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08-14-2017, 04:05 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,413
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Quote:
Originally Posted by Rapscallion St Croix
Oh, it is monitored. HUD requires the community to provide updates bi-annually. If The Villages is found to be outside the parameters it will lose it's status as an age restricted community forever. It would't be long after that before we would have families with small children moving in.
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I do not know if the Wikipedia short version of what happened is accurate but the first age restricted retirement community in the United States, Youngtown, AZ, did lose or give up its age restricted status. Youngtown, Arizona - Wikipedia
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