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 , 2006
Contact:	Robbie McPherson Media Relations Manager 310.642.2032 Fax: 310.258.0701 rmcpherson@centuryhousing.org
Century Community Development Inc., Announces $2 Million Acquisition Loan to Help Create Homes Affordable to Working Families in Anaheim
Culver City, CA – Century Community Development Inc. (CCDI), announces the closing of a $2 million acquisition loan to SADI Development, Inc., for the creation of Elm Street Apartments in Anaheim. The development’s 50 two- and three-bedroom apartment homes will be priced affordably for families earning less than $48,000 per year. “Elm Street Apartments will serve families who otherwise could not find decent, quality homes,” said G. Allan Kingston, President & CEO of Century Housing. “People in this income range are not served by our currently imbalanced housing market, and developments like this are a step in the right direction for the economic health of Southern California,” he said. The $19.6 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 Community Development Inc., Announces $2 Million Acquisition Loan to Help Create Homes Affordable to Working Families in Anaheim