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USA Properties Fund Completes $104M Affordable Housing Community in Rocklin, California

Summary by REBusinessOnline
ROCKLIN, CALIF. — USA Properties Fund has completed Terracina at Whitney Ranch, an affordable housing property in Rocklin. USA Properties Fund developed the $104 million apartment community without local or state subsides, relying only on tax credits. Bank of America is the construction and tax credit lender on the project, while Citi Community Capital is the permanent lender. Located at 801 University Ave., Terracina at Whitney Ranch offers 288…
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REBusinessOnline broke the news in on Wednesday, February 19, 2025.
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