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A study by the National Low Income Housing Coalition rated Massachusetts as being the least affordable state in which to rent an apartment in 2003. [6] Despite the law, fewer new affordable housing units are built in Massachusetts compared to the state's needs. The state government as a policy works toward increasing the supply of inexpensive ...
Those who lived in rent controlled apartments included Ruth Abrams, a Justice of the Massachusetts Supreme Judicial Court. [5] [9] Kenneth Reeves, the mayor of Cambridge, Massachusetts at the time rent control was repealed in Massachusetts, was living in the same rent controlled apartment he lived in as a Harvard student in 1973. [5] [9]
Rent control existed in several Massachusetts communities from 1970 to 1994. During this time, at least 20% of all rent-controlled apartments in Cambridge housed the rich. [74] The vast majority housed middle- and high-income earners. [74] They included Frederik, Crown Prince of Denmark. [74]
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
William A. Moses, the founder of the Community Housing Improvement Program, a trade association that represents the owners of over 4,000 apartment buildings in New York City, said in 1983 that rent control was "the principal reason for neighborhood deterioration" and that at least 300,000 apartment units would have been built in New York City ...
Mary Louis' excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis, a Black woman, received an email saying that a “third-party service” had ...