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Trust Poured More Than $20M Into City's Housing Last Year

Cambridge program seeks to staunch rising rents

Rubenstein said the average rents for one-, two-, and three-bedroom apartments in Cambridge are $1,150, $1,600 and $2,000 respectively.

"Those are extremely high rents that have to be supported by extremely high incomes," she said.

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Meanwhile, there are about 9,800 people on the Housing Authority waiting list, according to Rubenstein.

"That's a lot of folks," she said.

Looking toward the future, Rubenstein said the city will try be aggressive in its actions, keeping affordable housing to 15 percent of the city's total and making more middle-income residents eligible for affordable housing.

"Production and increasing the supply is absolutely the crucial thing," she said.

A Housing Solution?

After the presentation of the progress report, the City Council held a roundtable discussion on the issue. Extending affordable housing to those in the middle-income range was a major topic of discussion among the councillors.

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