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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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Century celebrates 20 years of service

Century held its anniversary dinner at the National History Museum on September 5th to celebrate 20 years of service to low-income and homeless families and veterans throughout California. Attended by The Honorable Judge Harry Pregerson, his wife, Bernardine Pregerson, Century’s Board, staff, dignitaries, and friends, the event highlighted the social impact of programs created by Century and supported by Century’s More Than Shelter Fund. Mr. Fritz Colman was on hand to introduce the Judge and Board Chairman Earl Fields, who shared his thoughts about the need for affordable housing. Mr. Fields reminded the audience that California continues to lead the

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Annual Report: Preservation deals propel Century beyond 25,000 homes financed

Fresh off the virtual presses, the Century Annual Report is a brief recounting of our most successful year in terms of homes financed and loan production. This year, we highlight high-impact preservation deals in Northern California that have helped Century reach the 25,000 homes financed milestone. One such development, which utilizes the Golden State Acquisition Fund, is Monte Vista Gardens in San José, developed by Jamboree Housing. Thanks in part to $27,455,000 in Century bridge financing, the rehabilitation will convert 26 market rate units to affordable rents, for a total of 144 affordable units at or below 60% AMI. You

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Century Housing Among AHF’s Top Affordable Housing Lenders

CULVER CITY, Calif., March 5, 2015 /PRNewswire-USNewswire/ — Century Housing was named among the Top 25 Affordable Housing Lenders in Affordable Housing Finance (AHF) Magazine’s 2014 list.  Century financed several types of affordable housing and community investment projects, for a total of $118.9 million invested in 2014 throughout the State of California. Century is the only Community Development Financial Institution (CDFI) named on the list (a CDFI is a financial institution which provides credit and financial services to underserved markets and populations).  Century has provided more than $950 million in financing for over 25,000 new affordable homes and apartments. “We have

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