Century Housing Proudly Welcomes Affordable Housing Leader Jacqueline Waggoner as President & Chief Executive Officer

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Waggoner brings more than 25 years of experience in advancing affordable housing and community development in Southern California and nationwide, and will build on Century Housing’s legacy of statewide impact CULVER CITY, CA, March 17, 2026 – Century Housing is proud to announce that Jacqueline Waggoner will join the affordable housing organization as its President & Chief Executive Officer, effective […]

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Red Tail Crossing Opens in Westchester, Delivering 102 Affordable Homes

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Community leaders and housing partners gathered on February 27 to celebrate the opening of Red Tail Crossing, Westchester’s first 100% affordable housing community developed by Community Corporation of Santa Monica. The new development provides 102 homes for households earning between 15% and 60% of the Area Median Income, including apartments reserved for individuals experiencing homelessness […]

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California Developer Roundtable 2026: Candid Conversations, Collaborative Solutions

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Century Housing, Lument, and Downs Pham & Kuei LLP proudly hosted the California Developer Roundtable last week, convening leaders from across the affordable housing industry for an afternoon defined by collaboration and practical problem-solving. This year’s program offered a clear-eyed look at the policy landscape, capital markets, and development realities shaping 2026. From evolving state […]

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Winterfest at CVC: A Season of Joy and Connection

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This winter, Century Villages at Cabrillo (CVC) came alive with laughter, music, and holiday magic as residents gathered for our 13th Annual Winterfest. Thanks to the generosity of our community and lead support from Port of Long Beach, the event welcomed nearly 200 residents for a day filled with warmth, celebration, and meaningful connection. From […]

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Villa Esperanza Reopens in Gilroy

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Villa Esperanza celebrated its grand re-opening on December 11, welcoming residents, partners, and local leaders to mark the completion of a comprehensive rehabilitation of the 21-unit affordable housing community in Gilroy. Owned and operated by Eden Housing, Villa Esperanza provides stable, affordable homes for individuals with disabilities and families and plays a key role in […]

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Finding Home at Building 404: Bob’s Story

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When Robert “Bob” moved into his apartment at Building 404 on the West LA VA campus this spring, it marked more than a change of address—it was a turning point. After months of treatment and recovery, and more than a year sleeping in his truck, he finally had a front door, a kitchen, and a […]

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Friendship Terrace ribbon cutting ceremony.

From Freeway to Friendship Terrace: A New Chapter for South Pasadena Families

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Last week’s grand opening of Friendship Terrace in South Pasadena marked a joyful homecoming for residents returning to their newly rehabilitated apartments. The 12-unit building, originally constructed in 1953, has been thoughtfully renewed by Pasadena Friendship Community Development Corporation (PFCDC) with construction financing from Century Housing. “Any day we get to celebrate new or revitalized […]

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Celebrating 30 Years of Century Housing

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Members of the Century community gathered on Wednesday, Oct. 29 at the Audrey Irmas Pavilion in Los Angeles to celebrate three decades of impact in affordable housing. The evening brought together longtime partners, community leaders, board members, and staff to honor a legacy that began with the Century Freeway Housing Program and continues today through […]

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CADI and Partners Break Ground on Century + Restorative Care Village Phase 1

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Solis and Century Housing Break Ground on 146 Supportive and Affordable Homes at Restorative Care Village of LA General Medical Center LOS ANGELES, Calif. — Los Angeles County Chair Pro Tem and First District Supervisor Hilda L. Solis, along with Century Housing, joined community partners and supporters today in celebrating the groundbreaking of Century + […]

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Villa Vanowen Welcomes First Residents Home

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Century is proud to announce the opening of Villa Vanowen in Van Nuys. Developed by Century Affordable Development, Inc. (CADI), the new community provides 64 apartments for people moving out of homelessness, along with on-site support to help residents build stable, independent lives. A recent move-in day brought meaningful moments as residents received their keys […]

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Beulah Ku Named a Leader of Influence by Los Angeles Business Journal

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Century Housing is pleased to share that Chief Strategy Officer Beulah Ku has been named to the Los Angeles Business Journal’s 2025 Leaders of Influence: Nonprofit & Philanthropy list, which spotlights executives advancing mission-driven work across L.A. County. As Chief Strategy Officer, Ku leads Century’s organizational growth strategy: cultivating high-value partnerships, exploring joint ventures and […]

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Finding Stability at Building 404: Phillip’s Story

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When Phillip Brennan received the keys to his apartment at Building 404 at the West LA VA earlier this year, the moment was nothing short of life-changing. After decades of living in rented rooms, followed by a sudden loss of housing, Phillip had endured months of uncertainty before finally settling into a place he could […]

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William Wong portrait.

Century Housing Names William Wong as Chief Financial Officer

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William Wong has joined affordable housing nonprofit Century Housing Corporation as Chief Financial Officer, effective Aug. 18, 2025. Wong brings nearly 40 years of international experience in corporate finance, accounting, tax, investments, financial planning and risk management. He has helped raise nearly $1 billion in equity and debt capital over the course of his career, […]

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Borrower Spotlight: CA DCM Rentals

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Century Housing is helping lead the way on developments approved under Executive Directive 1 (ED 1), Los Angeles Mayor Karen Bass’s initiative to accelerate housing production in response to the city’s homelessness crisis. Through our construction lending, we’re helping make the 21st Street Apartments a reality—a five-story, 47-unit community that will function as a 100% fully affordable […]

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SRO Housing developments.

Expanding Construction Lending to Advance Affordable Housing

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Century Housing had a milestone year in construction lending in 2024, stepping up as traditional lenders pulled back. By providing critical construction financing, Century enabled mission-driven developers to move forward with affordable housing projects that leveraged Portfolio Reinvestment Program (PRP) funding or 9% Low-Income Housing Tax Credits (LIHTC).  One example is SRO Housing Corporation’s rehabilitation […]

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Century corporate building in Culver City.

Century Housing Maintains Top Credit Ratings, Supporting Affordable Housing Financing

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CULVER CITY, CALIF. (Aug. 5, 2025) — Century Housing Corporation has once again earned high marks for its financial strength and stability, with Fitch Ratings and S&P Global Ratings reaffirming the community development financial institution’s (CDFI’s) issuer credit rating and long-term credit rating of ‘AA’. In addition, Fitch reaffirmed its highest short-term rating of ‘F1+’ for […]

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CRCD Academy 2025 group photo.

Century Community Fund Partners with CRCD to Support South LA Youth

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Century’s mission to make affordable housing accessible for more Californians—through financing, development, and operations—underscores our basic goal: to create stronger communities where everyone can thrive. The Century Community Fund (CCF) extends our core business by supporting community-based organizations and students from low-income backgrounds. “It’s important that we not only focus on the housing itself, but […]

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Century+Restorative Care Village elevation rendering.

Century + Restorative Care Village Phase 1 Closes On Financing

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Century Affordable Development, Inc. (CADI) has closed on financing for Century + Restorative Care Village Phase 1, a transformative new development that will bring 146 affordable homes and critical health services to the East Los Angeles community. In addition to affordable and permanent supportive housing, the development includes a 12-bed peer respite program and thoughtfully […]

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Jim Mather Named Acting President & CEO of Century Housing

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Century Housing is pleased to announce that Jim Mather has been appointed Acting President & CEO, effective Tuesday, June 10. A longtime leader in affordable housing and community development, Jim brings more than four decades of experience to the role and a deep understanding of Century’s mission and work. Jim joined the Century Housing Board of […]

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2024 Century Annual Report cover.

2024 Annual Report and Inaugural Investment Impact Report Released

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Century Housing is proud to share two new publications that reflect a year of meaningful progress and impact: our 2024 Annual Report and our first-ever Investment Impact Report. As we mark 30 years of mission-driven service, the 2024 Annual Report highlights the partnerships, programs, and milestones that shaped 2024. Century helped finance more than 5,200 affordable homes, […]

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Oak Park development rendering.

Borrower Spotlight: Domus Development

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Century Housing is proud to spotlight Domus Development, a longtime client and trusted partner dedicated to creating housing that meets the needs of vulnerable Californians. Most recently, Domus repaid two Century-financed acquisition loans supporting meaningful new developments in both Northern and Southern California. Oak Park Senior and Oak Park Family Apartments – Chico, CA In […]

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Joe at the CVC grand lawn.

Building People: Joe’s Story

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“Century builds housing. Here at CVC, we build people.” When Joseph “Joe” Haywood arrived at Century Villages at Cabrillo (CVC), he didn’t just find a job—he found a purpose. Today, as a longtime member of the Century team, Joe’s story reflects the heart of our mission: creating not only housing but opportunity, dignity, and lasting […]

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Welcoming New Board Member: Anita Nelson

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Century Housing is proud to welcome Anita Nelson, Chief Executive Officer of SRO Housing Corporation, to our board of directors. With more than 35 years of experience across the nonprofit and private sectors, Ms. Nelson brings deep expertise in affordable housing development, operations, and fiscal management. Since 2003, she has led SRO Housing Corporation—an established […]

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Century-developed WLAVA Building 404 Residents.

Building 404 Brings New Homes for Veterans at West LA VA

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The transformation of the West Los Angeles VA campus continues with the opening of Building 404, a new permanent supportive housing community developed by Century Affordable Development, Inc. This 73-home community is made possible through The Veterans Collective—a partnership between Century, U.S.VETS, and Thomas Safran & Associates—reflecting a shared commitment to building a neighborhood where […]

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Welcoming New Board Members: Robert Abbasi and Jim Mather

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Century Housing is pleased to welcome Robert Abbasi and Jim Mather to our board of directors.  Mr. Robert Abbasi, founder and president of RTI Properties, Inc., brings over 40 years of experience in real estate investment, development, and finance. Under his leadership, RTI has managed a diverse portfolio of multifamily, retail, office, and manufactured home […]

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CDFI Fund logo

Century Housing Corporation Receives CDFI Fund Award

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Century Housing Corporation has received a $725,000 Financial Assistance (FA) Award from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund. We learned of the award last fall as part of the FY 2024 CDFI Program funding round announcement—and the funds arrived this week. This award is part of the CDFI Fund’s […]

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California Developer Roundtable 2025: Advancing Affordable Housing Solutions

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Century Housing, Lument, and Downs Pham & Kuei LLP proudly hosted the California Developer Roundtable on Tuesday, Feb. 4, 2025, bringing together leaders in real estate development, finance, and policy for an insightful day of discussions on the future of affordable housing. This annual gathering continues to be a key platform for collaboration and knowledge-sharing, […]

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Standing Together During the LA Wildfires: A Message From Century Housing

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Dear Friends, The wildfires in Los Angeles County have brought devastating losses for many, including members of our affordable housing community. Our hearts go out to everyone impacted by this ongoing crisis, and we extend our deepest sympathies to those who have lost their homes. At Century, we understand that this disaster is still tragically […]

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Affordable Housing Opens for Veterans in Long Beach

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The Cove Brings 90 Apartments for Low-Income Veterans, Including Those Who Have Experienced Homelessness Century Housing celebrated the grand opening of The Cove this week with a ribbon-cutting ceremony, unveiling its newest affordable housing development exclusively for Veterans. Developed by Century Affordable Development, Inc., the 90-unit apartment community is the latest addition to Century Villages […]

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Long Beach Mayor with other speakers at the CVC Housing Solutions event.

