Quote:
Originally Posted by Marathon Man
Everyone sees 55+ and assumes that means 55+ ONLY. That is not the case here in The Villages. There are a lot of under 55 living here. Not just living with a parent, but a many under 55 year olds own and live here. It is not a "retirement" community. It is a deed restricted community that allows permanent residence to anyone over 18 and up to 20% of the homes can be owned by under 55 YO people.
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The Fair Housing Act provides exemptions that allow a community to de facto discriminate based on age without de jure discrimination. The exemptions are administered by HUD
In order to qualify for the "55 or older" housing exemption, a facility or community must satisfy each of the following requirements:
At least 80 percent of the units must have at least one occupant who is 55 years of age or older; and
The facility or community must publish and adhere to policies and procedures that demonstrate the intent to operate as "55 or older" housing; and
The facility or community must comply with HUD's regulatory requirements for age verification of residents.
If the community fails to document/verify, they lose the exemption and after that, families with multiple rugrats can move in by the zillions.