The year 2022 represented a time of transition as the world started to emerge from the COVID pandemic. These changes impacted the work that Century Housing does on multiple fronts as a funder, developer, and manager of exceptional affordable housing across California.
As a lender, we provided reliable, expeditious service to affordable and workforce housing developers across the state. We made inroads in new real estate markets, especially Northern California where we grew our footprint and impact on underserved communities. As a builder, we made significant progress on developments across the greater Los Angeles area, including the West L.A. Veterans Affairs North Campus which will become home to thousands of Veterans in need. As an operator of permanent supportive housing, we ensured our residents enjoyed high-quality, affordable homes and vital services to help them on their personal journeys.
Our commitment to improving the lives of our neighbors is evident through the dedication of our staff, who contribute meaningfully to our singular mission of affordable housing. We are grateful for the passion they bring to our important work every day. We are also thankful to our board members, partners, investors, donors, and supporters who help bring our mission to life. The housing crisis is complicated, but the tenacity and advocacy of our colleagues inspire hope for equitable, lasting solutions.
With more than 25 years of experience, Century has a strong foundation upon which we are continuing to expand, as evidenced by new initiatives like the Century Community Fund and the Emerging Developers program. We invite you to continue to grow with us as we pursue a better future for all Californians.
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.
Yvonne B. Burke
Chair, Board of Directors
President & CEO