LOS ANGELES: Tenants of a low-income housing apartment building are afraid of being forced to move out.
An agreement protecting the seniors housing tenancies expires in 2017.
An investment firm has now purchased the property and sent a letter to residents saying it is not economically viable to extend the agreement.
According to emails seen by seniorshousing if the agreement is not extended there would be two options. One option would be to sell the property to a non-profit. The second option would be to get rid of low income housing at the location…