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Century Housing

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Namestring
Century Housing
Legal namestring
Century Housing Corporation
Company typeenum
Private
Founded yearint
2013
Descriptiontext

Century Housing Corporation is a nonprofit Community Development Financial Institution (CDFI) headquartered in Culver City, California, founded in 1995 (per firmographics; the website references 30 years of housing). The organization finances, builds, and operates affordable and workforce housing across California, with affiliated nonprofit entities Century Villages at Cabrillo, Inc. (residential operations) and Century Affordable Development, Inc. (real estate development) extending its reach into long-term property management and co-development. Century Housing has financed 10,000+ affordable and workforce homes and houses thousands of residents in Century-operated properties.

Its core products are construction loans, permanent loans, and acquisition/bridge loans to affordable housing developers, plus targeted programs such as the Emerging Developers Program (supporting new and underrepresented developers) and the Inglewood Fund (a sub-market-focused financing initiative). The organization also provides integrated housing and community development services: real estate development, residential services, and community engagement, supported by the Century Community Fund philanthropic arm and a borrower portal for loan servicing. The technology stack is a CDFI lending and portfolio management platform with no disclosed AI/ML capabilities.

Revenue derives from three streams: loan interest and fees on its lending portfolio (the primary stream), development fees earned through Century Affordable Development, Inc., and rental/residential operations income through Century Villages at Cabrillo, Inc. and operated properties such as The Cove and Anchor Place. Pricing on financing products is not publicly disclosed; each transaction is negotiated deal-by-deal with developers and housing authority partners. The go-to-market is enterprise B2B, relationship-driven, focused on affordable housing developers and public housing authorities in California, with growing institutional exposure to broader West Coast affordable housing markets via co-investment in vehicles such as the BRIDGE Housing Impact Fund I.

Short descriptiontext

Century Housing is a nonprofit California CDFI that finances, develops, and operates affordable and workforce housing, serving affordable housing developers, public housing authorities, and low-income residents through construction, permanent, and bridge lending plus integrated development and residential services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersCulver City, United States
HQ citystring
Culver City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
affordable housing finance, construction lending, community development lending, CDFI loans, acquisition bridge loans
Industry3 codes
1Residential Affordable Housing Development & Construction
CodeIMAFABAIPrimaryYes
2Affordable Housing & Community Development (Housing, Community Land Trusts)
CodeBPAGALACPrimaryNo
3Public Housing & Social Housing Development/Modernization Programs
CodeFSALAKAHPrimaryNo
NAICS code2 codes
  • New Multifamily Housing Construction (except For-Sale Builders)236116
  • Residential Building Construction2361
SIC code2 codes
  • Land Subdividers & Developers (No Cemeteries)6552
  • Real Estate6500
Product category
Affordable Housing Finance
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Loan Interest and Fees
TypeSubscription Recurring
Description

Century Housing generates revenue through interest income and fees on its portfolio of construction loans, permanent loans, and acquisition/bridge loans provided to affordable housing developers across California. Revenue is recurring as loans mature and new development projects are financed.

century.org
2Development Fees
TypeProfessional Services
Description

Fees earned through affiliated entity Century Affordable Development, Inc. for real estate development services on affordable housing projects the organization co-develops or manages.

century.org
3Residential and Property Operations
TypeManaged Services
Description

Revenue from operating residential properties (e.g., The Cove, Century Villages at Cabrillo, Anchor Place), including rental income and resident services, through affiliated entity Century Villages at Cabrillo, Inc.

century.org
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1Century Community Fund
Description

Community fund initiative focused on affordable housing and community development.

century.org
+2 more records
Core offering1 text field

Century Housing is a nonprofit Community Development Financial Institution (CDFI) that provides construction, permanent, and acquisition/bridge loans to affordable housing developers across California. It also directly develops, owns, and operates affordable and workforce housing properties and delivers resident and community engagement services through affiliated nonprofit entities. Financing, real estate development, and residential services are unified under one mission-driven platform focused on dignified housing for low-income individuals and families.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 10,000+ affordable and workforce homes financed across California
+4 more records
Product overview1 text field

Century Housing is a nonprofit Community Development Financial Institution (CDFI) that operates as a unified platform combining financing and housing development services for affordable housing across California. The core offerings include financing products for developers (Acquisition & Bridge Loans, Construction Loans, Permanent Loans), specialized programs (Emerging Developers Program, Inglewood Fund), and integrated housing development services (Real Estate Development, Residential Services, Community Engagement). The organization also operates the Century Community Fund as its philanthropic arm and maintains a Borrower Portal for account management. Affiliated entities include Century Villages at Cabrillo, Inc. and Century Affordable Development, Inc.

