Quote:
Originally Posted by Skybo
...And in order for a community to be legally designated as “age-restricted”, 80% of the homeowners have to be 55+....
|
The Housing for Older Persons Act of 1995 (HOPA) does not use the term owner or homeowner. It simply states that to qualify as "housing for older persons", at least 80 percent of the occupied units are
occupied by at least one person who is 55 years of age or older