Franklin Matters: lease

Showing posts with label lease. Show all posts

Thursday, June 13, 2024

Davis Thayer Building Reuse Advisory Committee seems to reach consensus on land lease, keeping building (audio)

FM #1235 = This is the Franklin Matters radio show, number 1235 in the series.

This session shares the audio for the Davis Thayer Building Reuse Advisory Subcmte meeting held on Monday, June 10, 2024. The meeting was conducted in the Council Chambers.

They had not met this year awaiting the receipt of Expression of Interests in the building/property. Five were confirmed received by the due date, May 31.

After much discussion including hearing briefly from 3 of the 5 who happened to be present, the committee reached consensus on keeping the building intact, exploring a lease arrangement for the land, liking the mixed use proposals that may include housing.

The recording runs about 1 hour and 35 minutes, so let’s listen in. Audio link -> https://franklin-ma-matters.captivate.fm/episode/fm-1235-davis-thayer-bldg-reuse-subcmte-mtg-06-10-24

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The Franklin TV video is available for replay -> https://www.youtube.com/watch?v=WV5S5rdihD0

The agenda and links to the proposals and appraisal:

1. Property Appraisal Review

a. Real Property Appraisal Report, Shepherd Associates, LLC - May 1, 2024 https://www.franklinma.gov/sites/g/files/vyhlif10036/f/uploads/1a._2024_davis-thayer_real_property_appraisal_report.pdf

2. Expressions of Interest

a. Matthew Zajac

https://www.franklinma.gov/sites/g/files/vyhlif10036/f/uploads/matthew_zajac_davis_thayer_music_mecca_proposal_1.pdf

b. Dean College

https://www.franklinma.gov/sites/g/files/vyhlif10036/f/uploads/rei_davis_thayer_letter_of_interest_proposal_narrative_and_project_description_-_dean_college.pdf

c. Pennrose, LLC

https://www.franklinma.gov/sites/g/files/vyhlif10036/f/uploads/pennrose.pdf

d. HFA and TMC Properties

https://www.franklinma.gov/sites/g/files/vyhlif10036/f/uploads/tmc_hfa_davis_thayer_submission_email.pdf

e. Camford Property Group, Inc.

https://www.franklinma.gov/sites/g/files/vyhlif10036/f/uploads/camford_property_group.pdf

My notes in one PDF file -> https://drive.google.com/file/d/18sdxZAwZejdks44Wd9QcQCw5HhQ7IErC/view?usp=drive_link

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The music for the intro and exit was provided by Michael Clark and the group "East of Shirley". The piece is titled "Ernesto, manana" c. Michael Clark & Tintype Tunes, 2008 and used with their permission.

I hope you enjoy!

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Davis Thayer Building Reuse Advisory Committee has 5 Expressions of Interest to consider - June 10 at 7 PM

Wednesday, August 23, 2023

Franklin Housing Authority preparing to offer to lease 813 Summer as an "Affordable" unit

The Franklin Housing Authority has acquired the ‘long-time vacant’ property located at 813 Summer Street, Franklin. The beautiful three-bedroom home will be leased to an income eligible family and the property will remain in the Town’s affordable housing stock through perpetuity. As we approach completion of the home renovations and prepare to enter the leasing process, we wanted to announce our intentions locally as many neighbors have stopped to inquire.

The entirely renovated home has 3 bedrooms, 1 & ½ bathrooms, kitchen with new cabinets and granite counters, dining room and a large living room. We have replaced and updated the flooring, heating system, electrical system and landscaping.

We will lease this property based on 80% of the current area Fair Market Rents and income will be limited to the current area Low-Income Limits as published by HUD. For a family of between 3 to 6 persons, the income limits are currently $106,650 to $137,450 respectively. This means that the household income must be below the limit to qualify. The rent will be listed at $2550 monthly excluding utilities. Interested persons may email office@franklinhousing.org to obtain an application.

The process of obtaining the property took many years and has involved much assistance from several local officials, agencies and advocates. The unwavering assistance of all of our supporters was monumental in the success of the acquisition.

Supporters included: State Representative Jeffrey Roy, Jamie Hellen, Town Administrator, Lisa Mosczynski, President, Metacomet Land Trust (MLT) and all of MLT’s Board of Directors including Treasurer Susan Spears, Attorney Michael Doherty, Attorney Richard Cornetta, Chairman Christopher Vericker, Franklin Municipal Affordable Housing Trust (MAHT) and all MAHT’s Trust Members including Christopher Feeley, Bank of America, Dean Bank, George Danello, Chairman of the Franklin Housing Authority (FHA) and all FHA Board Members.

Franklin Housing Authority preparing to offer to lease 813 Summer as an "Affordable" unit

Wednesday, March 9, 2022

Request for Expressions of Interest for the purchase or lease and redevelopment of the South Franklin Congregational Meeting House of 762 Washington Street.

Request for Expressions of Interest (REI)
for the purchase, or lease and redevelopment

of the South Franklin Congregational Meeting House
of 762 Washington Street

In an effort to ensure productive reuse of the building and remaining land, the Town of Franklin has released a Request for Expressions of Interest (REI) for the purchase, or lease and redevelopment of the South Franklin Congregational Meeting House of 762 Washington Street.

Expressions of Interest are due to the Town Administrator's Office by April 29, 2022 at 10:00 AM.

Open House/Site Tours - The Town offers you the opportunity to learn more about the site through participation in one of two Open House and Site Tours scheduled for the following dates/times: