On Thursday night, Franklin’s planning commission unanimously waved ahead a development that would provide affordable housing to some members of the community.
The project proposal for Wood Duck Court includes 237 condominiums spread across 21 acres. This includes 149 one-bedroom units and 88 two-bedroom units inside eight buildings, which will vary between three and four stories tall.
The property is bordered by the Carrington Hills Apartments to the south and Cross Creek to the east.
The one-bedroom units begin at $194,000 for 650 square feet, and go up to $245,000 for a two-bedroom condo.
The land is zoned for general commercial use currently, but developers want to change it to development residential.
Qualifying for housing
Landscape architect and local developer Greg Gamble said the Community Housing Partnership of Williamson County has long been looking for development opportunities that will offer buyer-owned opportunities for lower income families.
This project is eligible for a grant from the Tennessee Housing Development Agency once developers reach construction, Gamble said, but that means the subdivision will be placed under a covenant.
Those with combined incomes of less than 80% of the median income in the Nashville Metropolitan Statistical Area, which includes Franklin, can qualify. According to the U.S. Department of Housing and Urban Development, that’s an income of $80,000 or less for a family of four, though the numbers differ depending on family size, Gamble said.
The units would be for sale only, and owners would be prohibited from buying and renting out.
Envision Franklin supports the use of the now-vacant property as multi-family, though some discussion centered around the amount of parking to be made available for the development. Gamble said more studies will be conducted to determine what is appropriate.
The land is currently owned by the Walker family. Patriarch Billy Walker, the owner and operator of Walker Chevrolet, passed away in July of 2018.