When your lease expires at Heatherwood, you’ll be given a couple of easy choices, based on my own experience and that of everyone I’ve spoken to about the issue. You can either renew your lease on a fairly long-term, or you can go to month-to-month at a rate that’s so high you just couldn’t possibly believe it… I mean, they call it “market rate” but it’s anything but, and don’t you be tricked by such simple lies.
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Archive for the ‘Management’ Category
They Pretend It’s “Market Rate” Rent… But Get Real
Wednesday, October 8th, 2008What it Takes to Qualify for Low-Income Tax-Credit
Saturday, October 4th, 2008Heatherwood Apartments operates under a very unique “tax-credit” umbrella, and a lot of prospective tenants misunderstand the requirements of this program. On the surface it sounds plain enough; they have to rent to a specific number of low-income tenants, and as long as they do so, they get a substantial tax credit. It’s enough to more than make up for the discount afforded, but you’re missing the critical element here… you have to be poor, but they DO NOT have to give you a good deal.
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Repairs Rarely Done & Poorly At That
Wednesday, October 1st, 2008When I first moved in, there were tons and tons of problems with the apartment, and I immediately demanded these items repaired without success. I put all my complaints in the Move-In report, but it didn’t matter. That only counts when it comes time to move out.
We had a broken door in the hallway, broken lights in the bathroom, and a balcony door that wouldn’t even unlock to open. We complained by telephone without result. We complained in person (and watched the assistant manager write it down) without result. Then we wrote it down and mailed it to them, and within two-weeks theses problems were fixed.
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A Word About Charito
Thursday, September 25th, 2008The Heatherwood was a brilliant concept in profitability by whomever conceived it. They get tax credits for permitting that YMCA on site, and far more credits still by catering to Low-Income tenants… but that doesn’t mean they have to give a discount.
They way Low-Income Tax-Credit apartments works has nothing to do with how much the residents pay, but rather, how much they earn.
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