Word: tenants
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Dates: during 1990-1999
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Section 8 certificates entitle their holders to live in private housing, paying only what they can afford. The federal government covers the difference between rent paid by the tenant and the market rate charged by the landlord...
...proposal for a new transfer tax and $20 million bond authorization aimed at contracting companies to purchase former rent-controlled apartments drew support from residents and tenant advocacy groups, such as the Campaign to Save 2,000 Homes. Under the plan, firms would then rent the units to tenants at affordable prices...
Indeed, Cambridge's last mayor and a former rent-control tenant, Kenneth E. Reeves '72, became one of the most notorious symbols of well-to-do residents benefiting from poorly designed rent protections...
Meanwhile, Cambridge Mayor Sheila Doyle Russell asserts that needy tenants were a minority of those living under rent control. "When we got down to the protected status tenants, they only got to be about 10 percent of rent-controlled apartments", she says. Russell adds that had tenant advocate groups been more flexible in 1994, a means-based system might have been enacted...
...Tenant advocates insist that if scrapping rent-control regulations does not force low-income residents out of the city, escalating property values and the paucity of low income housing will