True Ground Housing Partners Receives $1.5 Million from Vivmark Residential to Strengthen Resident Services Across the Region
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The philanthropic investment will support True Ground's growing resident services, the element of affordable housing that strengthens resident outcomes and community wellbeing. New research shows resident services have a positive impact on rent arrears and 26% higher net operating income in communities. ARLINGTON, Va., Aug. 25, 2026 /PRNewswire/ -- Today, True Ground announced a $1.5 million commitment from Vivmark Residential, the company formed by the merger of AvalonBay Communities and Equity Residential. Through a new, four-year philanthropic commitment, Vivmark Residential is expanding its partnership with True Ground to help more individuals and families access stable, affordable homes. The investment will support True Ground's CORES-certified resident services across the greater Washington, D.C. region, connecting residents with resources and opportunities that strengthen housing stability and support their long-term goals. Building on a decades-long relationship between True Ground and AvalonBay Communities, this renewed commitment will benefit the 6,400 residents who call a True Ground community home. "We are thrilled to receive this incredible gift from Vivmark Residential, reflecting their trust in our mission and the strength of our enduring partnership," said Carmen Romero, True Ground President and CEO. "As the need for affordable housing continues to...
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