Age Restrictions for Rental Properties Insured by the Federal Housing Administration
Resolved that NAHB urge the Department of Housing and Urban Development (HUD) to provide the Federal Housing Administration mortgage insurance pursuant to the Sections 221(d)(3), 221(d)(4) and 223(f) programs for age-restricted housing intended solely for older persons in conformance with the spirit and intent of the Fair Housing Amendments Act of 1988 and the Housing Older Persons Act (HOPA). In the event that HUD fails to do this on its own, NAHB will urge Congress to pass legislation requiring such action.
Resolution originally adopted: 2004.4, Resolution No. 1
Committee with primary jurisdiction:
- Multifamily Council Board of Trustees