55 and over MHP Communities....any experience/advice?


#1

Just curious if anyone in here has any experience running “senior” MHP’s? The park we are taking over has 18 tenants (all TOH’s) and only 4-5 are older (55+), but they are by far the best renters. This has given me thought to trying to move entirely in the direction of a senior-friendly (senior only) park but not sure if that’s actually a good idea or not as I know it would limit the amount of potential tenants and I know there are certain rules about how it would have to be set up so that we are not discriminating…any thoughts?


#2

It is probably illegal to discriminate in this way unless the current tenants themselves vote it in by 75% of all spaces or something. Probably state-law specific.


#3

This is NOT legal advice…CHECK THE LAWS…CONSULT AN ATTORNEY…

My park in Texas was 55+ when I took it over…
Do some research on your state and the Federal laws but in general as I have understood all I read on the topic.
There are exemptions to the Fair Housing laws for 55+ communities IF … 55+ parks require 80% of occupants at all times to be 55+… BE CAREFUL on your ads as far as wording etc. It’s not an ADULT park… it’s a 55+…Be prepared for the grandchild visiting/custody questions, etc.

https://labor.mo.gov/mohumanrights/Discrimination/housing
https://www.trulia.com/voices/Home_Buying/Are_the_communities_age_restricted_Will_I_be_q-278402
https://www.hud.gov/program_offices/fair_housing_equal_opp/seniors

I’m sure you can find more references.


#4

I’m not a lawyer, but there seems to be legal way to do this if you follow the rules:

https://www.hud.gov/program_offices/fair_housing_equal_opp/seniors