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PR Newswire·

True Ground Housing Partners Receives $1.5 Million from Vivmark Residential to Strengthen Resident Services Across the Region

  • True Ground announced a $1.5 million, four-year philanthropic commitment from Vivmark Residential to support resident services in the greater Washington, D.C. region.
  • The funding will expand CORES-certified services for 6,400 residents, building on a decades-long partnership between True Ground & AvalonBay Communities.
  • New research from Stewards of Affordable Housing for the Future (SAHF) indicates that properties with on-site resident services achieve 26% higher net operating income & 24% lower rent arrears.
  • For every $100 invested in resident services per household, properties generated an additional $259 in net operating income & $397 in total revenue the following year.
  • True Ground aims to reach 7,500 affordable homes by 2029, pairing portfolio growth with essential resident support services.
  • Vivmark Residential was formed by the merger of AvalonBay Communities & Equity Residential & operates over 184,000 apartment homes across the U.S.
  • True Ground was named one of the nation's Top 50 Affordable Housing Developers of 2025 by Affordable Housing Finance.