HOW DOES A 55+ ADULT COMMUNITY WORK?
Village Bungalows is an age-restricted senior living community created for active adults over 55 years of age. The federal law allows certain housing communities who share common policies and rules to classify themselves as housing for buyers over the age of 55. The law arises out of Title VIII of the Civil Rights Act of 1968 (the Federal Fair Housing Act), as amended by the Fair Housing Amendments Act of 1988 (the Fair Housing Amendments Act), and the Housing for Older Persons Act all of which prohibit discrimination in housing and real estate related transactions based on race, color, religion, sex, national origin, handicap and familial status (the presence of children under the age of 18 in the household). However the prohibition against discrimination based on familial status exempted in certain “senior” housing. The bottom line is that Village Bungalows was specifically designed and incorporated to ensure a pleasant living environment for those who have attained 55 years of age. In fact, 100% of the homes within Village Bungalows MUST, BY LAW, CONTAIN AT LEAST ONE PERSON 55 YEARS OF AGE OR OLDER and certain age verification requirements must be implemented and maintained.
WHAT MUST A HOUSING COMMUNITY DO TO QUALIFY FOR THE 55 OR OLDER HOUSING FOR OLDER PERSONS EXEMPTION?
(1) At least 80 percent of the occupied units must be occupied by at least one person 55 years of age or older
(2) The owner or management of the housing community must publish and adhere to policies and procedures that demonstrate intent to provide housing for persons 55 years or older
(3) The community must comply with rules issued by the Secretary for verification of occupancy through reliable surveys and affidavits
DOES THE RULE REQUIRING 80% OCCUPANCY BY ONE PERSON WHO IS 55 OR OLDER MEAN THAT ALL THE REMAINING 20% OF THE SALES/RESALE’S CAN BE MADE TO THOSE WITHOUT AT LEAST ONE PERSON BEING 55 YEARS OF AGE OR OLDER?
No, it does not! The government establishes the 80% threshold as a minimum qualifying level in order for the community to maintain its exemption. The law allows communities to impose more restrictive age & occupancy requirements than that required by HOPA and qualify for the 55 older exemption. (See question 16, Q&A concerning the final rule implementing the Housing for Older Persons Act of 1995 (HOPA).
Practically speaking, the 80% provision allows for the possibility and probability of “LIFE CHANGING EVENTS” that result in the occupancy of a home “SOLELY” by a “NON-QUALIFYING INDIVIDUAL”.
Example: The death of a qualifying spouse (55+ years old) WOULD NOT disallow the continued residency of the Non-Qualifying (by age) widow/widower.
WHAT ARE THE RULES AND REGULATIONS TO ENSURE THE VILLAGE BUNGALOWS HOUSING FOR OLDER PERSON’S EXEMPTION (80% RULE) WILL NOT BE JEOPARDIZED?
CONTRACTS FOR SALE OR LEASE of new or existing homes CAN NOT be accepted from Buyers who do not have at least one qualifying occupying resident. Example: A 55+ Buyer who intends to purchase a residence for Non-Qualifying Occupants, but does not intend to occupy it would be in violation of this rule. Example: A purchase made by a Non-Qualifying Buyer (<55 years old) for occupancy by a qualified resident(s) WOULD be permitted.
PRIOR TO ACCEPTING A CONTRACT FOR SALE or LEASE, it is the responsibility and obligation of the selling resident and/or Residents Heirs to verify the age qualifications of the Buyer(s). Such verification must be immediately submitted to the VILLAGE BUNGALOWS HOA, who reserves the right to disapprove ANY sale/lease made to a NON-QUALIFYING PARTY.
RELIABLE AGE VERIFICATION DOCUMENTATION INCLUDES: Birth Certificate, Drivers License, Passport, Immigration Card, Military Identification, or any other state, local, national or international documentation, provided it contains current information about the age or birth of the possessor.
CAN CHILDREN (18 YEARS OR YOUNGER) PERMANENTLY RESIDE IN A VILLAGE BUNGALOWS RESIDENCE WITH A QUALIFYING RESIDENT (55+)?
