FRAMINGHAM – The Commonwealth of Massachusetts has awarded the Townof Framingham a $1.1 million MassWorks grant for infrastructure improvments for downtown Framingham.
The award will allow Framingham to widen the intersection of Marble Street and Blandin Avenue to create a formal throughway, to enable the construction of the Mill Creek Residential development.
“The project will also leverage $120,000 in local funding, and builds on Framingham’s work to reform the town’s UCH-TIF zoning to encourage affordable housing production. Framingham entered into a tax increment financing agreement with developers of the Mill Creek project to provide a tax incentive to spur housing development in their downtown,” according to the Town of Framingham.
The development, which was supported by the Metropolitan Area Planning Council and the Smart Growth Alliance, will transform a former MBTA site into 270 units of transit-oriented housing, which will feature 27 affordable units, according to the state.
The project, representing $73 million in private investment, will be the first transit-oriented development in Framingham’s new downtown zoning, said the state in a media release.