Century Housing Closes Acquisition Loan for Purchase of W.F. Fuller Building

Century Housing is a private nonprofit affordable housing lender, which has created more than 11,000 units of quality affordable housing in the metropolitan Los Angeles area. Century links affordable housing for low-moderate income families with More Than Shelter^® social services which include on-site after-school tutoring for at-risk youth, career counseling for women to enter the construction trades, child care for low-income families, and wellness programs for seniors.

To contribute to the More Than Shelter Fund, which supports all of Century’s More Than Shelter programs, please visit www.morethanshelter.org.

# # #

*PRESS RELEASE* November 21, 2003
Contact:	Robbie McPherson Media Relations Officer 310.642.2042 Fax: 310.258-0701 rmcpherson@centuryhousing.org
Century Housing Closes Acquisition Loan for Purchase of W.F. Fuller Building
Culver City, CA — Century Housing, in conjunction with The Enterprise Foundation and Local Initiatives Support Corporation, closed a $1,467,000 acquisition loan for the purchase of the W.F. Fuller Building in Lincoln Heights. The 167,000 sq. ft. warehouse will be converted into 105 loft condominiums by Livable Places, Inc., a housing developer specializing in creating home-ownership opportunities for low- and moderate-income families. Three quarters of the units are planned for sale to moderate-income families when construction is completed in 2005.
Century Housing is a private nonprofit affordable housing lender, which has created more than 11,000 units of quality affordable housing in the metropolitan Los Angeles area. Century links affordable housing for low-moderate income families with More Than Shelter^® social services which include on-site after-school tutoring for at-risk youth, career counseling for women to enter the construction trades, child care for low-income families, and wellness programs for seniors. To contribute to the More Than Shelter Fund, which supports all of Century’s More Than Shelter programs, please visit www.morethanshelter.org. # # #