and the Two Bedroom Units will be 880 square feet. In addition, approximately 10% of the floor area will be developed into supportive service space for social service staff in order to provide resources for these residents to enable them to live independent and productive lives. There will be a minimum of 65 parking spaces to accommodate the needs of this new senior housing community. The Franklin Ridge Senior Housing project received a 40B Comprehensive Permit from the town of Franklin in December of 2019. In addition, the project received the Franklin Conservation Commission’s approval of the Project’s Determination of Applicability in November of 2019. These monies will specifically go towards the inputting of a sewer line and the prepared site work for this project.
Project in progress
06-22-2022
Project Category
Project Details
Housing Units
60
0
60
Acres
0
7
0
0
0
7
CPA Funding
$0
$320,000
$0
$0
$0
$320,000
$0
0
$500,000
Other Funding Sources Leveraged
$0
$0
$200,000
$280,000
$26,700,000
Federal Grant $-Federal & State Low Income Housing Tax Credits 9%-Affordable Housing Trust $-Commercial Area Transit Node Housing Program $-Housing Stabilization $-Massworks-community based housing $
Total Project Cost
$28,000,000
$27,180,000
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