Thursday, August 15, 2019

Affordable housing - What can Franklin do?

Yes, Franklin is sitting above the 40B line at 11.89% per Town Administrator Jamie Hellen. The percent has been known to vary. With additional residential building underway, the number can and will change. 

At the Economic Development Subcommittee meeting on Wednesday (coincidentally), a proposal for 100+ apartments was discussed for the former Keigan auto dealership with no affordable housing as part of the proposal.

Affordable housing should be part of the "What will Franklin look like in 2028?" discussion. Will today's children growing up here, be able to come back after college (assuming they choose that one of many routes), and afford to live here?

Franklin is not alone in this situation, a report in the Milford Daily News today shows the median home price across MA is now approaching $440,000.
"Massachusetts home sale agreements shot up 9% in July, compared to a year ago, and the median price of a single-family home put under agreement last month rose to almost $440,000."

 Maybe Franklin can begin like Salem has.
"The city of Salem has released a four-part video series to help residents better understand the housing shortage and the importance of creating affordable housing policies for the culturally and economically diverse city.

“Homes for Salem,” produced by the city with the Metropolitan Area Planning Council, is a part of a larger community conversation about housing challenges and possible solutions, said Mayor Kimberley Driscoll.

“It’s making people stop and think about what is happening in the community, especially those who may not be directly impacted,” Driscoll said. “It puts a face on the housing challenge by having those affected tell their story.”

Part 1 -
Part 2 -
Part 3 -
Part 4 -

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