Word: fpha
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Dates: during 1940-1949
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...said that at the present time only half of the 386-unit Harvardevens Village project was filled, with virtually all of the FPHA-sponsored conversion work completed. After next term, he estimated, about 100 family spaces will not be occupied by Harvard students...
According to Reynolds, the possibility exists that the FPHA will attempt to reposses the vacant units. Several plans are now under consideration by University officials, he said, to forestall such a move, but no details are available at the present time...
Meanwhile, Edward Reynolds '15, administrative Vice President, announced that 165 of the 385 units at Harvard evens Village had already been filled by veterans, and that 256 completed units had been accepted by the University from the FPHA. He said every applicant now on the Strauss Hall Housing Office list had been offered an assignment in the Devens project, but that all answers would not be in until the end of the week. Reynolds predicted, however, that space in the development would eventually be offered to non-veterans as well as veterans in an effort to get the Village filled...
Pegged at three levels, the rents run from $41 to $55, stopping for the two-bedroom units at $48; all utilities are included. Rents on the Jarvis and Divinity School fields FPHA units start at $30 and quit when they get to $35, although heat is not included in this figure. How come, the Villagers want to know, are our rents so much higher...
...answer apparently lies someplace in the toils of the FPHA, who juggle various factors and arrive at a "fair rent value" for all their units...