Quote:
Originally Posted by margaretmattson
I read the HUD information. It states that a community is defined by how it is advertised. The developer advertises it as a 55+ community. Don't get your point on posting the information. But, thanks though.
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It was in response to some incomplete and incorrect information someone else posted, about how communities are required to maintain the 80/20 ratio and how those numbers are to be counted.
& considering that all 55+ communities are regulated under the Housing for Older Person Act of 1995, I figured the actual Regulations as administered by HUD, might be more relevant than some of the nonsense I've seen posted here.