Product and service8 records
1Acquisition & Bridge Loans
CategoryConstruction and Real Estate Finance
Description

Short-term financing for acquiring affordable housing properties or bridging capital needs during development transitions, provided to affordable housing developers in California.

2Construction Loans
CategoryConstruction and Real Estate Finance
Description

Financing for new construction of affordable housing developments in California, supporting the building phase of residential projects for developers.

3Permanent Loans
CategoryConstruction and Real Estate Finance
Description

Long-term financing for completed affordable housing properties, providing stable capital for operational phases of income-restricted developments.

4Emerging Developers Program
CategoryConstruction and Real Estate Finance
Description

Specialized financing track supporting new and emerging developers, particularly those from underrepresented backgrounds, with tailored capital and guidance to enter affordable housing development.

5Inglewood Fund
CategoryConstruction and Real Estate Finance
Description

Specialized financing fund focused on affordable housing development in Inglewood, California, part of the Inglewood Home Assist Fund initiative.

6Real Estate Development
CategoryReal Estate Development
Description

Direct development of affordable housing properties, creating new residential communities for low-income individuals and families across California.

7Residential Services
CategoryProperty Operations and Resident Services
Description

Ongoing services for residents of affordable housing properties operated by Century, supporting stability and quality of life for tenants in income-restricted units.

8Community Engagement
CategoryCommunity Development Services
Description

Programs and initiatives that connect residents and under-resourced neighborhoods with resources, opportunities, and support networks to promote stability and economic growth.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-12
Description

Richman Group is a joint venture partner in the One San Pedro Collaborative, alongside National CORE, Century Housing, and HACLA. The collaboration is redeveloping the WWII-era Rancho San Pedro public housing project near the Port of Los Angeles, tripling housing capacity from 478 to 1,553 units over 20 years. Richman Group brings real estate development expertise to the partnership.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-12
Description

National CORE (National Community Renaissance) is a joint venture partner in the One San Pedro Collaborative, redeveloping the Rancho San Pedro public housing project. National CORE contributes affordable housing development and community development expertise to the partnership.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-12
Description

HACLA is a joint venture partner and public entity co-owner of the One San Pedro Collaborative redevelopment project. As the housing authority, HACLA provides regulatory oversight, public housing置换 commitments, and governmental coordination for the 1,553-unit redevelopment.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1National CORE
TypeDirect peer
Description

National CORE (National Community Renaissance) is a California-headquartered nonprofit affordable housing developer and direct co-development partner of Century Housing on the One San Pedro Collaborative. Highly comparable in target geography, project scale, and resident-services integration.

TypeDirect peer
Description

Abode Communities is a Los Angeles-based nonprofit affordable housing developer and operator serving low-income and formerly homeless residents. Comparable to Century Housing in California geography, mission, and integrated development-plus-services model.

TypeDirect peer
Description

LISC is one of the largest national CDFIs, providing loans, equity, and capacity building to community developers. Directly comparable to Century Housing as a CDFI lender focused on affordable housing and community development, though operating nationally at much greater scale.

TypeDirect peer
Description

Mercy Housing is a leading national nonprofit affordable housing developer, owner, and operator. Comparable to Century Housing in combining development, ownership, and resident services across income-restricted multifamily housing.

TypeDirect peer
Description

BRIDGE Housing is a California-focused nonprofit affordable housing developer and fund manager — the most direct peer to Century Housing, with an overlapping mission to develop, own, and operate affordable rental housing in California and the broader West Coast.

TypeDirect peer
Description

A Community of Friends is a Los Angeles nonprofit developer of permanent supportive and affordable housing for low-income and special-needs residents. Comparable to Century Housing on affordable and supportive housing development, on-site services, and Los Angeles geography.

TypeDirect peer
Description

Enterprise Community Partners is a national nonprofit CDFI that deploys debt and equity into affordable housing developers and community development projects. It is comparable to Century Housing as a CDFI lender and developer, though at materially larger national scale.

