Quote:
Originally Posted by margaretmattson
There is an 80/20 standard. 80% of homes must be occupied by someone over 55. Someone needs to find a way to see if this is truly happening. One entire street in my CYV neighborhood is rented out. If the actual number of homes in TV are not OCCUPIED by someone 55+ or older, we can get the Developer for false advertising. Any unoccupied rental can be counted as not part of the 80% criteria as well as those that are occupied with no one over 55 plus. Can we demand to see the actual number?
If we can get the Developer for false advertising. Rentals would seize. Unless the Developer wants to buy back all 55+ owners homes. Would we be able to break the numbers up by district? Find one district with less than 80% who are 55+ and we got what we need.
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Quote:
Originally Posted by Bill14564
The highlighted statement is completely wrong. (i) at least 80 percent of the occupied units are occupied by at least one person who is 55 years of age or older Unoccupied homes would not be part of the 80/20 count.
It is unclear what "occupied" means in regards to a rental. Does it mean occupied on the day someone knocked on the door to take the count? Does it mean occupied for at least a week? If the count is performed by looking at the age on the Resident IDs that have been issued for a home then it would depend on when the list of IDs was created. |
I suppose I should get used to it on this site, but it still amazes me, how many folks just keep posting "FACTS!" they make up in their head.
Here are the "FACTS!" direct from HUD, on how the "count" works. (I believe there has been some minor interpretation changes made through the years.)
https://www.hud.gov/sites/documents/DOC_7769.PDF