The Franklin Homeowner’s Association was created in 1976 with a grant from the Federal Department of Housing and Urban Development and cooperation from the City of Franklin. The Franklin Homeowners’ Association is a nonprofit organization whose purpose is to provide interest-free loans to assist homeowners in improving, upgrading and rehabilitating their residential dwellings. Since 1976, approximately 125 homeowners in Franklin have participated in the loan program. The improvements made with these interest-free loans have included new roofs, new furnaces, replacement windows, new hot water heaters, insulation and electrical repairs.
The interest-free loans available from the Franklin Homeowners’ Association are typically given to Franklin homeowners who do not qualify for conventional loans. Most recipients have been senior citizens with limited income; however, anyone meeting the loan criteria is eligible to apply. Repayment terms on these loans are structured to be flexible, based on the homeowner’s circumstances.
The Association is run by a Board of Trustees, consisting of seven members, all appointed by Council. Each Trustees serves for a four-year term. The Board has the responsibility for reviewing and approving loan applications, based upon the availability of funds.
|Wilber DePew||Mr. DePew was appointed to the Board of Trustees in 2006|
||Mr. Wiggerhaus has been a Trustee since 2017
||Mr. Ruppert has served on the Board of Trustees since 2017|
|Bob Knipper||Mr. Knipper has served on the Board of Trustees since 2005|
|Jane McGee||Ms. McGee was appointed to the Board of Trustees in 2006|
|Paul Scheuermann||Mr. Scheuermann has been a Trustee since 1996|
|Robert Ward||Mr. Ward has served on the Board of Trustees since 2002|