True Ground Housing Partners
Arlington, VA 51–200 employees 8 principals
Last updated
About True Ground Housing Partners
True Ground Housing Partners is a real estate operator headquartered in Arlington, VA. True Ground Housing Partners operates in Washington DC. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Multigenerational living.
True Ground Housing Partners is a nonprofit real estate development, investment, and asset preservation organization headquartered in Arlington, Virginia. Founded in 1989 as the Arlington Partnership for Affordable Housing before rebranding in 2023, the enterprise maintains 37 years of continuous operational history. Led by President and Chief Executive Officer Carmen Romero, the organization operates with a staff of approximately 50 to 100 housing development, finance, and resident service professionals. The enterprise specializes in the full-lifecycle development, acquisition, financing, and long-term asset management of affordable and mixed-income multifamily communities. Operating as a developer and owner, the organization structures layered debt, low-income housing tax credits (LIHTC), public-private partnerships, and resident supportive service platforms to maintain long-term residential affordability for households earning between 30% and 80% of Area Median Income. Geographically, the organization concentrates its real estate pipeline across the Washington, D.C. metropolitan area, maintaining properties in Arlington, Fairfax, Loudoun, Montgomery, and Washington, D.C.. Serving over 6,000 residents across a portfolio of 26 completed communities comprising thousands of units, its active project footprint includes landmark properties such as the 93-unit Riggs Crossing Senior Residences in Washington, D.C. and approximately 1,000 additional units under construction.
Principals at True Ground Housing Partners
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8 principals on file
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Recent activity at True Ground Housing Partners
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True Ground Housing Partners's project portfolio
4 projects on file · Multifamily (4)
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Markets and themes
Markets True Ground Housing Partners operates in
Investment themes at True Ground Housing Partners
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Frequently asked questions about True Ground Housing Partners
- What does True Ground Housing Partners do?
- True Ground Housing Partners is a nonprofit real estate development, investment, and asset preservation organization headquartered in Arlington, Virginia.
- Where is True Ground Housing Partners based?
- True Ground Housing Partners is headquartered in Arlington, VA.
- What markets does True Ground Housing Partners operate in?
- True Ground Housing Partners is active in Washington DC.
- How many employees does True Ground Housing Partners have?
- True Ground Housing Partners has 51–200 employees.