p/l48t7g

@CajsaLilliehook

Sat, Jul 25, 2015 2:10 AM

So that rent increase was not a typo, but it was a mistake:
Company: $1,000 rent increase a 'grievous error'
According to CC, their staffer mistakenly put the fair market value on the affordable housing lease.
If that's FMV...

(((Cajsa)))

@CajsaLilliehook

Sat, Jul 25, 2015 2:11 AM

When she called, she was told it was not a typo, I guess she must have talked to the person who made the error and sent that out wrong to more than one person

(((Cajsa)))

@CajsaLilliehook

Sat, Jul 25, 2015 2:17 AM

and yeah, the company increased to the rent to the maximum Home Forward will subsidize, but that is not the amount the renter pays.
blogtown.portlandmercury.com/BlogtownPDX/archives/2015/07/24/mccoy-village-apartments-totally-insane-rent-hike-might-be-a-mistake

Merry Morgan 🎀

@morganmadcap

Sat, Jul 25, 2015 2:27 AM

oh good it was a mistake. O.O;;;

Madalynn Rose

@MadalynnRose

Sat, Jul 25, 2015 2:46 AM

well, that's solved

Alaska

@AlaskaMetro

Sat, Jul 25, 2015 5:15 AM

I'm so glad your friend isn't facing a horrible dilemma after all! Also, fair market value?? I just moved out of a 1,000 sq. ft. downtown condo in Vancouver with a huge kitchen that was just over that price...

Alaska

@AlaskaMetro

Sat, Jul 25, 2015 5:16 AM

And I've been told Vancouver is more expensive than most N.A. cities minus NY & SF. So I call shenanigans on market value on that place...

(((Cajsa)))

@CajsaLilliehook

Sat, Jul 25, 2015 6:41 AM

Heres my guess. The 10 year property tax exemption is expiring. I think this was the company trolling the city to pressure them into giving them another 10 years of no property taxes.

Henrietta

@FeistyFeline

Sat, Jul 25, 2015 6:46 AM

Well at least she doesn't have to worry about that. Geez.