Our History

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1981

J.B. Brown founds USA Properties Fund, Inc. in Santa Monica, CA

J.B. Brown

1984

Ed Herzog and Steven Gall join USA

Ed Herzog Steve Gall

1987

USA moves to Diamond Bar, CA

Diamond Bar

1988

Michael McCleery joins USA

Michael McCleery

1989

Geoff Brown joins USA

Geoff Brown

Syndication of 1st tax credit family community in Desert Hot Springs, CA

Hot Springs

Introduction of Terracina brand name, Terracina Desert Hot Springs, CA

1991

USA celebrates their 10th anniversary

1992

1st Northern California family community, Terracina Elk Grove, Elk Grove, CA 1,000 units developed

Terracina Family Community

1993

Corporate headquarters moved to Roseville, CA with 7 employees

City of Roseville

1994

Establishment of USA Multifamily Management, Inc.

USA MuliFamily Management, Inc.

Art May and Karen McCurdy join USA

Art May Karen McCurdy

Syndication of 1st tax credit senior community, Vintage Oaks, Citrus Heights, CA

Vintage Oaks, Citrus Heights, CA

First use of the Vintage brand name for senior community, Vintage Oaks, Citrus Heights, CA

1996

Establishment of USA Multifamily Development, Inc.

USA MuliFamily Development, Inc.

Karen McCurdy appointed President of USA Multifamily Management, Inc.

Karen McCurdy

1997

Geoff Brown becomes President of USA Properties Fund, Inc.

Geoff Brown

2,000 units developed

USA reaches over $100,000,000 mark in tax credits for affordable apartment communities

1998

USA moves to its current location at 2440 Professional Dr., Roseville, CA with 30 employees

USA Properties Fund

First 3 story project completed, Vintage Court Senior Apartments, Union City, CA

USA Properties Fund

3,000 units developed

1999

First California tax credit Acquisition/Rehab project - Clayton Crossing, Concord, CA

Clayton Crossing, Concord, CA

25th Community Vintage Canyon, Brea, CA

USA Properties Fund

2000

4,000 units developed

USA reaches over $200,000,000 mark in tax credits for affordable apartment communities

2001

J.B. Brown, Founder of USA Properties Fund, Inc. passes away

J.B. Brown

5,000 units developed

2002

1st podium project completed, Vintage Crossing, Canoga Park, CA

Vintage Crossing, Canoga Park, CA

2003

6,000 units developed

USA reaches over $300,000,000 mark in tax credits for affordable apartment communities

2005

Development of 50th community, Vintage at Laguna, Elk Grove, CA

Vintage at Laguna

2006

USA Properties Fund, Inc. Celebrates 25 years of real estate development

25th Anniversary

2007

8,000 units developed

USA reaches over $400,000,000 mark in tax credits for affordable apartment communities

2008

Southern California Office opens in Long Beach, CA with 6 employees

City of Long Beach, CA

Establishment of USA Construction Management, Inc.

USA Construction Management, Inc.