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Yes on H, Defeat S!

Century is joining Southern California Association of Nonprofit Housing (SCANPH) in officially endorsing Measure H and opposing Measure S on the March ballot. To join the fight for passing Measure H and help support homeless services throughout the County of Los Angeles, share the fact sheet and fill out this form to volunteer. If you are a resident of Los Angeles, join Century and SCANPH is opposing Measure S, a damaging initiative that would ban most new housing in LA. SCANPH will be hosting a phone-banking night on February 7 at the LA Federation of Labor from 5-8pm – RSVP

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Recent Developments

Village Oaks and Casa Del Sol Two developments financed on a behalf of a joint venture between developer Southport Financial Services and Community Development Trust (a national affordable housing REIT) will bring a combined total of 197 homes at approximately 40% of AMI to Northern California. A $4,207,500 acquisition loan to Southport will develop Village Oaks (pictured), 116 affordable apartments for families in 13 two-story walk-up buildings. The 16 two-bedroom, 80 three-bedroom, and 20 four-bedroom homes offer amenities on par with local market rate-buildings. The project is located in Victorville. An additional $3,712,500 in acquisition financing will support Casa

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Century launches Coming Home Fund, high-LTV veteran-focused financing

Century proudly announces the launch of a new high-LTV acquisition product, the Century Coming Home Fund, designed to deliver flexible financing targeting veteran-focused development throughout California. The fund leverages Century’s near twenty year experience with financing veteran housing with new federal and state programs designed to end veteran homelessness. Century Coming Home Fund Highlights: Loan-to-value of up to 95% to both for-profit and nonprofit borrowers Loan amount up to $15,000,000 Loan term of up to 5 years Beginning with Inglewood’s Westside Residents Hall in 1993, Century has supported housing for homeless veterans by providing more than $79,500,000 in financing. In

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SCANPH awards Century clients, attracts record crowd

Century is proud to have provided financing for two of the Annual Homes Within Reach Award winning developments at SCANPH’s 30th Anniversary Conference on September 18th: Beyond L.A. Project of the Year awardee Affordable Living for the Aging with the Janet L. Witkin Center in West Hollywood and Developer of the Year Skid Rown Housing Trust for New Pershing Apartments in Downtown Los Angeles. The conference luncheon was highlighted by keynote speaker California Assemblyman Ed Chau who discussed a productive year for affordable housing legislation and the obstacles which remain. The 2015 Housers’ Hero Award recipient, Hunter Johnson, former President

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