New Year begins with big rent increase for some

December 31, 2007 3:23:21 PM PST
Not everyone will be happy to see the New Year. That's because the start of 2008 means an increase in rent for some senior citizens in Camden County.

Yolanda Cope and husband John are among dozens of senior citizens living at Edgwood Gardens 2 in Winslow Township being hit with a $90 a month rent increase starting New Year's day. The hike follows a $100 a month hike in 2007. The rent on a two bedroom has gone from $450 to $640 in two years.

Donna Duckworth, the ceo for the management company, blamed the big increases on skyrocketing municipal and other services.

The U.S. Department of Agriculture Rural Development holds the mortgage on the complex. The seniors have gathered over 100 names on a petition that they plan to send to the government looking for some relief

The USDA said it would try to find more rental assistance money in hopes of helping the seniors. In the meantime, 2008 will start off with another big rent increase.