An enthusiastic crowd gathered last Tuesday at Odell Park for the groundbreaking of CATCH Neighborhood Housing’s newest project in Franklin, NH. CATCH recently purchased the Franklin Light & Power Mill and will soon begin restoring the building and creating 45 affordable, workforce apartments.
The groundbreaking recognized and celebrated the community partners who have collaborated with CATCH to make this development a reality.
“We are grateful for CATCH Neighborhood Housing and their funding partners for their commitment to strengthening the Franklin community by providing quality, affordable housing,” stated Elizabeth Dragon, Franklin City Manager. “Not only is this project about meeting the housing needs in Franklin, it is also an anchor for our downtown development efforts and critical for the future growth of this great city.”
The historic 1895 Riverbend Mill located in downtown Franklin will be renovated over the next year. The 50,000 square-foot riverfront brick mill will provide 45 new housing units for the community, including nine units designated for income-qualified veterans. Residents will enjoy newly-created green space and direct access to the river for recreation in a building that will honor the industrial history of the city.
PHOTO CAPTION: Pictured (l to r) Dean Christon, Executive Director, New Hampshire Housing Finance Authority; Ronald L. Magoon, President and Chief Operating Officer, Franklin Savings Bank; Jeffrey B. Savage, Chief Executive Officer, Franklin Savings Bank; Rosemary M. Heard, President and CEO, CATCH Neighborhood Housing; Mark Ciborowski, Chair, CATCH Board of Directors; Elizabeth Dragon, City Manager, City of Franklin; Chris Harper-Fahey, Senior Relationship Manager, Northeast Region, NeighborWorks America; Kyle Barker, AIA, Principal Architect, Warrenstreet Architects, Inc.; Caite Foley, Vice President Real Estate, CATCH Neighborhood Housing