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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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Developers and investors think big at Developers’ Roundtable

The 15th Annual California Developers’ Roundtable hosted by Downs Pham & Kuei, LLP and Century brought together an overflowing crowd of California’s top affordable housing developers, lenders, and investors at The Peninsula Hotel in Beverly Hills on March 3, 2015. “The mood was upbeat to say the least. Optimistic energy and conversation filled the room upon hearing the positive market outlook on interest rates, rental housing starts, the increasing need for Affordable Housing, especially in California. An impressive array of speakers and attendees were on hand to reinforce the depth of experience and ability this group has to continue to

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