Century Villages Hosts Press Event on Housing Solutions

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This week, Century Villages at Cabrillo in Long Beach hosted the unveiling of a pivotal report linking public investment in housing to reduced homelessness. Leaders from the Los Angeles County Affordable Housing Solutions Agency (LACAHSA), the Homelessness Policy Research Institute, and United Way of Greater Los Angeles gathered at our supportive housing community to explore […]

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Richard in Afghanistan.

Staff Reflection on Veterans Day

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At Century Housing, supporting Veterans in their journey toward stable housing and renewed independence is central to our mission. This Veterans Day, we are honored to share insights from Richard Pacheco, a Veteran and case manager with Century Oasis Residential Services at The Moonstone, who brings his own experiences to his work, helping fellow Veterans rebuild […]

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Collage of photos from the Santa Angelina opening.

Santa Angelina: Innovative Collaboration for Affordable Senior Housing

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This year, Century Housing celebrated the grand opening of National CORE’s Santa Angelina community, which highlights innovative approaches to affordable housing. Developed on church property in Placentia in conjunction with the Episcopal Diocese of Los Angeles, Santa Angelina showcases how religious institutions can help address California’s housing needs. While it predates Senate Bill 4, which […]

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The Moonstone Ribbon Cutting

Century Housing and Partners Celebrate The Moonstone Opening

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Homekey Conversion Transforms Former Motel into Permanent Supportive Housing for South Bay Residents Experiencing Homelessness REDONDO BEACH, CALIF. (Oct. 17, 2024) — Today, Century Housing marked the opening of The Moonstone, a community offering 20 studio apartments for residents who have experienced chronic homelessness. Century’s development affiliate, Century Affordable Development, Inc., transformed a blighted motel along Pacific […]

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First Deal Closed Through Inglewood Home Assist Fund

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Nonprofit Housing Developer to Rehabilitate Apartment Complex and Keep Rents Affordable INGLEWOOD, CALIF. (Oct. 8, 2024) — Today, Century Housing Corporation announced the closing of its first loan through the Inglewood Home Assist Fund with Community HousingWorks, a nonprofit affordable housing developer. Community HousingWorks has acquired Stadium Village, an 80-unit complex in Inglewood, to maintain […]

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Clara Vista entry sign.

Transforming Motels into Permanent Supportive Housing in Orange County

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Orange County, known for its world-renowned attractions like Disneyland and its stunning coastline, has a rich history as a tourist destination. For decades, motels along the famed “Road to Summer,” Beach Boulevard, provided affordable lodging for out-of-towners. Today, many of these properties have fallen into disrepair. However, for community members on the brink of homelessness, […]

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Couple moving into The Banning.

Celebrating a Month of Move-ins

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This July, Century welcomed dozens of residents into our newly opened supportive communities in Long Beach and the South Bay: The Moonstone, The Banning, and The Cove. “Working in affordable housing can be stressful but move-in days remind us why we are here and what makes our field so special,” said Heather Sharp, Vice President […]

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Ron Griffith speaking at a More Than Shelter fundraising event.

Century Housing President & CEO Ronald Griffith Announces Retirement

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Ronald Griffith Stepping Down After 26 Years of Service to Century Housing as President & CEO and General Counsel CULVER CITY, CALIF. — The President & CEO and General Counsel of Century Housing, Ronald Griffith, recently announced his retirement from the organization, effective September 2, 2024. Mr. Griffith has served as President & CEO of […]

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Front cover of the Century 2024 annual report.

Century Housing Releases 2023 Annual Report

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Century is excited for the publication of our 2023 Annual Report. The theme, “Partners for Change,” reflects our commitment to expanding our impact in close collaboration with industry partners, government agencies, community members, and clients.   Learn how Century has made a difference across the state of California as a funder, developer, and manager of exceptional […]

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Century Housing Corporation Selected to ImpactAssets 50™️ (IA 50) 2024

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ImpactAssets, the impact investing trailblazer with a decade-plus track record of mobilizing capital for good, today released the ImpactAssets 50™️ (IA 50) 2024, a free publicly available, searchable database of impact investment fund managers globally, with Century Housing Corporation on the list. The IA 50, now in its 13th year, is designed to offer a […]

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Insights and Innovation: Highlights from the California Developer Roundtable 2024

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Century Housing, Lument, and Downs Pham & Kuei LLP hosted the California Developer Roundtable on Thursday, Feb. 15, our annual gathering of real estate development leaders and partners. We are grateful for the participants who faithfully attend our roundtable every year, as well as the new faces who joined us. It was also an honor […]

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Revitalizing Communities Through California’s Portfolio Reinvestment Program

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by Nick Friend, Director, Northern California Century recently closed its latest Portfolio Reinvestment Program (PRP) project with Eden Housing: Vista Verde, a 76-unit apartment complex in Santa Cruz County, which is undergoing rehabilitation as part of California’s innovative PRP initiative. Through this program, the state is repurposing leftover federal COVID relief funds to support aging properties with […]

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Century Logo Mark

Century Housing Receives Generous $15 Million Grant from Philanthropist MacKenzie Scott  

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CULVER CITY, CALIF. – Century Housing, a nonprofit lender, developer, and manager of affordable housing, announced today that MacKenzie Scott donated $15 million to the organization through her philanthropic fund, Yield Giving. The unrestricted gift will support Century’s critical work across the state of California to create and preserve affordable housing and build stronger, healthier […]

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Century Villages at Cabrillo community space

Executive Leadership Changes at Century Villages

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Today we are writing to share important news regarding Century Villages at Cabrillo’s leadership. After 20 years of dedicated service to Century Housing, including 10 years as executive director of the Villages, Steve Colman has announced his retirement. Steve’s vision, passion, and collaborative spirit have been instrumental in shaping the Villages into the transformative community […]

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Century Housing Corporation Headquarters

Century Housing Issuer Credit Rating Raised to ‘AA’ by S&P Global Ratings; Outlook Stable

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S&P Global Ratings announced it has upgraded Century Housing’s issuer credit rating to ‘AA,’ from ‘AA-’. This makes Century currently the highest-rated Community Development Financial Institution (CDFI) rated by S&P Global. “We are gratified that S&P Global Ratings recognizes Century’s creditworthiness as a CDFI, which allows us to pursue innovative financial solutions to the housing […]

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Community Fund Impacts

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The Century Community Fund (CCF) expands our mission to advance equitable housing and community development. Through impact-driven investments and grants, we aim to address the barriers to housing, employment, and other opportunities for stability that residents disproportionately face in low-wealth communities.

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Residents Find Dignity and Hope

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Residents Find Dignity and Hope: Joseph – Stability and Peace After Years of Experiencing Homelessness; Christina – A Place to Call Home for Single Mother and Children

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Lending Highlights

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Lending Highlights: National CORE Names Century Corporate Partner of the Year; Emerging Developers Program & Commercial Paper Program; Preventing Displacement in the Bay Area with Eden Housing

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The Banning Groundbreaking

Mayor Eric Garcetti joins CADI for The Banning Groundbreaking

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The Banning, our first HHH development in the City of Los Angeles and a proud moment for Century, broke ground yesterday. For those that weren’t able to join us, it was a spectacular event that featured our Mayor, Eric Garcetti, State Senator Steven Bradford, Assemblymember Mike Gipson, our Board Chair Yvonne Burke and others. It […]

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First State of California CDFI Fund Approved

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Recently, Governor Newsom signed the 2022-23 CA state budget, which includes authorization of $50M to establish the California Investment and Innovation Fund, a state-level Community Development Financial Institution (CDFI) fund. This is a great moment for CDFIs and the communities they serve. This investment will strengthen and further support the work of CDFIs that are actively engaged in […]

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