CAI-NJ July 2018 (w)(1)

persons.” However, in December 1995, the FHAA was amended by the Housing for Older Persons Act of 1995 (HOPA), which eliminated the “significant facilities and services” required to qualify for the exemption. HOPA retains the requirement that housing must have one person who is 55 years of age or older living in at least eighty percent of its occupied units. Once an age-restricted community satisfies either of the following require- ments: (1) all residents are 62 years of age or older; or (2) at least eighty percent of the occupied units include one resident age 55 or older, then the community can proceed with creating its own age restrictions in compliance with state and municipal law. Municipalities are permitted to CONT I NU E S ON PAGE 24

Wilkin Management Group , Inc. 30 Years of History

For over 30 years, Wilkin Management Group has held to an unshakeable corporate philosophy of Creating Value for Our Clients. Our People, Process and Performance demonstrates an un-wavering commitment to do so. With locations in Northern and Central NJ Visit us on the web at www.WilkinGrp.com | 201.560.0900

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