Sunday, September 21, 2008

Affordable apartment rentals

Article source Link



And residents of the 190 apartments were put on notice that rents for many would go up between $75 and $150 a month, more than a 20 percent increase for some.
The irony did not escape attorneys at the Housing Preservation Project in St. Paul, who asked the Minnesota Housing Finance Agency to investigate whether the actions violated policies for housing tax credits. This week, the agency agreed to do so.
However, the developers of the project, Gardens East Limited Partnership, said they are in compliance with all regulations. The rent hikes and orders to leave are the result of converting the apartment complex into lower-income housing, which requires them to link rent to renters' incomes.
I don't understand it, said Elaine Bryne, a senior citizen whose rent went up $150 a month over the summer. A lot of us have lived here for years, paying our rent on time and not causing trouble. Now when you see people in the hall, everyone asks 'How much is your rent now?' or 'Did you get evicted?'
Jack Cann, an attorney at the Housing Preservation Project, said his organization plans to use the Roseville complex as a poster child at the state Legislature for the need to better regulate the millions of dollars in low-income housing tax credits awarded across the metro area




Bushnell refractor telescope

Asthma airways

Lcd projector rentals

Telescope reflector

Townhouse for rent

Learning board games

Business magazine

Labels: