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Looking Back on 2020

January 21, 2021/in acquisition loan, awards, community support, construction loan, covid, event, families, groundbreaking, loan closing, seniors, sustainability, veterans

As we reflect back on a challenging 2020, we’d like to recount a sampling of the Century team’s proudest achievements. These accomplishments reflect the best of Century’s values, advancing our mission of making homes the cornerstone of a thriving and just society. Century celebrates 25 years of service with two $25,000 donations to charter schools […]

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https://century.org/wp-content/uploads/linkedIn-posts-yearend-blog.jpg 751 1042 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2021-01-21 19:21:442022-12-14 06:44:15Looking Back on 2020

Oakland homes for families and Veterans

December 5, 2018/in acquisition loan, construction loan

500 Lake Park Avenue (pictured): Nonprofit developer EAH Housing, Inc. has secured a half acre site in prime Central Oakland for the construction of 54 affordable family homes using Century acquisition financing. The affordability restrictions are weighted towards the deeply affordable with 8 units restricted to 30% of AMI and 11 units restricted to 40% […]

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https://century.org/wp-content/uploads/500-Lake.png 398 668 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2018-12-05 16:43:152022-12-14 06:44:17Oakland homes for families and Veterans

Century Impacts in September

September 21, 2017/in acquisition loan, construction loan, loan closing, transit-oriented

Mariposa Villa (pictured): $1,400,000 in acquisition financing to developer Leo Lee Family Trust will help convert a parking lot into 33 rental units. With little new construction and rehab of older residential and multi-family buildings within the immediate area, as well as easy access to public transportation, Mariposa will provide much needed workforce housing to […]

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https://century.org/wp-content/uploads/mariposa_small.jpg 329 600 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2017-09-21 19:02:052022-12-14 06:44:19Century Impacts in September

Lending Matters in October

October 29, 2013/in acquisition loan, construction loan, loan closing, predevelopment loan

Century had a productive month, closing four loans throughout Southern California: —$1,620,000 in predevelopment financing will help build Baldwin Park Apartments, a 72-unit workforce housing project developed by ROEM Development Corporation, which will also create 84 FTE construction jobs. –Diversified Equity Group received a $8,500,000 construction loan for 61 homes in Sylmar. Construction of Villa […]

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https://century.org/wp-content/uploads/Century-logo-1.png 0 0 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-10-29 19:34:002022-12-14 06:44:21Lending Matters in October

Aszkenazy Brings 62 Affordable Homes to San Fernando

August 21, 2013/in acquisition loan, construction loan, families, general, grand opening

Residents of the City of San Fernando have Aszkenazy Development, Inc. to thank for Park View Place, a new residential development providing 62 homes affordable to low-income individuals and families, with some reserved for those with special needs. Aszkenazy Development has played an integral role in revitalizing the City of San Fernando, with Park View […]

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https://century.org/wp-content/uploads/paark_view_opening1.jpg 572 1000 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-08-21 20:52:322022-12-14 06:44:22Aszkenazy Brings 62 Affordable Homes to San Fernando

Lending Matters in May

June 27, 2013/in acquisition loan, construction loan, general, grand opening, loan closing

On May 29th, Century attended the Grand Opening of Terra Bella in Bell Gardens, where we received a Letter of Recognition from Congresswoman Lucille Roybal-Allard for our contribution. The 65 unit low-income senior housing project, developed by Abode Communities, was supported by a $3,179,000 Century acquisition loan. Also last month, developer Prakash Chandran received $593,000 […]

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https://century.org/wp-content/uploads/Century-logo-1.png 0 0 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-06-27 17:04:472022-12-14 06:44:23Lending Matters in May

Century Loans in April

May 2, 2013/in acquisition loan, construction loan, families, loan closing

Century recently closed two loans in Southern California: —Jamboree Housing and WNC Investment Partners are developing Arbor Terrace Apartments in Colton (San Bernardino County) with Century’s $12,350,000 acquisition loan, our first deal financed using the Golden State Acquisition Fund. The project will rehabilitate 129 family apartments, adding improvements such as new bathrooms, kitchens and appliances, and […]

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https://century.org/wp-content/uploads/Century-logo-1.png 0 0 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-05-02 22:27:382022-12-14 06:44:23Century Loans in April

More Housing Options Coming to Panorama City

February 22, 2013/in construction loan, families, loan closing

Last week’s closing of a $4,550,000 Century construction loan is paving the way for new workforce apartments in Panorama City thanks to developers Gary Kleinman, David Kleinman, Mike Engelman, Al Leibovic, and Marat Dreicer.  The 28-unit two- and three- bedroom project, named Nordhoff Apartments, will be opening its doors to San Fernando Valley residents in early […]

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https://century.org/wp-content/uploads/Century-logo-1.png 0 0 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-02-22 17:43:212022-12-14 06:44:24More Housing Options Coming to Panorama City

Three Loans, Over $30,000,000 Invested

February 1, 2013/in acquisition loan, bridge loan, construction loan, general, loan closing

Century ended 2012 with three standout loans to three very deserving developers in Southern California: -Treadstone Companies received $14,130,000 in bridge financing for Warwick Terrace Apartments; 108 units in Compton. -Bromont Villas, 49 units in Sylmar, will be developed by Yoram Hassid thanks in part to Century’s $7,850,000 construction loan. -LOMCO was awarded a $9,000,000 acquisition […]

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https://century.org/wp-content/uploads/Century-logo-1.png 0 0 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-02-01 21:11:572022-12-14 06:44:25Three Loans, Over $30,000,000 Invested

Latest Stories

  • Building People: Joe’s Story April 29, 2025
  • Welcoming New Board Member: Anita Nelson April 14, 2025
  • Building 404 Brings New Homes for Veterans at West LA VA April 3, 2025
  • Welcoming New Board Members: Robert Abbasi and Jim Mather February 20, 2025
  • Century Housing Corporation Receives CDFI Fund Award February 6, 2025

Story Categories

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Century Housing Corporation is a nonprofit Community Development Financial Institution financing affordable housing development throughout California. Century Villages at Cabrillo, Inc. and Century Affordable Development, Inc. are independent nonprofit entities affiliated with Century Housing Corporation.

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