TypeBroad incumbent
Description

Related California is the West Coast arm of Related Companies, a large national real estate developer with a significant affordable and mixed-income housing portfolio. Comparable to Century Housing on affordable multifamily development in California, though at materially larger scale and with broader market-rate exposure.

TypeDirect peer
Description

Hollywood Community Housing Corporation is a Los Angeles-based nonprofit developing affordable rental housing for low-income and formerly homeless households. Closely comparable to Century Housing in California geography, target population, and integrated resident services.

TypeDirect peer
Description

Self-Help Enterprises is a California nonprofit affordable housing developer serving rural Central Valley communities. Comparable to Century Housing as a mission-driven California affordable housing developer, with overlap on multifamily construction financing and resident services.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Century Housing

Affordable Housing Financecenturyhousing.org

Century Housing is a nonprofit California CDFI that finances, develops, and operates affordable and workforce housing, serving affordable housing developers, public housing authorities, and low-income residents through construction, permanent, and bridge lending plus integrated development and residential services.

What Century Housing does

Century Housing Corporation is a nonprofit Community Development Financial Institution (CDFI) headquartered in Culver City, California, founded in 1995 (per firmographics; the website references 30 years of housing). The organization finances, builds, and operates affordable and workforce housing across California, with affiliated nonprofit entities Century Villages at Cabrillo, Inc. (residential operations) and Century Affordable Development, Inc. (real estate development) extending its reach into long-term property management and co-development. Century Housing has financed 10,000+ affordable and workforce homes and houses thousands of residents in Century-operated properties.

Its core products are construction loans, permanent loans, and acquisition/bridge loans to affordable housing developers, plus targeted programs such as the Emerging Developers Program (supporting new and underrepresented developers) and the Inglewood Fund (a sub-market-focused financing initiative). The organization also provides integrated housing and community development services: real estate development, residential services, and community engagement, supported by the Century Community Fund philanthropic arm and a borrower portal for loan servicing. The technology stack is a CDFI lending and portfolio management platform with no disclosed AI/ML capabilities.

Revenue derives from three streams: loan interest and fees on its lending portfolio (the primary stream), development fees earned through Century Affordable Development, Inc., and rental/residential operations income through Century Villages at Cabrillo, Inc. and operated properties such as The Cove and Anchor Place. Pricing on financing products is not publicly disclosed; each transaction is negotiated deal-by-deal with developers and housing authority partners. The go-to-market is enterprise B2B, relationship-driven, focused on affordable housing developers and public housing authorities in California, with growing institutional exposure to broader West Coast affordable housing markets via co-investment in vehicles such as the BRIDGE Housing Impact Fund I.

Century Housing firmographics

Firmographics
Name
Century Housing
Legal name
Century Housing Corporation
Website
https://centuryhousing.org
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
51–100 employees
Short description
Century Housing is a nonprofit California CDFI that finances, develops, and operates affordable and workforce housing, serving affordable housing developers, public housing authorities, and low-income residents through construction, permanent, and bridge lending plus integrated development and residential services.
Ownership category
akta.pro rank

Century Housing industry classification

Industry
Product category
Affordable Housing Finance
NAICS
New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (2361)
SIC
Land Subdividers & Developers (No Cemeteries) (6552), Real Estate (6500)
akta.pro primary industry
Residential Affordable Housing Development & Construction (IMAFABAI)
akta.pro secondary industries
Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Public Housing & Social Housing Development/Modernization Programs (FSALAKAH)

Keywords

  • Affordable housing finance
  • Construction lending
  • Community development lending
  • CDFI loans
  • Acquisition bridge loans

Where Century Housing is headquartered

Location

Headquarters

HQ city
Culver City
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Century Housing business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Loan Interest and Fees: Century Housing generates revenue through interest income and fees on its portfolio of construction loans, permanent loans, and acquisition/bridge loans provided to affordable housing developers across California. Revenue is recurring as loans mature and new development projects are financed.
  2. Development Fees: Fees earned through affiliated entity Century Affordable Development, Inc. for real estate development services on affordable housing projects the organization co-develops or manages.
  3. Residential and Property Operations: Revenue from operating residential properties (e.g., The Cove, Century Villages at Cabrillo, Anchor Place), including rental income and resident services, through affiliated entity Century Villages at Cabrillo, Inc.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Century Housing product offering

Product offering

Core offering

Century Housing is a nonprofit Community Development Financial Institution (CDFI) that provides construction, permanent, and acquisition/bridge loans to affordable housing developers across California. It also directly develops, owns, and operates affordable and workforce housing properties and delivers resident and community engagement services through affiliated nonprofit entities. Financing, real estate development, and residential services are unified under one mission-driven platform focused on dignified housing for low-income individuals and families.

