Real Estate News

Senior housing community formally launches Thursday in south Sacramento

USA Properties Fund Inc., the Roseville-based developer of affordable housing, will host grand-opening ceremonies at 11:30 a.m. Thursday for the Arbor Creek Senior Apartments, 8340 Elk Grove Florin Road, in Sacramento.

The 60-unit apartment community is geared to low-income seniors, ages 55 and older. Ground was broken in August 2014 on the $14.1 million project.

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Monthly rents range from $545 a month to $730.

For details, see usapropfund.com or call (916) 689-6444.

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