Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on .

User Stats

45
Posts
20
Votes
Adam Haman
  • Rental Property Investor
  • Denver, CO
20
Votes |
45
Posts

How to start a 55+ community?

Adam Haman
  • Rental Property Investor
  • Denver, CO
Posted

Good afternoon!

Some investors and I are the principal purchasers of a new apartment development in Colorado Springs, CO. We're wondering how we can go about making our community a 55+ community. Who do we talk to, and what rules do we have to follow?
On the HUD website it says only that:

  • At least 80 percent of the units must have at least one occupant who is 55 years of age or older; and
  • The facility or community must publish and adhere to policies and procedures that demonstrate the intent to operate as "55 or older" housing; and
  • The facility or community must comply with HUD's regulatory requirements for age verification of residents

This all seems a bit too easy to me, but can't really find step-by-step directions anywhere to do this. Any thoughts or ideas on the proper person to talk to about this? 


Thanks a million BP!

  • Adam Haman