Children 18 years or younger are considered “guests” and MAY visit/reside “ONLY” on a temporary basis defined as not more than a total of (90) days in a twelve-month period. (Section 5.01 of the Master Declaration of CC&Rs)
HOW MUCH ARE THE VILLAGE BUNGALOWS HOME OWNERS ASSOCIATION DUES AND WHAT DO THEY INCLUDE?
There are two different types of home sites in Village Bungalows. Therefore, there are two different HOA fees:
~ Traditional (front & back yards) - $160 / month
~ Carriage-Lane Lots (rear garage and outdoor living is to the side & front) - $145 / month
Clubhouse Maintenance Includes:
-Furniture, Fixtures and Equipment Repair and Maintenance
-Interior and Exterior Cleaning and Maintenance
-Pool Cleaning and Maintenance
Landscape Maintenance Includes:
-Lawn mowing, trimming, and edging
-Fertilizing of lawns, trees and shrubs
-Seasonal trimming and pruning or trees and shrubs
-Weed control in planter beds and lawns
-Sprinkler start up, three seasonal adjustments, and winterization
-Management of watering schedule for each lot, frequency and duration
-Seasonal raking and leaf removal
-Snow removal for sidewalks and driveways:
1. Once the cumulative snowfall in a 24-hour period equals or exceeds 1’’, snow removal is warranted.
2. Standard rate includes removal of the 1st inch up to the 3rd inch in any 24-hour period.
3. A surcharge is charged for snow removal in excess of 3 inches within any 24-hour period.
4. The community streets are public right of ways and are not maintained by the HOA.
5. The carriage lane entrance drives will include the same snow removal standard removal and surcharge above (see 1. , 2. & 3.)
Landscape maintenance excludes:
-Repair of landscape sprinklers and related equipment
-Installation of landscaping improvements
-Care of potted plants wherever located
-Care of roses, annuals, perennials and other similar specialty plantings installed by Builder or Owner
-Care of any vegetable or herb gardens or the like
-Treatment, removal, or replacement of dead, dying or diseased trees and shrubs
-Pest control (other than billbug)
-Buyer installed perennial, annuals, rose bushes, potted plants and gardens
Maintenance services provided by the HOA do not include any maintenance or repair of and Owner’s dwelling, including without limitation, exterior walls, roofs, porches, patios, patio covers, decks and walkways.
HOW DO THE SIDE YARDS WORK ON THE VILLAGE BUNGALOWS HOMES SITES?
~Village Bungalows has particular home sites that will enjoy the benefit of a “Cross Access Easement” permitting use of the neighbors property adjacent to the side patio. The cross access easement results in at least 6’ of use able outdoor space between homes for the exclusive enjoyment of the adjacent Property owners.
~Because the outdoor living area of certain neighboring homes are often orientated in the same Direction, privacy is achieved.
WHO IS THE VILLAGE BUNGALOWS BUILDER & CAN I CHOOSE FROM MY OWN BUILDER IF I AM INTERESTED IN A SPECIFIC HOME SITE?
Village Bungalows is partnering with only one builder to ensure a high level of customer service and craftsmanship with complimentary elevation styles, colors and landscaping throughout the subdivision. We have designed a variety of custom floorplans and elevations for you to choose from, and we will work with you to select an available lot that accommodates your desired floorplan.
WHAT IS INCLUDED IN THE PRICE OF A VILLAGE BUNGALOW HOME?
Actual amenity content depends on the floor plan and overall price point. When touring one of our completed models, the only items not included are:
2. Washer & Dryer
3. Window Coverings
4. Seller’s personal property (i.e. staging furniture)
HOW MUCH ARE THE PROPERTY TAXES ON MY NEW HOME?
~The Meridian Levy Rate as of 2018 = 1.1673715% of the assessed value.
~The State of Idaho has a “Home Owners Exemption” for your primary residence 2018 = $100,000 maximum (1/2 of the homes assessed value up to $100,000)
EXAMPLE – If the Assessed Value of the home = $350,000 and the home is the buyer’s primary residence....then the property taxes owed will be calculated off of a value of $250,000 ($350,000-$100,000) x 1.1673715% = $2,918.43 per year........$243.20 per month.
~Important to Note: You must apply for this primary home exemption and our Title Company will help you with this process.