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The Franklin Ridge Senior Housing project remains on schedule and within its budget, with site work, blasting, excavation, backfilling, and grading underway.
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Project officials told the Trust that funding is being drawn in stages to manage interest costs and other expenses. Tariffs could increase construction costs, but the project budget includes contingency funds. The Trust also discussed future housing options for residents earning roughly 30% to 50% of area median income, including rentals priced around $1,200 to $1,500 per month.
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