The Beacon Wins at SCANPH

The Beacon Honored with SCANPH’s Award for Overall Excellence.

The Beacon Wins at SCANPH

 

We are proud to share that our Long Beach development, The Beacon, was awarded Multi-Family Development of the Year by SCANPH at the Annual Conference’s Homes Within Reach Awards Ceremony. The award recognizes excellence in affordable housing among projects completed in the last year. Selections are submitted by SCANPH members and chosen by an independent jury of professionals from throughout SCANPH’s regional footprint.

The Beacon, home to veterans, formerly homeless people, and very-low-income seniors, is centrally located directly across from a Metro Blue Line stop and two high-frequency bus lines and serves as a physical gateway to Downtown Long Beach. Opened in 2019, The Beacon features a new bus shelter and approach, community rooms, barbecue areas, and computer rooms, with wrap around social services provided through Mental Health America. Beacon is a mixed-use project with 6,200 square feet of retail along Long Beach Boulevard.

“Century is extremely proud of our Beacon Project providing 160 beautiful and much needed affordable homes to veterans and vulnerable seniors,” said Brian D’Andrea, Senior Vice President of Century. “Beyond homes, The Beacon will provide residents with supportive services and connectivity to job and service centers via the Metro light rail and local bus lines. We thank all our partners for making Beacon possible, especially Wells Fargo, KPRS and The Architects Collective. We are most thankful to the City of Long Beach for its financial and overall support through its amazing Development Services and Housing Authority teams.”

Century Celebrates Opening of Anchor Place

Yesterday, Century, the City of Long Beach, and dozens of partners and supporting agencies celebrated the grand opening of Anchor Place, a 120-unit affordable housing development for families and veterans experiencing homelessness.

Located within the Century Villlages at Cabrillo campus owned and operated by Century, the five-story development includes 75 units reserved for veterans experiencing homelessness and 45 units set aside for extremely low-income residents. Anchor Place consists of a mix of one-, two-, and three-bedroom units, extensive open space, and courtyard recreational areas.

“Providing affordable, safe, and secure housing for a veterans and families is a key to addressing the City’s housing needs,” said Councilmember Roberto Uranga. “This development will support the tremendous efforts at the Century Villages at Cabrillo, and further promote vibrant and diverse communities.”

Residents have access to comprehensive on-site supportive services including case management, physical and mental health services, employment services, life skills training, and counseling.

“Century is very proud of Anchor Place and what has been created in the larger Villages at Cabrillo community,” said Ronald M. Griffith, President & CEO of Century Housing. “We are grateful for the investment and contributions of our many partners that have created this special community where lives are being transformed.”

 

Homeless Students Should Be Able to Live in Tax Credit Housing

Seal of the U.S. House of Representatives

Seal of the U.S. House of Representatives

The Low-Income Housing Tax Credit (LIHTC) program is now the nation’s most important source of financing for the development of affordable homes.  Like all public subsidy programs, LIHTCs come with restrictions to make sure that the money is being spent to help the intended population.  But those rules sometimes have unintended consequences.

A couple of years ago, Century Housing ran into one of those situations.  The Internal Revenue Code governing LIHTCs prohibits full-time students from living in tax credit-funded housing.  Originally, these rules seem to have had a sound basis, but like so many such hard and fast rules, it also has some impacts that were not thought of when adopted.

Luckily, Representative Jim McDermott of Washington State has introduced a bill, H.R. 3076,  to fix the rules so they make sense.   Read more

Learning from Ventura County – A Different Approach to Homelessness

Ventura Co Housing Conf. Logo

Ventura County Housing Conference, 9/21/2011

While attending yesterday’s Ventura County Housing Conference, sponsored by Housing Opportunities Made Easy (HOME) and others, I heard a presentation by Cathy Brudnicki, Executive Director of the Ventura County Homeless & Housing Coalition.

I was struck by the approach Ventura County is taking toward ending homelessness.  Ventura County is bucking the trend, and placing more emphasis on preventing homelessness for the many who are at risk of losing their homes due to temporary or emergency situations than they are on housing the few who are chronically homeless.  Read more