May 15, 2015


USA PROPERTIES FUND PRESIDENT GEOFF BROWN NAMED HOUSING HALL OF FAME HONOREE BY CALIFORNIA HOUSING CONSORTIUM

ROSEVILLE, Calif.USA Properties Fund Inc. President and Chief Executive Officer Geoff Brown, a longtime advocate and developer of affordable communities, has been named a Housing Hall of Fame Honoree by the California Housing Consortium.

Brown oversees a company with about 85 affordable communities and 12,000-plus units, from La Mesa in Southern California to the Bay Area and the Sacramento region in Northern California.

“I’m very honored and humbled by the award, which has been given to some of the true leaders of the affordable community industry,” said Brown, who joined USA Properties in 1989 and was named president and CEO in 1997. “This honor belongs to everyone at our company and our partners who are committed to building affordable, high-quality and safe communities for low-income residents.”

Brown’s father, J.B. Brown, founded the company in Santa Monica in 1981 and later moved USA Properties – and its then seven employees -- to Roseville in 1993.

Under Brown’s leadership, the company has added 10,000 units and about 300 employees. In addition, USA Properties Fund has become an industry leader in green building design and practices, including the installation of solar-panel systems in numerous projects statewide.

And the company has established the JB Brown Fund, a charitable organization that provides financial assistance to residents in USA Properties’ communities.  The JB Brown Fund has raised more than $300,000 since founded in 2011, with about $116,000 in scholarships awarded to residents attending two- and four-year colleges and universities.

“We’re committed to building communities, not just apartments,” Brown said. “We want to help our residents achieve their dreams and deal with financial hardships.”

Brown will be honored May 13 during the California Housing Consortium’s Policy Forum & Housing Hall of Fame Awards in Santa Monica.

The Agoura Hills-based consortium is a non-partisan advocate for the production and preservation of affordable housing for low- and moderate-income Californians. The California Housing Consortium represents the development, building, financial and public sector.

“The California Housing Consortium’s Hall of Fame honors those individuals and companies that have made a profound impact in the affordable housing field,” said Ray Pearl, Executive Director of the California Housing Consortium. “When seeking our private-sector honoree this year, Geoff Brown and USA Properties Fund, Inc. rose to the top because of their leadership in the production and preservation of affordable housing. CHC also wishes to thank Geoff for all of his contributions to our organization’s advocacy efforts in Sacramento through the years.  Geoff and USA Properties are fine examples of what it truly means to give back to the community.”