
Financing California’s Affordable Housing For 25 Years
California’s affordable and workforce housing developers turn to Century to get projects off the ground quickly and reliably. Century acquisition, bridge, construction and permanent loans have already supported the development of more than 45,000 quality multifamily homes. Take advantage of Century’s competitive rates and ease of execution provided by our in-house team.
Acquisition Loans
- Vacant land or existing assets
- Take advantage of programs like GSAF and LACHIF for added leverage
Bridge Loans
- No prepayment penalties for a more flexible time frame
- Loans available quickly to respond to your immediate needs
Construction Loans
- Reliable draw servicing keeps your contractors on the job
- Small sites welcome
Permanent Loans
- 17-year maximum term designed to work with your LIHTC deal and provide better rate security
- Lack of prepayment penalties to take advantage of changing rates
In addition to utilizing our own funding, Century originates loans in partnership with successful city, county, and state programs:
Golden State Acquisition Fund (GSAF)
Los Angeles County Housing Innocation Fund (LACHIF)