Century’s 2010 Annual Report

Century Housing Annual ReportCentury Housing’s 2010 Annual Report offers a look into the highlights of the past year and important developments from years past. Presented in calendar format, the Annual Report contains photographs of twelve Century projects, including Del Sol Apartments, Century’s very first investment in San Diego. Century expanded farther out of Southern California in 2010, with the closing of a $2.1 million loan for a 74-apartment development in Winters, near Sacramento. Two of Century’s highlight investments in South Los Angeles put almost $8 million into two projects in South Los Angeles, which resulted in nearly $60 million in additional investment in the community and provided 180 apartments for very-low income families and seniors as well as a new grocery store. In another 2010 highlight, Century partnered with Los Angeles County, the Corporation for Supportive Housing, and the Low Income Investment Fund to create the Los Angeles County Housing Innovation Fund, which closed its first loan in January. Despite a slow environment for the affordable housing industry in 2010, Century continued to invest in affordable housing and looks forward to even bigger and better things in 2011.
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