2/18/2023 0 Comments Aneta corsaut andy griffith![]() Her lease agreement has already lapsed, and the new owner has repaired her HVAC system. But Lopez says the offer doesn’t apply to her. Property owner Foxcroft Exchange LLC said it has offered to move tenants without heat to renovated units rent-free until their existing leases expire. That leaves Lopez stranded as rents spike across Oklahoma City. The complex swimming pool is still closed and filled with dead insects, even though the new owner has invested money in new equipment and decking.Įven with these issues, Foxcroft residents say rents at the complex are going up by as much as $200 a month as the landlord tries to move them into more expensive, renovated units at the complex. Tenants are locked in a lawsuit with the new landlord over the heating problems. The Foxcroft Apartments on NW 16 near Interstate 44 has cycled through several owners during the 10 years Lopez has lived at the complex.Īn investment group with at least one member in California with vast financial resources purchased the property for $7.4 million in September 2021 and promised a multimillion-dollar renovation, but maintenance problems have persisted. The only thing I could do is rent a hotel room - just temporarily,” Lopez said. It’s been hard to find another home in her price range with enough space. At Foxcroft, she pays $765 a month for rent. Lopez lives with her adult daughter, who is pregnant, and a 9-year-old granddaughter. Oklahoma also has inviting eviction laws for out-of-state landlords, with few protections for renters. Out-of-state investors are driving up prices for single-family homes and multi-unit properties in the city, pushing low-income people out of the market. Affordable housing in Oklahoma City is getting increasingly scarce. Lopez has few options when she has to move out of the Foxcroft Apartments at the end of September. Space heaters put too much of a strain on the old electrical wiring and she can’t risk turning on too many appliances at once or the lights will go out with a loud “pop.” ![]() When a faulty gas line left her without heat last winter, Valeria Lopez used her electric oven to try to keep warm at her Oklahoma City apartment. Editor’s note: This story is part of an ongoing series on affordable housing in Oklahoma City in partnership with the local media collaborative Oklahoma Media Center, the nonprofit newsroom The Frontier, The Oklahoman and the Oklahoma City-based magazine Curbside Chronicle. ![]()
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