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Originally Posted by Marathon Man
Quite a leap in logic. The first part, if true, does not prove the second part.
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Originally Posted by Marathon Man
To those that continue to believe that no one is keeping track of HOPA compliance: I suggest that you attend the next meeting of your CDD Board of Supervisors and ask them if and how it is done. It is definitely tracked as required by federal and state law.
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Originally Posted by JGibson
How do you track occupancy of AirbNb and other rentals?
They may monitor the ownership but they can't possibly monitor who is actually living here.
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Originally Posted by bperella
My daughter was interested in buying a new build at age 44. The agent "applied" and we were told she was refused. We were told we could buy it (well over 55) and after 1 year transfer ownership to her. Effectively a resale.
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Quote:
Originally Posted by oldtimes
I contacted HUD and was told the the developer had not received any money or tax breaks from them so it was not their issue, so it is not regulated or enforced.
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The regulations are enforced and the Developer is required to submit their conformance plan to HUD for approval. I suspect the Developer is very careful about selling homes to buyers under 55, as maintaining compliance is critical to the Developer's business/marketing model.
Why you ask?
Without the "qualified housing for older Americans" exemption, the Developer loses all rights to "discriminate". In other words, if the Developer was audited and lost their status (exemption), they could no longer restrict "age" or occupancy in any way. Not only would that completely obliterate their marketing philosophy, the lawsuits from existing residents would be crippling.