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Acts Retirement-Life Communities (Acts), based out of Fort Washington, Pennsylvania, is the third largest not-for-profit owner, operator and developer of continuing care retirement communities (CCRCs) in the United States. [1]
A continuing care retirement community (CCRC), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3]
The Villages, in Sumter County, Florida- Florida's most well-known and fastest-growing retirement community development [33] [34] is the state's "biggest example of a culturally and ethnically homogeneous retirement community" [32] with a 98.4% white population. [35]
Sources. Quarterly Report on Household Debt and Credit [PDF], Federal Reserve.Accessed December 13, 2024. B3-3.1-01, General Income Information (05/01/2024), Fannie Mae.Accessed December 13, 2024.
According to 55places.com, Florida has the most age-restricted communities with more than 375 communities, with New Jersey coming in second with more than 230 age-restricted communities. [9] Other popular states for age-restricted communities include Oregon, North Carolina, South Carolina, Pennsylvania, and Utah. [10]
Also known as a "horizontal" or "open" NORC, a neighborhood-based NORC is typically an age-integrated neighborhood of one- and two-family homes. Rural NORC. Also known as a Naturally Occurring Retirement Region (NORR), a rural NORC covers a large geographic area in which the population density is low, typically comprising one- and two family homes.
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