Century Housing

Meet Diana (pictured right), a resident of Century Villages at Cabrillo, whose story embodies the power of community and perseverance. When Diana arrived at the Villages nearly a decade ago, she was determined to create a stable environment for her family. She had overcome homelessness, addiction, and domestic violence. With a secure home and support from the Century Oasis Residential Services team, she found stability and learned about the Family Self-Sufficiency (FSS) Program offered by the Housing Authority of the City of Long Beach. The FSS program empowers residents to improve their financial situations over five years, setting aside and matching increases in their rent portion. Through this program, Diana learned how to buy a home, budget, build credit, and attended workshops. She received promotions at work, and after five years of hard work and saving, she received a lump sum from the FSS program. A key figure in Diana’s journey was her case manager, Millicent “Millie” Boye. Millie provided unwavering support and guidance, always being there to help navigate challenges. Diana shared, “I have so much gratitude toward this community and the way that Millie has believed in me." Millie’s dedication exemplifies the impact that compassionate support can have on transforming lives. Diana now plans to buy a home out-of-state, close to her adult daughters. Join us in celebrating Diana’s remarkable journey and the incredible support from Millie and the Century Oasis team! Read more about our work to create homes and hope for residents in our annual report: https://lnkd.in/gjE55fws #affordablehousing #supportivehousing #community Millicent B.

This month, we are celebrating our new residents at The Moonstone, our Project Homekey conversion in Redondo Beach! Century Affordable Development, Inc. transformed a former motel into permanent supportive housing for people experiencing chronic homelessness in the South Bay. Twenty residents have moved in and now have a safe, secure place to live. They also receive on-site case management from Century Oasis Residential Services. Our team supports residents in areas such as behavioral and physical health, benefits enrollment, and job readiness, as they work toward self-sufficiency and achieving their goals. Thank you to everyone who helped bring our new residents home! Learn more about Century Affordable Development's work: https://lnkd.in/g3E98gNt #ProjectHomekey #affordablehousing #supportivehousing

👏 Century Housing, in partnership with Wakeland Housing and Development Corporation, is thrilled to announce our successful Affordable Housing Program (AHP) application to the Federal Home Loan Bank of San Francisco. Wakeland's project, Union Tower in National City, will benefit greatly from this AHP grant. This development will create 93 affordable homes for previously unhoused Veterans and lower-income families and individuals. As a proud member of the Bank, Century Housing Corporation submits applications for our #developer partners in the Bank's annual AHP funding competition. This collaborative effort underscores our commitment to creating affordable housing and fostering sustainable communities. Congratulations to Wakeland, and thank you to the Bank for its unwavering support and investment in #affordablehousing! ➡️ Read details: https://bit.ly/3W6TdGP #CDFI #lending

Meet Sandra, a resilient mother of three who transformed her life through the support of the Coalition for Responsible Community Development (CRCD) in South LA. The Century Community Fund has been a proud partner of CRCD, providing financing for CRCD Enterprises and contributing $30,000 in scholarships for CRCD Academy students in 2023. Seeking a new career, Sandra joined CRCD Enterprises, a general contracting firm focused on construction, public works, and community beautification. While working there, she learned about CRCD’s MC3 Construction Apprenticeship Readiness Program. To qualify, Sandra earned her high school diploma through CRCD Academy, which provides an expedited path for young people ages 16-24 to earn their diplomas. Today, Sandra works for a construction engineering company and is a member of the local laborers union, where she looks up to other women as role models. CRCD connected her with a union journeywoman mentor, helping Sandra pave the way for a brighter future for herself and her family. Read more about our work with CRCD and other partners in our annual report: https://lnkd.in/gjE55fws

☀️ The latest Century Community Update is out! Dive into our summer edition for inspiring stories from across Greater LA, including move-ins, groundbreaking ceremonies, and more. 📰 Read the full update: https://bit.ly/3S1laOZ

#Update: The LA County Board of Supervisors voted to set aside up to $10 million in #NoPlaceLikeHome program funds for the Charles R. Drew University Wellness Campus in Willowbrook. Century Affordable Development, Inc. is excited to partner with Charles R. Drew University and Thomas Safran & Associates on this transformative project. Together, we are creating 254 affordable homes, along with wellness and recreational facilities. Our goal is to provide much-needed housing for families and seniors, fostering a vibrant and inclusive community. Read more: https://bit.ly/4bwSvbJ #affordablehousing #supportivehousing #development

Karen��lived in her truck camper for over a year, facing the harsh realities of homelessness in Los Angeles. In 2023, she received life-changing news that a home was available at The Quincy, a new supportive community for formerly unhoused seniors. Developed by Wakeland Housing and Development Corporation, The Quincy also benefits from onsite services provided by The People Concern. Century Housing supported Wakeland with acquisition and predevelopment financing and sponsored a successful Affordable Housing Program loan application to help make this property a reality. Now living at The Quincy, Karen can finally breathe easy. She’s closer to her daughter and has the space to consider her next steps, like finishing her marketing degree and pursuing her hobbies. “Without hope, I have nothing. And every day here is hopeful,” Karen shared. Karen's story is a testament to the impact of #supportivehousing and the dedication of organizations like Wakeland and The People Concern. 📖 Read more about Century's partnerships and impact in our annual report: https://lnkd.in/gjE55fws #CDFI #housing

Some positive news from the Los Angeles Homeless Services Authority's 2024 Homeless Count: There was a decrease in the number of people experiencing homelessness across LA County from the previous year, with a significant decline in the number of unhoused Veterans. We firmly believe that housing is the solution to homelessness. Century is incredibly proud to be part of The Veterans Collective, creating the nation's largest #supportivehousing community for #Veterans at the West LA VA. Read our 2024 Community Impact Report for details on the major progress we have made: https://bit.ly/4bmIDRy

Century Development Manager Victor A. Casanova recently participated in a panel on sustainability in real estate development as part of the USC Ross Program in Real Estate’s summer session. Panelists shared insights into the critical importance of sustainability in the built environment and the role developers play in making cities greener and fighting climate change. At Century, our commitment to energy-efficient building practices and transit-oriented development underscores our dedication to fostering sustainable communities. #affordablehousing #sustainability

If you’re at the Pacific Coast Builders Conference (PCBC), make sure to stop by the Century booth! Vice President of Construction Lending Tracey Burns and Loan Assistant Maria Obledo are there to answer your questions about Century’s loan products for multifamily housing. #CDFI #construction