Housing Development

The diverse nature of the City of Cambridge with its various and vibrant neighborhoods, internationally known universities and historic structures, creates a seemingly endless demand and desire to live in Cambridge.

Since the 1960s, the chance to live in Cambridge, especially for low- and moderate-income households, has been seriously limited by the City’s housing market. HRI continues working to combat this trend by developing affordable housing across the City. HRI does this in two ways: by acquiring properties on the market that are then rented at affordable rates and by building new affordable developments.