The Linden Senior Residences
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The Linden is a new community providing 130 affordable homes for independent seniors aged 55+ earning between 30-60% of the area median income (AMI).
The Linden represents True Ground’s second affordable community located in Loudoun County and was completed in 2026. Construction and design partners include general contractor Bozzuto Construction, Advanced Project Management (APM), Grimm + Parker Architects, Moya Design Partners, Allen + Shariff Corporation, and Urban Ltd. civil engineers.
Financing
This development is an approximately $64 million project, with construction costs close to $33 million. Virginia Housing awarded the project 9% and 4% Low-Income Housing Tax Credits (LIHTC), marking True Ground’s ninth project to employ this complex hybrid financing model. Approximately $29 million in tax credit equity was purchased by financial partner, Truist. Project financing sources include more than $6 million from Loudoun County’s Affordable Multi-Family Housing Loan program, $7.5 million from Amazon REACH funds, $1.4 million in Virginia Housing Trust Fund financing, and $4 million from Virginia’s Housing Innovations in Energy Efficiency (HIEE) program, administered by the state Department of Housing and Community Development (DHCD).
In the News
Key Features
- Community rooms and flexible multi-purpose space
- Wellness suite with onsite services
- High-speed Wi-Fi
- Fitness center
- Outdoor patio and bocce court
