Word: low
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Dates: during 1980-1989
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Harvard's plans for the site include 80 rental units for Harvard affiliates, 10 to 12 units of low-cost housing and a child care center, according to The Harvard Gazette. The Boston firm of Goody, Clancy, and Associates has prepared the plans for the two additional buildings Harvard will construct, The Gazette reported...
Father John P. Boles, the pastor of St. Paul's, said Harvard would make the lot "available" for a developer to build about 10 low-to-moderate-income units, but will work with the parish to find the right developer...
Because the parish wanted low income housing on the land, Harvard lowered its offer to $3 million and promised to build the low-cost hous- ing. But the University lost out to a $7million offer made by Boston developer H.J. Davis,and the church announced the closure of the saleto Davis...
...farms started mechanizing and becoming less labor intensive. Says John Keller, a professor of regional and community planning at Kansas State: "Many of these communities peaked in 1890. This has been the longest deathbed scene in history." Many towns tried to diversify in postwar years by attracting industry, especially low-paying light-manufacturing businesses. Many of those jobs, however, were eventually lost to even lower-wage foreign suppliers, especially during the run-up in value of the U.S. dollar in the early 1980s. During this decade, rural areas have created new jobs at only 40% the rate of metropolitan centers...
Rather than trying to re-create the web of regulations and subsidies that once supported rural America, federal policy should concentrate on helping rural areas compete in the new global economy. Economist Robert Reich of Harvard University believes that rural America must shift its dependence from production of low-value, high-volume products like grain and simple manufactured goods to high-tech manufacturing and services. To make that transition, business and government would have to pump more money into rural schools, hospitals, roads and other infrastructure. Says Van Hook: "We have to make some investments in rural America...