Monday, March 16, 2009

The Seniors At El Dorado Need Your Help Now!

The rent control initiative will be at Vons and Super A on Saturdays from 1pm-7pm and Sundays from 1pm-5pm.
The initiative will make it so the condo conversion will be much harder to get approved. It will also reduce the rent increases significantly.
Without your signatures many seniors will have to abandon their homes. If the condo conversion is allowed, WE will be paying for all park maintenance. This added cost will drive seniors from their home. Then where do they go?
We also need to slow down the rate of rent increases. I think that the people who moved in within the last 10 years never realized what their 4.5% increases would do to their rent in 10 years. At 4.5% rent nearly doubles in 10 years. At the signing of the lease, they see the rent right now and don't think of 10 years from now. The initiative will likely cut the increases in half, helping the seniors to be able to afford to live here longer.
Please talk to everyone you know about this terrible situation and encourage them to sign our initiative.