Nibley says no to developers’ request to change 55+ age requirement

NIBLEY — The developers of The Cottages planned unit development in Nibley have asked the City Council that the age restriction of 55 and older be removed. The basis for their request is that there is almost no demand for this type of housing.”Seniors aren’t buying right now because they don’t have enough equity to sell their existing home and then buy a new house,” Jay Harrison, a local housing developer said. “The Federal Government developed a regulation that allows developers to only sell to those over 55 years of age.”The Cottages planned unit development was approved for 55 and older and at this time we asked the council to let us sell to buyers of all ages. But they didn’t agree.”

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