About Century

Century Housing is committed to creating affordable housing.

Our journey began as a state agency and has continued for three decades as a group of private nonprofit affiliates. Partner with us to create vibrant, inclusive, and environmentally conscious communities.

Our mission: We finance, build, and operate exceptional affordable housing so that the people we serve may have a dignified home, a healthy and hopeful future, and attain economic independence.

Our vision: Homes are the cornerstone of a thriving and just society.

Collage of staff and office in Culver City.

Who Are We?

Century Housing Corporation is a certified Community Development Financial Institution (CDFI) and a premier nonprofit lender providing financing to developers of affordable and workforce housing.

Our group also builds and operates affordable and supportive housing communities through Century Affordable Development, Inc. and Century Oasis Residential Services.

Our flagship supportive housing community is Century Villages at Cabrillo, a 27-acre campus in Long Beach with more than 1,500 residents, including formerly unhoused Veterans, families, and individuals with acute mental health needs.

Along with our partners, Century is also a lead developer with The Veterans Collective, which is creating the nation’s largest supportive housing community for Veterans at the West LA VA campus; and One San Pedro, which is redeveloping Rancho San Pedro into a vibrant mixed-use, mixed-income, multigenerational village.

Lastly, we create positive change through the Century Community Fund, which makes impact-driven investments and grants that improve the lives of our community members.

A Legacy of Justice

Century got its start during one of the largest public works projects in U.S. history. In 1972, planning began on the Century Freeway (I-105), sparking Keith v. Volpe, a lawsuit challenging the project. Judge Harry Pregerson, known for his commitment to justice, oversaw the litigation for more than 40 years.

The 1979 consent decree resolving the case established the Century Freeway Housing Program, tasked with creating 4,000 affordable homes for displaced residents. Over 14 years, the program exceeded its goal, producing 5,700 homes.

In 1995, two years after the freeway opened, the program incorporated as Century Housing Corporation—the only known California state agency to privatize as a nonprofit.

Learn more about our remarkable journey to becoming a leading affordable housing investor and developer:

30 Years of Housing Timeline

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Century Housing Corporation is a nonprofit Community Development Financial Institution financing affordable housing development throughout California. Century Villages at Cabrillo, Inc. and Century Affordable Development, Inc. are independent nonprofit entities affiliated with Century Housing Corporation.

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