Harvard Planning and Real Estate (HPRE) has announced approval of the new rent schedule for approximately 2,300 Harvard-owned apartments rented by graduate students and other University affiliates. The new rents will take effect July 1, when the 2000-01 rental season begins.
The Faculty Advisory Committee on Affiliated Housing has reviewed the comments received from members of the Harvard community and has endorsed the new rents that were proposed in the Harvard University Gazette (January 27, 2000). The increase for affiliates currently residing in Harvards Affiliated Housing will be 2.5 percent this year. For new affiliates who sign leases beginning July 1, the average rent increase will be 3.3 percent. The mailing of lease renewal packages detailing residents specific rents commenced in late March.
Continuing residents in formerly rent-controlled apartments will receive rent increase notices in early April; however, the average increase is expected to be 13 percent, since many former rent-control residents already pay rents that are well below market rents.
“Affiliated Housing remains an excellent housing choice for affiliates,” said Susan Keller, HPREs director of residential real estate. “All complexes are conveniently located near the University and have 24-hour maintenance services. There is a broad range of apartment types and a range of rents.”
Affiliates who are not currently residents in Affiliated Housing, but who are interested in renting an affiliated apartment in 2000-01, should obtain a copy of the Harvard Affiliated Housing booklet from the Housing Office at 7 Holyoke Street, or call the application request line, (617) 495-3377. The booklet describes the broad range of apartments available at affiliated complexes, provides information on the rental process, and includes sample floor plans, estimated rents, an application, and instructions.