GRAND OPENING OF COPPERSTONE VILLAGE I OFFERING AFFORDABLE APARTMENT HOMES FOR FAMILIES

United States of America -- Free-Press-Release.com-- Feb 4, 2010 -- Roseville, CA November 3, 2009 -- USA Properties Fund, Inc. (USA) and Riverside Charitable Corporation (RCC) are proud to announce the Grand Opening of their newest affordable family housing community, Copperstone Village I, located at 8040 West Stockton Blvd, Sacramento, CA.

The grand opening ceremony will be held in the Copperstone Village I Clubhouse on Thursday, November 5, 2009 from 1:00 p.m. to 3:00 p.m.

Copperstone Village I Family Apartments is located within the College Square Marketplace, a Citadel Equities Group, LLC master plan mixed use community. Made up of five California Mission style buildings this community offers 102, one, two and three bedroom affordable housing apartment homes ideal for singles, families and seniors. The rents range from $624 to $1057, with income qualifications.

“Affordable housing is a vital component of every mixed use community” said, Geoff Brown, company President, “providing housing in the same communities where residents work and shop improves the quality of life, increases the sense of belonging and reduces traffic congestion”. USA Properties Fund, Inc. was able to deliver a new affordable family rental home community offering rental options to residents with low and very low incomes. Brown states that “the need and desire for affordable housing in this area is clearly demonstrated by the overwhelming response at lease-up with 82% of the units pre-leased before Copperstone I was open for occupancy”.

Royce Sanders, Director of Multifamily Development says, “With shopping, employment, schools, public transportation, hospitals, parks, and the newly opened Valley Hi-North Laguna Library all within ¼ to 1 mile of the community, this is the definitive walk-able community”.

USA worked extensively with Councilwoman Bonnie Pannell on the design and aesthetics of the project. Exterior elevations, color palette, site planning and security were developed in a collaborative effort, including a tour of Sacramento to assure that College Marketplace continued to contribute the highest and best architectural standards to the local community.

For convenience, Copperstone Village offers washer/dryer hookups and kitchen pantries and private patios or balconies. The apartments contain energy efficient appliances and dual paned windows. The community clubhouse offers an activity area, resource center/computer lab, laundry facilities, and on-site management. Copperstone Village is proud to be one of a hand full of communities in Sacramento to be designated 100% Smoke-Free.

For further information about Copperstone Village I Family Apartments, contact a leasing specialist at 916.686.1577or visit the company website at www.usapropfund.com, where floor plans for the entire portfolio of USA Properties Fund, Inc. affordable communities can be viewed.
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About USA Properties Fund
USA Properties Fund, Inc. (USA), a California corporation, is a privately owned real estate development organization specializing in the creation of outstanding senior and family communities. Founded in 1981 and headquartered in Roseville, California, USA provides a full range of capabilities for community development, including financing, development, construction services, rehabilitation and property management. Our values, leadership and team structure reflect our success with the development of over 9,000 units of family and senior apartments in over 70 communities throughout California and Nevada. More information can be found at www.usapropfund.com


About Riverside Charitable Corporation
Riverside Charitable Corporation ("RCC") is a 501(c)(3) Nonprofit Public Benefit Corporation based in California. Founded in 1988 and for the past 21 years, we have been guided by concerned and compassionate people committed to reducing the burden of government and providing those who are unable to afford the necessities of life with safe, decent, social service-enriched affordable housing. Our role as housing and social advocate, property owner and as managing partner has earned Riverside Charitable an honored nonprofit reputation for creating thoughtfully planned communities that deliver pride of ownership, social services and quality of life to over 13,350 families of modest income. For further information contact RCC at (714) 628-1654

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Laura Plassmeyer
http://www.usapropfund.com