Felons, the expelled find a second chance to find housing | Latest news
The program comes at a price: Customers pay a program fee, which Boynton says is typically an additional $ 83 or $ 100 per month.
A 375 square foot studio with an alcove at Palo Verde Terrace costs around $ 500 per month. A 550 square foot bedroom costs around $ 600, and a two bedroom 800 square foot bedroom costs $ 600 to $ 700 per month.
Similar-sized apartments in the area cost around $ 440, $ 550, and $ 650, respectively, according to market data provided by Chapman.
The bonus allows Second Chance Rentals to help customers when they have a “financial disruption,” such as unforeseen medical bills or car repairs, Boynton said.
Where many landlords would charge late fees after five days, Second Chance Rentals gives customers 30 days to make payment or set up acceptable arrangements, a practice that “breaks the cycle” of people using payday loans or title deeds to pay their rent.
“People can’t fit into that square box of living paycheck to paycheck,” Boynton said.
After several years of struggling to overcome evictions and a conviction for auto theft, Rochelle Purvis, 44, was one of the first people to live in Palo Verde Terrace under the new owners.
She pays $ 675 for a two-bedroom apartment, including rent and program fees. “I feel like it’s fair,” she said of the award.