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First Deal Closed Through Inglewood Home Assist Fund

October 8, 2024/in financing for developers, general, loan closing, press release

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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https://century.org/wp-content/uploads/Inglewood_Fund_Blog.jpg 452 1000 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2024-10-08 14:40:232024-10-08 14:53:30First Deal Closed Through Inglewood Home Assist Fund
Clara Vista entry sign.

Transforming Motels into Permanent Supportive Housing in Orange County

August 7, 2024/in financing for developers, general, loan closing

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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https://century.org/wp-content/uploads/Clara-Vista-entry.jpg 615 1200 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2024-08-07 15:21:022024-08-07 15:21:02Transforming Motels into Permanent Supportive Housing in Orange County

Century Emerging Developers Program Helps Minority-Owned Businesses

October 26, 2022/in acquisition loan, emerging developer, loan closing, new programs, preservation, seniors

Century closed its second loan utilizing the Century Emerging Developers Program with a local nonprofit active in the affordable development space. Through the program, Century provides financing to minority and women-owned developers who, because of organizational size, lack of capitalization, or limited track records, do not have access to financing on the same terms as […]

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https://century.org/wp-content/uploads/Valley-Pride.jpg 400 1200 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2022-10-26 18:46:122024-05-30 18:11:53Century Emerging Developers Program Helps Minority-Owned Businesses

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

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

Lending Matters in August

September 15, 2013/in acquisition loan, loan closing

Last month Century closed two loans with Skid Row Housing Trust: —$2,100,000 in acquisition financing will help Skid Row Housing Trust develop Sherman Way Apartments in Downtown Los Angeles: 65 units, most of which are reserved for homeless veterans with special needs. —Just a few blocks south, Skid Row Housing trust is building Carondelet Apartments, […]

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https://century.org/wp-content/uploads/skid-row-housing-trust.jpg 400 400 bmalecki https://century.org/wp-content/uploads/Century-logo-1.png bmalecki2013-09-15 23:41:312022-12-14 06:44:22Lending Matters in August

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

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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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