Auchincloss Gives Another Boost to Franklin Ridge Project

Franklin Ridge, a long-planned addition to senior housing in Franklin, got another boost recently from Congressman Jake Auchincloss.

Last weekend, Congress passed a partial government funding bill that was signed by President Biden and includes key wins for the Fourth District. The bill provides funding for 15 Community Project Funding (CPF) requests sponsored by Congressman Auchincloss.

One of the funding items was $850,000 for  Franklin Ridge Senior Affordable Housing Project, Franklin

Earlier this year, according to Town Administrator Jamie Hellen, the Town was awarded $8.5 million in grant funding including $2.5 million from the Low Income Federal Tax Credit (LIFTC) and $6 million from other state Executive Office of Housing and Livable communities subsidies. With this additional funding the total allocated local, state and federal money is approximately $13.85 million for the project, (not including the municipal land, staff or permitting effort.