Wednesday, October 31, 2007

Housing Authority Forcing Doctor To Sell Home; Her "Affluence" Violates Deed Restrictions

In Aspen, Colorado, The Aspen Times reports:
  • An Aspen doctor will appeal a recent court order to move out and sell her Ritz-Carlton Club affordable housing unit, her attorney said [last week]. The appeal comes after [a recent] decision by 9th Judicial District Judge Daniel Petre, who ruled in favor of plaintiff Aspen-Pitkin County Housing Authority. The ruling states that Dr. Amanda Tucker must sell her deed-restricted unit by Nov. 9. The Housing Authority sued Tucker in March 2006 in Pitkin County District Court, claiming that she didn’t meet the criteria to own the cut-rate housing. All the while, Tucker has continued to live at the townhouse, which she bought for $179,000 at a foreclosure auction in 2005.
The deed restrictions for the affordable housing unit bought by the doctor puts a $91,000 cap on yearly earnings for owners with two dependents. Additionally, their net assets cannot exceed $150,000. For more, see Doc fights to keep housing unit (Appeal expected in eviction case).