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Caltrans raising rents along 710 extension route

PASADENA, Calif. (AP) -- Responding to a critical audit, the California Department of Transportation is raising rents for 310 tenants of homes it bought decades ago for a proposed extension of State Route 710 east of Los Angeles.

The Pasadena Star-News (http://bit.ly/U0QT24) says Caltrans mailed the notices Friday.

Rents will increase in 10 percent increments starting on March 1. Caltrans spokesman Will Shuck says increases will continue until rents reach “fair market” rates. Rents for 250 other tenants will stay the same or drop.

The audit found that many Caltrans properties along the much-debated extension route were renting below market, losing millions.

The extension would close a gap between the end of Interstate 710 and Interstate 210. Residents of South Pasadena have battled against the extension. A tunnel is among options under study.


Information from: Pasadena Star-News, http://www.pasadenastarnews.com/

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