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HVPG Acquires Affordable Housing Community in Elk Grove, California, for $83.6M
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HVPG Acquires Affordable Housing Community in Elk Grove, California, for $83.6M
ELK GROVE, CALIF. — Hudson Valley Property Group (HVPG) has acquired Mosa Apartment Homes, a 387-unit affordable housing community in Elk Grove, located south of Sacramento, for $83.6 million. Completed in 2025, Mosa is a 14-building, garden-style community offering a mix of unit types serving a broad range of household income levels. The property is structured across three Low-Income Housing Tax Credit (LIHTC) partnerships, each subject to its …
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