Inglewood Home Assist Fund

Join the City of Inglewood and Century to score big for affordable housing

Exciting developments have brought the world to the City of Inglewood for sports, entertainment, and business opportunities. But for Inglewood residents, these changes have come at a cost with rising rents leading to tough choices.

The Inglewood Home Assist Fund (Inglewood Fund) takes center court as a $75 million initiative to meet the growing demand for housing in the City of Inglewood. The fund is made possible by the City of Inglewood in connection with the construction of the Intuit Dome. Century Housing, along with our partners, will administer the fund by lending to qualified developers for the acquisition, development, and preservation of affordable and mixed-income housing. Developers based in Inglewood will receive priority.

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Focus & Availability

The Inglewood Fund will provide specialized financing for the acquisition, preservation, and development of affordable housing and mixed-income housing in Inglewood.

Loan products include predevelopment, acquisition, construction, and permanent financing

3% fixed interest rates

Expert origination team with local experience

Take a leading role in the development of critically needed affordable housing

Inglewood Home Assist Fund Terms Discuss Your Inglewood Project With Us

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Inglewood Fund In Action

Sankofa Place at Centinela

Inglewood, California

Developer
Venice Community Housing, Linc Housing, and Social Justice Learning Institute (SJLI)

Loan Type: Construction
Units: 120
Population: Families

Venice Community Housing, Linc Housing, and Social Justice Learning Institute (SJLI) have secured construction financing for Sankofa Place at Centinela, a 120-unit mixed-use affordable housing community in Inglewood. The development will provide affordable homes for low-income families earning between 30% and 80% of area median income, including 59 supportive housing units for chronically homeless individuals and transition-aged youth with long-term project-based vouchers. On-site services, community programming, accessible apartments, and a community facility operated by the Social Justice Learning Institute will support housing stability and neighborhood well-being.

Stadium Village in Inglewood.

Stadium Village

Inglewood, California

Developer
Community HousingWorks

Loan Type: Permanent
Units: 80
Population: Families

Community HousingWorks has secured permanent financing for Stadium Village, an 80-unit apartment complex along Crenshaw Boulevard in Inglewood. This development will maintain affordable rents for residents earning up to 80% of the area median income for the next 55 years, ensuring long-term housing stability in the rapidly growing area. Light upgrades are planned for apartments as they become available, enhancing living conditions for current and future tenants.

More from our news page: First Deal Closed Through Inglewood Home Assist Fund

Previously Financed in Inglewood

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