Jul 9, 2016 4:11 PM
Affordable housing in Franklin gets funding
FRANKLIN - The Franklin Light and Power Mill has received $1.4 million to become 45 units of affordable housing.
According to Seacoastonline.org, the New Hampshire Housing Board of Directors approved the funding, $1.1 million of which came from federal HOME funds and $300,000 came from the in-state Affordable Housing Fund.
Since being built in 1895, the 50,000-square-foot mill has been used as an industrial machine shop and a foodstuff warehouse. In recent years, the building has been vacant.
The building is slated to become 19 one-bedroom units and 26 two-bedroom units.