Mayor Advertising for Volunteers for the Framingham Economic Development Corporation

FRAMINGHAM – The City of Framingham is advertising for seven individuals to create the
Framingham Economic Development Corporation (EDC).

The Corporation was created via a special act of the Massachusetts legislature.

The Framingham Economic Development Corporation is the City of Framingham’s state
chartered economic development entity, and replaces the Framingham Economic Development
& Industrial Corporation (EDIC).

The new Corporation serves as a public-private partnership dedicated to strategic planning and
fostering economic development, and shall promote the economic revitalization of the City of
Framingham.

The Corporation has the power to:

• Determine what areas within its jurisdiction constitute underutilized, underperforming,
  substandard, or open blighted areas
• Manage or lease any development project, whether owned or leased by the Corporation
• Prepare urban renewal plans, master plans, and community development programs
  mandated by state or federal law.
• Apply for housing or economic assistance grants from the Commonwealth or federal
  government
• Engage in urban renewal or community development projects
• Employ engineers, managers, consultants, and other employees as necessary and to fix
  their compensation
• Finance community development project, including functioning as a conduit or broker for
  private capital
• Acquire, demolish, construct reconstruct alter, maintain, sell convey, transfer, mortgage
  or pledge or otherwise dispose of commercial, industrial, residential or business
  establishment or other property as the objects and purposes of the Corporation may
  require
• Receive stocks, bonds, donations and gifts and to otherwise raise money for projects

Per the legislation that created the EDC, “at least one member shall be experienced in financial
matters, one experienced in real estate, one experienced in municipal government, two members
shall be experienced in industrial development, and two members shall be appointed from the
community at large.”

“Unless otherwise appointed by the Mayor and approved by the Council, all members of the
Corporation shall reside or be employed in Framingham.”

The Mayor will nominate all seven individuals, following which the City’s legislative branch will
have a 30-day window to either approve or reject the Mayor’s nominees.

Of the initially appointed members to the EDC, two individuals will serve a one-year term
commencing on July 1, 2024, while two others will serve two-year terms from the same date.
Additionally, three members will be appointed for three-year terms starting on July 1, 2024.
Upon expiration of each term, the individual can be re-appointed for a 3-year term or their
successor can be appointed for a 3-year term.

The deadline to apply is Friday, May 31 at 11:59 p.m.

To apply visit Form Center • Boards, Committees, Commission, Officers 

Individuals applying must submit a cover letter and a resume.