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New Hampshire Business Review (2/10/2016)

City NewsMarty Parichand

Bank’s $30,000 grant supports Franklin revitalization effort

Mission of PermaCityLife organization is to preserve city’s historic downtown storefronts and buildings

By NHBR Staff

Published on February 10, 2016

Franklin Savings Bank has donated $30,000 to PermaCityLife, an organization working to revitalize Franklin’s downtown.

The group recently acquired seven on the city’s Main Street of Franklin and is working with potential tenants to move their business to the city.

Founded in 2014, PermaCityLife is a nonprofit with a vision to create positive and sustainable economic growth in downtown Franklin. Part of its effort includes preserving Franklin’s historic storefronts and mill buildings.

“Within the last two years, we have seen progress in downtown Franklin with the revival of two buildings and a storefront – all within a few steps of our main office,” said Ron Magoon, president and chief operating office of the bank. “It will be nice to see Franklin return to the great little city it once was where people will want to spend time enjoying all that it has to offer. There is a growing sense of pride and community that is simply wonderful to see and feel.”