Rent doubling for Greensboro seniors

Residents at a Greensboro apartment complex are facing a rent increase, double in some cases, forcing them to make tough decisions about their housing future.

"The exorbitant amount of rent prices in the name of renovating or bringing something up to market value, I understand the necessity of that, but you don't have to do that, in my opinion, and cause harm while you're doing it," said Josie Williams, the executive director the Greensboro Housing Coalition.

GHC held an event Thursday to help the residents of New Garden Manor and British Lake Village. Both properties, managed by Brown Investment Properties, are seeing rent increases.

Brown Investment Properties sent a letter to New Garden residents in February notifying them that rent would be increased to $1230 per month in June. This applied to residents with expired leases who are thus living monthtomonth at the complex. In the letter obtained by News 2, the company said the rate increase is due to the "escalating cost of operation and the need for significant capital improvements." Currently, residents pay between $575 and $675.

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