USA Properties Fund plans first affordable housing project in Penryn
Housing Trust Placer is under contract for the acquisition of 3130 Penryn Road, Penryn for the development of 240-affordable apartment homes, which will be constructed in partnership with local developer USA Properties Fund, Inc. Please continue to check back for updates on this project and all other projects with Housing Trust Placer. Housing Trust Placer is under contract for the acquisition of 3130 Penryn Road, Penryn for the development of 240-affordable apartment homes, which will be constructed in partnership with local developer USA Properties Fund, Inc..
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Parkside at Sabre City: A Unique Build-to-Rent Community
With financing from Placer County, HTP has purchased 3.78 acres in Western Placer County which will be developed into 22 single family lots. Manufactured homes will be placed on each lot, with a three- or four-bedroom primary home and a two-bedroom accessory dwelling unit (ADU), for a total of 44 homes.
Penryn Road Multifamily Community
A multifamily community is being planned for an 11.4-acre commercial site located just off of Highway 80 in Penryn, with easy access to a Park ‘n Ride. USA Properties Fund has been selected as our development partner for this property.
