Century Housing

👏 Century Housing, in partnership with Wakeland Housing and Development Corporation, is thrilled to announce our successful Affordable Housing Program (AHP) application to the Federal Home Loan Bank of San Francisco. Wakeland's project, Union Tower in National City, will benefit greatly from this AHP grant. This development will create 93 affordable homes for previously unhoused Veterans and lower-income families and individuals. As a proud member of the Bank, Century Housing Corporation submits applications for our #developer partners in the Bank's annual AHP funding competition. This collaborative effort underscores our commitment to creating affordable housing and fostering sustainable communities. Congratulations to Wakeland, and thank you to the Bank for its unwavering support and investment in #affordablehousing! ➡️ Read details: https://bit.ly/3W6TdGP #CDFI #lending

Meet Sandra, a resilient mother of three who transformed her life through the support of the Coalition for Responsible Community Development (CRCD) in South LA. The Century Community Fund has been a proud partner of CRCD, providing financing for CRCD Enterprises and contributing $30,000 in scholarships for CRCD Academy students in 2023. Seeking a new career, Sandra joined CRCD Enterprises, a general contracting firm focused on construction, public works, and community beautification. While working there, she learned about CRCD’s MC3 Construction Apprenticeship Readiness Program. To qualify, Sandra earned her high school diploma through CRCD Academy, which provides an expedited path for young people ages 16-24 to earn their diplomas. Today, Sandra works for a construction engineering company and is a member of the local laborers union, where she looks up to other women as role models. CRCD connected her with a union journeywoman mentor, helping Sandra pave the way for a brighter future for herself and her family. Read more about our work with CRCD and other partners in our annual report: https://lnkd.in/gjE55fws

☀️ The latest Century Community Update is out! Dive into our summer edition for inspiring stories from across Greater LA, including move-ins, groundbreaking ceremonies, and more. 📰 Read the full update: https://bit.ly/3S1laOZ

#Update: The LA County Board of Supervisors voted to set aside up to $10 million in #NoPlaceLikeHome program funds for the Charles R. Drew University Wellness Campus in Willowbrook. Century Affordable Development, Inc. is excited to partner with Charles R. Drew University and Thomas Safran & Associates on this transformative project. Together, we are creating 254 affordable homes, along with wellness and recreational facilities. Our goal is to provide much-needed housing for families and seniors, fostering a vibrant and inclusive community. Read more: https://bit.ly/4bwSvbJ #affordablehousing #supportivehousing #development

Karen lived in her truck camper for over a year, facing the harsh realities of homelessness in Los Angeles. In 2023, she received life-changing news that a home was available at The Quincy, a new supportive community for formerly unhoused seniors. Developed by Wakeland Housing and Development Corporation, The Quincy also benefits from onsite services provided by The People Concern. Century Housing supported Wakeland with acquisition and predevelopment financing and sponsored a successful Affordable Housing Program loan application to help make this property a reality. Now living at The Quincy, Karen can finally breathe easy. She’s closer to her daughter and has the space to consider her next steps, like finishing her marketing degree and pursuing her hobbies. “Without hope, I have nothing. And every day here is hopeful,” Karen shared. Karen's story is a testament to the impact of #supportivehousing and the dedication of organizations like Wakeland and The People Concern. 📖 Read more about Century's partnerships and impact in our annual report: https://lnkd.in/gjE55fws #CDFI #housing

Some positive news from the Los Angeles Homeless Services Authority's 2024 Homeless Count: There was a decrease in the number of people experiencing homelessness across LA County from the previous year, with a significant decline in the number of unhoused Veterans. We firmly believe that housing is the solution to homelessness. Century is incredibly proud to be part of The Veterans Collective, creating the nation's largest #supportivehousing community for #Veterans at the West LA VA. Read our 2024 Community Impact Report for details on the major progress we have made: https://bit.ly/4bmIDRy

Century Development Manager Victor A. Casanova recently participated in a panel on sustainability in real estate development as part of the USC Ross Program in Real Estate’s summer session. Panelists shared insights into the critical importance of sustainability in the built environment and the role developers play in making cities greener and fighting climate change. At Century, our commitment to energy-efficient building practices and transit-oriented development underscores our dedication to fostering sustainable communities. #affordablehousing #sustainability

If you’re at the Pacific Coast Builders Conference (PCBC), make sure to stop by the Century booth! Vice President of Construction Lending Tracey Burns and Loan Assistant Maria Obledo are there to answer your questions about Century’s loan products for multifamily housing. #CDFI #construction

Century is excited for the release of our 2023 Annual Report. The theme reflects our commitment to expanding our impact in close collaboration with industry partners, government agencies, community members, and clients. We are grateful to share the stories of some of our community members, including a Century Villages at Cabrillo resident who achieved a lifelong goal; an unhoused senior who found a new home at a Wakeland Housing and Development Corporation property financed by Century; and a graduate of Coalition for Responsible Community Development's CRCD Academy who embarked on a new career. Learn how Century made a difference across the state of California as a funder, developer, and manager of exceptional #affordablehousing in 2023: https://bit.ly/3KMYEWn #supportivehousing #CDFI #housingdevelopment #annualreport

The Los Angeles Times published an article about Judge Harry Pregerson—the “grandfather” of Century—and his lasting impact on a group of young men who resisted the Vietnam War draft. Judge Pregerson’s litigation on the construction of the Century Freeway paved the way for the creation of Century Housing and Century Villages at Cabrillo. Thank you to Doug Smith of the Los Angeles Times for this moving piece about a truly remarkable individual. Read more: https://lat.ms/4cplWgB