Affordable housing, saved

Friday, February 10, 2012 - 16:30 in Mathematics & Economics

Representatives from the state, Harvard University, and the city of Cambridge joined with elected officials, affordable-housing advocates, and local residents on Feb. 8 to celebrate preserving the affordability of 25 homes in Chapman Arms Apartments in Harvard Square. The success resulted from a partnership between the city and Harvard, since the University holds the ground lease for the building, and the agreement was the first implementation of the state’s new preservation statute, Chapter 40 T. “The accomplishment of preserving affordable units in the heart of Harvard Square is such a tribute to the commitment of the Cambridge City Council,” said Bob Healy, city manager, who is also the managing trustee of the Cambridge Affordable Housing Trust and has worked to strengthen affordable housing during his 30 years with the city. “It’s also important to remember all that Harvard has done in partnership with the city of Cambridge in the area of affordable...

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