NORC
n.— «Another important development in the CB10 area is the aging of the population of Co-op City, which Kearns says is New York State’s largest housing cooperative. According to Kearns, that population is forming what’s known as a Naturally Occurring Retirement Community” or NORC. As a result, it’s eligible for state funding to provide services for older residents living there. Those services allow older residents to continue living there. A lack of these services was forcing older residents to leave the area.» —“Community and Commerce” by Anthony Stoeckert Cooperator (New York City) Apr., 2007. (source: Double-Tongued Dictionary)
Further reading
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