Century Community Charter School receives $10,000 Grant from Ethics In Journalism Foundation

Century Community Development, Inc., is a division of Century Housing, a private nonprofit affordable housing lender, which has used more than $400 million in financing to help create more than 13,000 quality rental and ownership homes in the metropolitan Los Angeles area, affordable to families earning approximately $16,000 to $80,000 a year. Century’s President & CEO, G. Allan Kingston, recently completed a three-year term as Chairman of the Board of Governors for the National Housing Conference. Century links its financing with the More Than Shelter^® family of social services, including after-school tutoring for at-risk students, career counseling for men and women to enter the construction trades, child development for low-income families, and wellness programs for seniors. For more information on Century Housing, please visit our website: www.centuryhousing.org.

To contribute to More Than Shelter, which supports all of Century’s More Than Shelter^®life-enrichingprograms, please visit www.morethanshelter.org.

MEDIA ADVISORY FOR IMMEDIATE RELEASE January 16 , 2007
Contact:	Robbie McPherson Media Relations Manager 310.642.2032 Fax: 310.258.0701 rmcpherson@centuryhousing.org
Century Housing and Century Community Development Inc., Announce $3.6 Million Acquisition Loan to Help Create Housing for Formerly Homeless
Culver City, CA – Century Housing, one of California’s largest nonprofit housing lenders, and Community Development Inc. (CCDI), announce the closing of a joint $3.6 million acquisition loan to Skid Row Housing Trust for the creation of the New Carver Apartments in Downtown Los Angeles. The development’s 78 efficiency apartments will provide permanent housing for formerly homeless men and women. “It is a moral obligation for our community to work toward helping people off the streets and into permanent homes,” said G. Allan Kingston, President & CEO of Century Housing, which provided $630,000 of the $3.6 million loan. “Century and CCDI are pleased to partner with Skid Row Housing Trust, who have demonstrated their commitment to our community by bettering the lives of more than 1,100 men and women in this tragic circumstance,” he said. Skid Row Housing Trust will also administer case management, support groups, benefits advocacy and educational workshops to the New Carver Apartments residents. The $18.1 million development is expected to be completed in September, 2008.
Century Community Development, Inc., is a division of Century Housing, a private nonprofit affordable housing lender, which has used more than $400 million in financing to help create more than 13,000 quality rental and ownership homes in the metropolitan Los Angeles area, affordable to families earning approximately $16,000 to $80,000 a year. Century’s President & CEO, G. Allan Kingston, recently completed a three-year term as Chairman of the Board of Governors for the National Housing Conference. Century links its financing with the More Than Shelter^® family of social services, including after-school tutoring for at-risk students, career counseling for men and women to enter the construction trades, child development for low-income families, and wellness programs for seniors. For more information on Century Housing, please visit our website: www.centuryhousing.org. To contribute to More Than Shelter, which supports all of Century’s More Than Shelter^®life-enrichingprograms, please visit www.morethanshelter.org.

Century Housing and Century Community Development Inc., Announce $3.6 Million Acquisition Loan to Help Create Housing for Formerly Homeless