PRESS RELEASE

February 9, 2004

Contact:
Robbie McPherson
Media Relations Officer
310.642.2042    Fax: 310.258-0701
rmcpherson@centuryhousing.org


Century Housing Homeownership Counseling Program Receives $40,000 H.U.D. Grant

Culver City, CA — Century Housing, one of California’s largest nonprofit affordable housing lenders, announces the receipt of a $40,000 grant from the Department of Housing and Urban Development, for the administration of homeownership training through the Housing Partnership Networks’ Housing Counseling Program.

The funding will allow Century to expand its outreach workshops and educate affordable housing and transitional facility residents on such topics as predatory lending, first-time homeownership, seniors housing, financial literacy, and credit counseling.

The counseling will be offered at various sites throughout Los Angeles County until September, 2004.


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.

# # #