Harvard Planning and Real Estate announces rent approvals for 2001-02

Harvard Planning and Real Estate (HPRE) has announced the 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 2001-02 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 (Feb. 1). The increase for affiliates currently residing in Harvard’s Affiliated Housing will be 5 percent this year. For new affiliates who sign leases beginning July 1 the average rent increase will be 7 percent. The mailing of lease renewal packages detailing residents’ specific rents will commence in late March.

Rent increases for continuing former rent-control residents who reside in Harvard’s properties will be announced in late March or early April.

“Affiliated housing remains an excellent housing choice for affiliates,” said Susan Keller, HPRE’s director of Residential Real Estate. “All complexes are conveniently located near the University and have 24-hour maintenance service. 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 2001-02 should obtain a copy of the “Harvard Affiliated Housing” booklet from the Harvard Housing Office at 7 Holyoke St., or call the application request line at (617) 495-3377, or visit the Affiliated Housing home page at http://www.hpre.harvard.edu/RRE/affiliate/.

The booklet and Web site describe the broad range of apartments available at Affiliated complexes; provide information on the rental process; and include sample floor plans, estimated rents, and an application and instructions.