About Century

Century Housing is committed to creating affordable housing.

Our journey began as a state agency and has continued for nearly 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.

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), a major thoroughfare through Los Angeles County. Residents in areas affected by the proposed development fought the project through the lawsuit, Keith v. Volpe.

Judge Harry Pregerson oversaw the litigation regarding the Century Freeway for more than 40 years. Judge Pregerson is remembered as an activist judge who sought justice for underserved groups—at his confirmation hearing for the U.S. Court of Appeals for the Ninth Circuit, he testified, “If I had to follow my conscience or the law, I would follow my conscience.”

Judge Pregerson fought to ensure the 1979 consent decree, which resolved the litigation and cleared the way for the freeway’s construction, addressed the many needs of the impacted community members. Among its provisions, the consent decree established the Century Freeway Housing Program, a state agency whose goal was to create approximately 4,000 affordable homes for community members displaced by the freeway. Over the next 14 years, the program surpassed its goal, producing 5,700 affordable 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 organization. This marked the beginning of our mission-driven efforts, initially utilizing capital from our predecessor, the Century Freeway Housing Program.

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