Woman in Construction

Missing Middle Found in Menlo Park

Rampart Village TOD Developer Goes Big

Progress at the country's largest Veteran site

West LA VA

Woman in Construction

Missing Middle Found in Menlo Park

Rampart Village TOD Developer Goes Big

Progress at the country's largest Veteran site

West LA VA

Woman in Construction

Missing Middle Found in Menlo Park

Rampart Village TOD Developer Goes Big

Progress at the country's largest Veteran site

West LA VA

Our Century

Sincere welcome from our Board Chairs and President

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

Ron Griffith
President & CEO

Century Housing Board of Directors

Yvonne B. Burke
Mediator | Alternative Resolution Centers

Christopher Ruiz Cameron
Professor of Law | Southwestern Law School

Carrie Hawkins
Principal | Herbert Hawkins Company

R. Steven Lewis, FAIA
Principal | ZGF Architects

Daniel B. Lopez
Principal | Daniel B. Lopez and Associates

Louise Oliver
Regional Operations Officer Goodwill Southern California

Kristina Olson
Ambassador | California Technology Council

Darroch F. Young
Chancellor Emeritus | LA Community Colleges

This Year’s Stories Told Directly by Century Staff

2021 Combined Social Impact

Lending Transactions

Century loan products supported the development of affordable housing and the creation of full-time equivalent construction jobs in these counties.


Affordable Homes Financed


Construction Jobs Created

Impact Investment Map

Multifamily affordable developments financed in 2021

Development Impact Snapshot

2,020 homes in operation

3,654 people housed

605 homes created or preserved

2,520 homes in the pipeline

$79,627,308 investment value generated

Our Numbers

Financial Position

Century Housing and Consolidated Affiliates | December 31, 2021

Century Housing and Consolidated Affiliates
December 31, 2021


Affordable & Workforce Homes Financed

Total Assets$619,421,982$718,911,255$816,533,440$923,141,131
Net Loans Receivable242,238,733284,519,978366,592,660366,708,545
Cash & Marketable Securities127,510,689150,386,803155,153,886171,621,889
Net Real Estate242,401,969276,490,098286 ,024,435372,771,001
Total Net Assets213,374,160239,397,653278,698,162325,873,529

Thank You!!!!!!!

Affordable Housing Developers

Abode Communities

Affirmed Housing Group

Alliance Property Group

AMCAL Housing

AMG & Associates

Bridge Housing Corporation

Burbank Housing Development

C&C Development

Cesar Chavez Foundation

Charities Housing Development

Chelsea Investment Corporation

Community Corporation of Santa Monica

Community Housing Partnership

CRP Affordable Housing & Community Development

Danco Communities

Domus Development

EAH Housing

East Bay Asian Local Development Corporation

East LA Community Corporation

Eden Housing

Elsey Holdings

Excelerate Housing Group

Father Joe’s Villages

Highland Property Development

HIP Developments

Hollywood Community Housing

Housing Diversity Corporation

Jamboree Housing Corporation

Jemcor Development Partners

Kingdom Development LA Family Housing

Linc Housing Corporation MAAC

Many Mansions

Mercy House

Mercy Housing California

Meta Housing Corporation

MidPen Housing Corporation

Mission Economic Development Agency

National Community Renaissance

Ocean Development

The Pacific Companies

PATH Ventures

The Richman Group

ROEM Development Corporation

Shara L. Coletta

Skid Row Housing Trust

Solutions For Change

Southport Financial Services

Step Up On Second Street

The Core Companies

The Richman Group

Thomas Safran & Associates

Trestle Development

Triton Community Development

USA Properties Fund

Veloce Partners

Visionary Home Builders

Wakeland Housing and Development Corporation

West Hollywood Community Housing

Essential Workforce Housing Developers

Ahmad Samie

Alexis Gevorgian

Alfons Ibrahim

Behzad Okhovat

Chong Lee

Diversified Equities

Edward Lorin

Efi Meirson

Gina Candari

Hassan Soltani

Jonathan Lee

Komova Chandran

Leo Y. Lee

Michael Cohen

Michel Welter

Noam Matas

Prakash Chandran

Shahar Kalev

Soledad Enrichment Action

Steven Bram

Steven Friedman

Timothy R. Roth

Uzi Levy

Yehunda Trattner

Yoram Hassid


The Ahmanson Foundation

Bank of America

Bank of New York

BBVA Compass

California Community Reinvestment Corporation

California Department of Housing and Community Development

California Housing Finance Agency

Calvert Social Investment Foundation

Cedars-Sinai Medical Center

Charles Schwab Bank




City of Long Beach

City National Bank

EastWest Bank

Fannie Mae

Federal Home Loan Bank of San Francisco

GE Foundation


Housing Partnership Network

Hudson Housing Capital

JP Morgan Chase Bank

Los Angeles County Community Development Commission

Los Angeles Housing and Community Investment Department

Low Income Investment Fund Manufacturers Bank

MUFG Union Bank

RSF Social Finance

San Luis Obispo Housing Trust

The Weingart Foundation

US Bank

Wells Fargo Bank