USA Properties starts construction on Terracina at Winding Creek, an affordable apartment community in Roseville

The 284-apartment community will help more residents to live and work in south Placer County

ROSEVILLE, Calif. – USA Properties Fund has started construction on Terracina at Winding Creek, an affordable apartment community in west Roseville that will provide much-needed housing for residents, from early-in-their career professionals and hardworking families saving for their first house to retirees living on a fixed income.

Terracina at Winding Creek will have a north and south site – located at 3440 Westbrook Blvd. and 1040 Lower Bank Drive – and provide affordable one- to three-bedroom apartments in one of the nation’s fastest-growing cities where rent increases have easily exceeded pay raises during the past several years.

The 284-apartment community is close to a large neighborhood shopping center with a grocery store, highly rated public schools and dozens of neighborhood parks. Several major shopping centers – including the Westfield Galleria at Roseville, the largest mall in the Sacramento region – and numerous health providers, including Kaiser Permanente and Sutter Health, are just a few miles away.

“West Roseville is an excellent neighborhood, offering first-rate schools, a network of walking trails and some of the best parks in the region,” said Geoff Brown, President of USA Properties Fund. “We’re happy to help fill the critical need for more affordable, quality housing in our community.”

Roseville-based USA Properties – one of the nation’s fastest-growing and largest affordable apartment-developer-managers in the West – has 33 apartment communities in the Sacramento region, but Terracina at Winding Creek will be only the second in its hometown. Vintage Square at Westpark, an affordable apartment community for 55-and-older residents, is less than two miles away.

WNC & Associates, a national leader in affordable housing syndication, development and preservation, is the tax credit investor for the $119.2 million Terracina at Winding Creek project. JPMorgan Chase & Co. is the construction and permanent lender on the project.

Terracina at Winding Creek

Terracina at Winding Creek will be affordable, but also amenities rich. The apartment community will include a community room, a courtyard area with play equipment, computer workstations and almost 500 parking spaces.

“We are excited to work again with our longtime partner USA Properties on Terracina at Winding Creek,” said Anil Advani, Executive President of Originations and Finance for WNC & Associates. “In addition to safe and affordable housing, Terracina at Westpark will provide residents with computer access, an exercise room, and health and wellness classes. With these opportunities, it is our hope that residents can build a foundation for growth.”

USAP Terracina at Winding Creek Side Small | USA Properties Fund, Inc.

Roseville, recently listed as the 20th fastest-growing city in the U.S. by SmartAsset, has earned dozens of “best” accolades in recent years, from one of the best cities to live in California to a top-rated place to raise a family.

The attention and booming demand for housing has increased rents by more than 10% during the past year in south Placer County, about double the average pay raise for residents, according to the U.S. Census Bureau.

“Roseville has long been a leader in assisting with the development of affordable housing, and we are committed to building our share,” said Roseville Mayor Bruce Houdesheldt. “We made the commitment back in 1989 when we instituted the 10% affordable housing goal. This goal helps ensure that there are housing options for all members of the community, spread throughout our city, and makes Roseville a welcoming place.”

Terracina at Winding Creek will be available to residents earning 30% to 70% of the area median income for Placer County, about $25,740 for a two-person household to $81,060 per year for a five-person household.

Few affordable apartment communities have three-bedroom units, popular with growing families. To meet this need, Terracina at Winding Creek will offer 71 three-bedroom units, in addition to its 97 one-bedroom apartments and 116 two-bedroom units.

The rent for one-bedroom apartments is projected to be $522 to $1,356 per month, depending on household income. Two-bedroom apartments will range from $661 and $1,626. And three-bedroom units will range from $764 to $1,879, significantly below comparable market-rate rents. Rents could be slightly higher when Terracina at Winding Creek is scheduled to open in early 2026.

Terracina at Winding Creek is part of the Creekview Master Plan that includes housing, commercial development, a school and neighborhood parks.

“Roseville is a very special place. It is a family-friendly community with a vibrant economy and many career opportunities for residents,” added Brown of USA Properties Fund. “Terracina at Winding Creek will open the door to much-needed affordable housing and many more opportunities for residents.”