New NIC Senior Housing Affordability Calculator Estimates Sustainability Of Ongoing Assisted Living Costs For Consumers

The National Investment Center for Seniors Housing & Care (NIC) has introduced a Senior Housing Affordability Calculator that expands how affordability is evaluated in senior housing, with an initial focus on assisted living. The calculator uses a time-based approach to estimate how long older adult households can sustain assisted living rent, defined as private-room rent plus care service fees, under a defined set of assumptions. It is intended to help operators, investors, lenders, researchers, and policy stakeholders assess the sustainability of private-pay assisted living across markets.

Affordability in assisted living is typically assessed using threshold-based measures . . .