Word: controled
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...complex stood vacant, but Cambridge’s powerful Rent Control Board denied Harvard’s petition to remove the low- and moderate-income units from Cambridge’s tight rental market and make much-needed renovations...
...Roger Mervis, the executive director of the Rent Control Board at the time, called the Craigie Arms dispute an “aggravating factor” in the town-gown relations of the early 1980s...
...according to Jacqueline O’Neill, the assistant to the vice president for government and community affairs in 1983, the University’s predicament came about not as a result of its policies, but rather the nature of the rent control administration in Cambridge...
...rigidity of the Rent Control Board created an impasse that didn’t help tenants or landlords,” O’Neill said...
...eventual removal of Craigie Arms from the rent control roster did not have the feared negative impact on affordable housing in Cambridge, since the University invested much of the profit from the sale of the apartments in 1985 to the Harvard Emergency Loan Program (HELP) fund, a half million-dollar program designed to rehabilitate deteriorated low-income housing...