Word: below-market
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...University has also agreed to voluntarily keep rent at below-market rates for "protected" tenants as long as they live in Harvard property. Seventy-eight Harvard tenants currently qualify for "protected" status due to low income or disability...
...Cambridge City Council Committee on Housing wants Harvard to sell 700 former rent-controlled apartments at "below-market rates...
...Meacham, organizer of the activist group Eviction Free Zone, the plan would lend backbone to a report issued last October by the council's Housing Committee. The report called on Harvard and the city to jointly fund the sale of the University's 700 formerly rent-controlled apartments at below-market rates...
...Maddox adds that landlords will be less likely to repair housing units that yield below-market rents...
...competent landlords committed to the continuing availability of affordable housing in Cambridge would be no loss to Harvard and would be an immeasurable gain to the city and its inhabitants, on campus and off. Cambridge is incredibly fortunate to have pople who are willing to maintain tenants at below-market rates, people who are so enthusiastically committed to the needs of Cambridge's citizens and of its communities. Harvard is in the incredibly fortunate position of being able to help everyone out. Alternatively, capitalizing on this sudden social and economic crisis is shortsighted and unconscionable...