Word: rth
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Dates: during 1970-1979
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...include three acres of additional Harvard-owned property, now occupied by about 100 housing units, only about half of which are inhabited. According to Donald C. Moulton, assistant vice-president for community affairs, the extra acreage was added to provide more space for the large family units that RTH feels are necessary to preserve the residential character of the neighborhood...
...underground parking garage. Out of a total of 858 units, the Department of Housing and Urban Development and various local agencies will subsidize 500 at low and moderate-income rates, with the remaining 358 units available at market rate. Harvard has agreed to subsidize tenants from the RTH neighborhood to cover the difference between the rents they are paying now and the new rents, which will be calculated as a percentage of income...
...million MHFA loan, $1.8 million of which will be paid to Harvard as compensation for the 13-acre site. After 40 years, the University will have an option to repurchase the land. The 1970 proposal called for Harvard to "lease the land known as the Convent site to RTH and/or their designee for a minimum of 50 years at $1.00 per year...
...realization of this fact may account for Harvard's recent cooperative attitude, Sharratt said. He also attributed the University's willingness to respond to tenants to the bad publicity it was receiving. RTH's 1970 proposal included "a factual report of how [Harvard] had done wrong," complete with 22 pictures of building violations in the area--broken windows, rotting porches, exposed wiring, crumbling walls and ceilings. "Harvard's ago was hurt," Sharratt said. "On one level, it was a question of public relations. And there was a moralistic level...
...RTH has not yet given its final approval to the development plans, but it seems likely that it will do so before the plans go before the MHFA next week. Construction is scheduled to begin in the fall and to be completed by the spring of 1977. "It's going to be a good deal for the city and for the community," William Franklin, one of the ten members of RTH's executive board said last week. "But we're still on the ground floor and there's still a lot to be done." This is one community that...