Word: spoa
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Dates: during 1990-1999
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Both the city and the tenants dispute SPOA's claims, however, and question the validity of the study...
...lawsuit charges the city with nine counts of constitutional violation, according to John Natale, a member of the Small Property Owners Association (SPOA), the plaintiffs in the case...
...suit, based on a two-part, SPOA-commissioned study, alleges that rent control failed to accomplish its goals and has become a disproportionate public burden, when it should be the responsibility of the city government...
...sounds noble, but in reality, the city is not paying one dime towards subsidizing tenants. The owners are," said Denise E. Jillson, co-chair of SPOA...
...according to Jillson, there is no longer a housing emergency in Cambridge--the vacancy rate is currently 6 percent, she says. In the SPOA report, figures indicate that the maximum rents landlords can collect--"fair net operating income"--do not cover the minimum costs of maintaining the property...