Century Preserves 185 Homes for Huntington Beach Seniors
Century closes a $12.5 million loan to acquire and preserve affordability at Huntington Gardens, allowing senior residents to remain in the community for at least 30 years.

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April 9, 2008
More Than Shelter Services Inc. is hosting its First Annual More Than Shelter Awards Dinner at the InterContinental Hotel in Century City.

For additional information, please contact Cathy Cates at 310.642.2053.

See our calendar for more events!

Century's
2007 Annual
Report

See how our innovative investments impact neighborhoods throughout Southern California and offer hope in a changing market.
Download the PDF file here.

Proposition 46

Four years later, housing in Southern California is reaping the rewards of Proposition 46. Find out how your area fared in our detailed report (PDF).

A Heavy Load
The Center for Housing Policies' eye-opening report on the relationship between housing and transportation. Download (PDF)

Read Our
15th Anniversary
Report

Century’s mission to provide affordable housing and More Than Shelter services to the working families of Southern California has been the guidepost for our efforts.
Download the zip PDF file here.

Century closed on a $453,000 Construction Loan for the development of two single family homes in Lakewood.

A deed restriction on the property will require that the rear unit be leased to a tenant earning no more than 120% of AMI. This restriction will be in place for 55 years and will be enforced by The City of Lakewood Redevelopment Agency Paramount Investors Group, LLC, a single-purpose entity for this development. This is the developer's first new construction project.

To further improve this neighborhood for working families CCLC is working with the developer to provide construction financing for the completion of another single family development and a five unit development, both in the city of Lakewood.



Median Price Home: $521,037Median price of a home in L.A.–DEC 2006  |  Qualifying Income: $148,359Yearly salary to afford median price home in L.A.–DEC 2006  |  Housing Wage: $24.40Hourly wage needed to afford 2-bedroom at Fair Market Rent in L.A.–2006  |  Housing Opportunity Index: 2.0%Share of L.A. homes sold a median income household
could afford–DEC 2006

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