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In 1969, the City of Boston sought and was granted the ability to institute rent control. [1] In 1970, the state authorized rent control in municipalities with more than 50,000 residents, potentially affecting to more than 40 communities. [1][2] The effort was spearheaded by a group of Harvard University graduate students.
Rent regulation is a system of laws for the rental market of dwellings, with controversial effects on affordability of housing and tenancies. Generally, a system of rent regulation involves: Price controls, limits on the rent that a landlord may charge, typically called rent control or rent stabilization. Eviction controls: codified standards ...
In the early 1990s, rent control in some cities, such as Boston and Cambridge, Massachusetts, was ended by state referendums. [27] When rent control ended in Cambridge, the city realized a 20% increase in new development and an increase in property values, according to a study by the MIT Center for Real Estate. [28]
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [9])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
Relatives. Sandra Sommer (sister) Website. rappaportfoundation.org. Jerome Lyle Rappaport (August 17, 1927 – December 6, 2021) was an American lawyer, developer, political leader, and landlord. Rappaport is also known for his philanthropy in Boston, Massachusetts, and Stuart, Florida. He was the general partner of one of the most ...
Byrne and Kremer managed the work-out of the Bank of New England's $500 million portfolio of non-performing real estate loans. In 1992, Byrne and Kremer founded Boston Capital Institutional Advisors and between 1992 and 2004 invested more than $5.5 billion in commercial real estate in more than 1,800 properties in 48 states. [4]
The Boston Planning & Development Agency (BPDA), formerly the Boston Redevelopment Authority (BRA), is a Massachusetts public agency that serves as the municipal planning and development agency for Boston, working on both housing and commercial developments. As an agency concerned with urban planning, the BPDA does not consider requests for ...
John Fish is an American businessman. He is the Chairman and CEO of Suffolk Construction Company, the largest building company in New England. [1] He is chairman of The Real Estate Roundtable [2] and of the private effort to secure Boston’s bid for the 2024 Summer Olympics. Fish was the chair of the Greater Boston Chamber of Commerce and was ...