Contact us about Investment Opportunities

Contact us about Investment Opportunities

SOCIAL IMPACT BEGINS WITH HOUSING

Building communities through affordable housing

Century Housing Corporation is a mission-driven Community Development Financial Institution (CDFI) that finances quality, affordable housing throughout California to provide dignified homes, healthy and hopeful futures, and economic independence to the people we serve. Century-financed developments showcase a unique legacy of serving our triple bottom line: positive financial, social, and environmental outcomes supporting a more just and sustainable future in the places where help is needed most.

44K

Affordable Homes Financed

$2B

Cumulative Community Investment

CENTURY SUSTAINABLE
IMPACT NOTES

Highlights*

Total offering$50 million
TermsFixed interest rates; tenors of 6 months – 20 years
Sustainable impactSupport Century’s mission to deliver affordable housing where it is needed most
Minimum investment
$1,000
Ratings as of 12/14/20S&P AA- | Fitch AA
Sustainalytics opinionSustainability Bond based on use of proceeds, project evaluation/selection, management of proceeds, and reporting
RedemptionPrincipal will be repaid at maturity. Prior to maturity, notes are not redeemable unless provisions for redemption are included in the pricing supplement. Notes may be repurchased by the issuer through the survivor’s option upon the death of the beneficial owner. See prospectus for details.

*This is not an offer to sell or a solicitation of an offer to buy any securities. Such an offer is made only by means of a current prospectus (including any applicable pricing supplement) for each of the respective notes. Such offers may be directed only to investors in jurisdictions in which the notes are eligible for sale. The notes have been designated Sustainability Bonds by Sustainalytics due to the environmental and social impacts of the housing created by Century’s financing of affordable housing. An S&P or Fitch credit rating is not a recommendation to buy, sell or hold notes and may be subject to suspension, reduction or withdrawal at any time. Please check the current pricing supplement for credit ratings assigned to notes currently being offered for sale. The sustainability designation and these credit ratings should not be the only factors investors rely on when assessing the merits and risk of this investment. Investors should rely on the terms as presented in the prospectus. Investors may obtain a current prospectus by visiting www.century.org/invest. The notes are subject to risks, including the loss of principal. Investors are urged to review the current prospectus before making any investment decision. No state or federal securities regulators have passed on or endorsed the merits of the offering of notes. Any representation to the contrary is unlawful. The notes will not be insured or guaranteed by the FDIC, SIPC or other governmental agencies. Past performance is no guarantee of future results.

HOUSING IS ALL WE DO

2019 Results

3463

New Affordable Homes

815

Affordable Homes Preserved

4539

Construction Jobs Created

According to the National Low Income Housing Coalition, affordable housing creates positive economic, social and environmental impacts:

  • Boosts the local economy and increases family incomes
  • Reduces workforce commute times and transportation- related emissions
  • Improves student test scores and college admittance rates

WORKING TOWARD THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS

Our focus on affordable housing extends to energy efficient building and transit-oriented development. We are aligned with the Green Bond Principles and Social Bond Principles, and we are working to advance four United Nations Sustainable Development Goals.

Recent Impacts

Century’s acquisition and predevelopment financing totaling $22,214,000 across two locations in Orange County will be combined with soft funding from the county and federal tax credits to convert poorly-maintained motels to permanent, supportive, affordable housing. All units will target individuals experiencing homelessness, who are particularly vulnerable during the pandemic.

Airport Inn in Buena Park and North Harbor Village in Santa Ana will create 57 and 89 affordable studio homes, respectively. These sites will be improved with community gardens, recreational areas, and a new solar photovoltaic system.

See more recent impact investments.

How To invest

Century Sustainable Impact Notes are available on Incapital’s LegacyTM Platform for impact investments. Talk to your financial advisor about purchasing Century’s notes for your portfolio.