Vitus to Preserve Trio of Affordable Housing Properties in Sacramento
Vitus , a national developer and owner of affordable housing, announced the acquisition of River City Trio in Sacramento.
- Vitus , a national developer and owner of affordable housing, announced the acquisition of River City Trio in Sacramento.
- In addition to renovating these properties, Vitus is preserving them as an affordable housing community for decades to come.
- The acquisition of River City Trio is an exciting step forward in our expansion into California and creating affordable housing for low-income residents in Sacramento County, said Brooke Kim, director of development at Vitus.
- The portfolio also utilized a bond issuance of multifamily housing revenue bonds from the Sacramento Housing and Redevelopment Agency (SHRA).