William Wong has joined affordable housing nonprofit Century Housing Corporation as Chief Financial Officer, effective Aug. 18, 2025. Wong brings nearly 40 years of international experience in corporate finance, accounting, tax, investments, financial planning and risk management. He has helped raise nearly $1 billion in equity and debt capital over the course of his career, […]
Century Housing is helping lead the way on developments approved under Executive Directive 1 (ED 1), Los Angeles Mayor Karen Bass’s initiative to accelerate housing production in response to the city’s homelessness crisis. Through our construction lending, we’re helping make the 21st Street Apartments a reality—a five-story, 47-unit community that will function as a 100% fully affordable […]
Century Housing had a milestone year in construction lending in 2024, stepping up as traditional lenders pulled back. By providing critical construction financing, Century enabled mission-driven developers to move forward with affordable housing projects that leveraged Portfolio Reinvestment Program (PRP) funding or 9% Low-Income Housing Tax Credits (LIHTC). One example is SRO Housing Corporation’s rehabilitation […]
CULVER CITY, CALIF. (Aug. 5, 2025) — Century Housing Corporation has once again earned high marks for its financial strength and stability, with Fitch Ratings and S&P Global Ratings reaffirming the community development financial institution’s (CDFI’s) issuer credit rating and long-term credit rating of ‘AA’. In addition, Fitch reaffirmed its highest short-term rating of ‘F1+’ for […]