Annual Report: Preservation deals propel Century beyond 25,000 homes financed

Fresh off the virtual presses, the Century Annual Report is a brief recounting of our most successful year in terms of homes financed and loan production.

This year, we highlight high-impact preservation deals in Northern California that have helped Century reach the 25,000 homes financed milestone. One such development, which utilizes the Golden State Acquisition Fund, is Monte Vista Gardens in San José, developed by Jamboree Housing. Thanks in part to $27,455,000 in Century bridge financing, the rehabilitation will convert 26 market rate units to affordable rents, for a total of 144 affordable units at or below 60% AMI.

You can read more about Monte Vista Gardens and get Century’s 2014 lending impacts by downloading the annual report. If you would like to receive a printed copy of the report, please email us.