Affordable Housing is Our mission. But we could not accomplish our mission without You and all the other developers, investors, community stakeholders and advocates who are dedicated to creating and preserving quality, affordable housing. In 2021, Century continued our long-standing tradition of responsible financial, social, and environmental stewardship in support of Our common mission.
To assure that Century loan products address the needs of our stakeholders, Century worked with impact investors to offer opportunities to finance exceptional affordable housing so that the people we serve may have a dignified home, a healthy and hopeful future and attain economic independence. Century’s development work at the West LA VA campus and at the 27-acre Century Villages at Cabrillo community in Long Beach demonstrated our growing capacity to develop supportive housing with property management and services focused on the unique needs of the residents.
Our combined accomplishments follow one central conviction: homes are the cornerstone of a thriving and just society
Housed 3,751 residents in Century- operated affordable communities
Financed 4,000+ homes for residents earning an average of 47.5% of the area median income
Helped create approximately 4,000 full-time equivalent construction jobs
Raised $74,555,000 in Century Sustainable Impact Notes
Awarded $270,000 in educational scholarships targeting metro- based colleges teaching urban planning, development, social enterprise, and other fields related to affordable housing
By remaining focused on affordable housing, Century continues to attract investors and partners allowing us to keep innovating and adapting to new programs. Please follow @centuryhousing on LinkedIn, Twitter, and Instagram for updates about Century initiatives designed to streamline the development process and make financing more accessible.
This second edition of Century’s Affordable annual magazine collects housing stories told directly by Century managers working across California. We encourage you to reach out to our authors to strengthen the bonds that connect us all in service of the common cause of more affordable housing: a cause that is more critical today than ever.
Yvonne B. Burke
Chair, Board of Directors
R. Steven Lewis
Vice Chair, Board of Directors
President & CEO
Century Housing Board of Directors
Yvonne B. Burke
Mediator | Alternative Resolution Centers
Christopher Ruiz Cameron
Professor of Law | Southwestern Law School
Principal | Herbert Hawkins Company
R. Steven Lewis, FAIA
Principal | ZGF Architects
Daniel B. Lopez
Principal | Daniel B. Lopez and Associates
Regional Operations Officer Goodwill Southern California
Ambassador | California Technology Council
Darroch F. Young
Chancellor Emeritus | LA Community Colleges