Do the Fresh Pond towers have a good reputation? My impression of Cambridge's public housing is that the town has always been wealthy enough to keep their projects maintained and safe, thus avoiding the issues that grew in many of the other projects around the country.
How wealthy the town is has little to do with it. This is a privately owned property funded with project based Section 8. That is, the Sec 8 money flows to the owner, not to the tenants as in the Sec 8 voucher program. The funding is all federal, every penny of it, in Cambridge and everywhere else; the local tax base is irrelevant.
What is locally relevant is that the federal money almost always flows through a local housing authority before reaching the owner. (There’s a handful of deals that get it directly from HUD but I’m 99% certain the PBSec8 on these towers comes through the Cambridge Housing Authority. Also, there’s publicly owned housing, but these towers aren’t in that bucket.) The local issue is whether a town has the political will or interest to staff up a housing authority with competent and dedicated people who then ride herd effectively on owners with PB Sec8. Voters in Cambridge actually do expect government to function at governing, and so the CHA has a reputation as being pretty decent, as housing authorities go. When you read about housing authorities run amok (looking at you, Chelsea), it’s not a lack of federal dollars, it’s either a lack of local attention or some sort of patronage nightmare, both of which can end up allowing those federal dollars to get either misspent and/or stolen. This nearly inevitably results in the properties becoming hellholes.
During the 80s, funding from the federal government fell to a point that even the best cities were struggling. That’s not as bad a problem now. From everything I’ve heard, this property became pretty bad in the 80s, but that’s hearsay, long before my time in the area.
The Ridge Towers, as I think they’re called, went through a big workout in the 00s, brought in tax credit equity to pay for a large-ish rehab (obviously not to the aesthetics), plus got their rent subsidy increased by HUD so that the maintenance budget could keep it up to snuff after the rehab. Word in the biz is that it’s in a pretty good operational place for the last so many years and looking stable for the foreseeable future. I’ve heard nasty stories about the 80s though.