Product overview

Century Housing is a nonprofit Community Development Financial Institution (CDFI) that operates as a unified platform combining financing and housing development services for affordable housing across California. The core offerings include financing products for developers (Acquisition & Bridge Loans, Construction Loans, Permanent Loans), specialized programs (Emerging Developers Program, Inglewood Fund), and integrated housing development services (Real Estate Development, Residential Services, Community Engagement). The organization also operates the Century Community Fund as its philanthropic arm and maintains a Borrower Portal for account management. Affiliated entities include Century Villages at Cabrillo, Inc. and Century Affordable Development, Inc.

Differentiator

Problem solved

Functional benefit

Brands

  • Century Community Fund: Community fund initiative focused on affordable housing and community development.
  • Century Villages at Cabrillo
  • The Cove

Products and services

  • Acquisition & Bridge Loans Short-term financing for acquiring affordable housing properties or bridging capital needs during development transitions, provided to affordable housing developers in California.
  • Construction Loans Financing for new construction of affordable housing developments in California, supporting the building phase of residential projects for developers.
  • Permanent Loans Long-term financing for completed affordable housing properties, providing stable capital for operational phases of income-restricted developments.
  • Emerging Developers Program Specialized financing track supporting new and emerging developers, particularly those from underrepresented backgrounds, with tailored capital and guidance to enter affordable housing development.
  • Inglewood Fund Specialized financing fund focused on affordable housing development in Inglewood, California, part of the Inglewood Home Assist Fund initiative.
  • Real Estate Development Direct development of affordable housing properties, creating new residential communities for low-income individuals and families across California.
  • Residential Services Ongoing services for residents of affordable housing properties operated by Century, supporting stability and quality of life for tenants in income-restricted units.
  • Community Engagement Programs and initiatives that connect residents and under-resourced neighborhoods with resources, opportunities, and support networks to promote stability and economic growth.

Quantifiable outcome

  • 10,000+ affordable and workforce homes financed across California
  • +4 more outcomes

Companies that use Century Housing

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Century Housing technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Century Housing partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered flagship.

  • Richman GroupflagshipStrategic or Co-development Partner · 12 March 2026Richman Group is a joint venture partner in the One San Pedro Collaborative, alongside National CORE, Century Housing, and HACLA. The collaboration is redeveloping the WWII-era Rancho San Pedro public housing project near the Port of Los Angeles, tripling housing capacity from 478 to 1,553 units over 20 years. Richman Group brings real estate development expertise to the partnership.
  • National COREflagshipStrategic or Co-development Partner · 12 March 2026National CORE (National Community Renaissance) is a joint venture partner in the One San Pedro Collaborative, redeveloping the Rancho San Pedro public housing project. National CORE contributes affordable housing development and community development expertise to the partnership.
  • Housing Authority of the City of Los Angeles (HACLA)flagshipStrategic or Co-development Partner · 12 March 2026HACLA is a joint venture partner and public entity co-owner of the One San Pedro Collaborative redevelopment project. As the housing authority, HACLA provides regulatory oversight, public housing置换 commitments, and governmental coordination for the 1,553-unit redevelopment.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Century Housing competitors and assessment

Company assessment

Direct peers

  • National CORE: National CORE (National Community Renaissance) is a California-headquartered nonprofit affordable housing developer and direct co-development partner of Century Housing on the One San Pedro Collaborative. Highly comparable in target geography, project scale, and resident-services integration.
  • Abode Communities: Abode Communities is a Los Angeles-based nonprofit affordable housing developer and operator serving low-income and formerly homeless residents. Comparable to Century Housing in California geography, mission, and integrated development-plus-services model.
  • LISC (Local Initiatives Support Corporation): LISC is one of the largest national CDFIs, providing loans, equity, and capacity building to community developers. Directly comparable to Century Housing as a CDFI lender focused on affordable housing and community development, though operating nationally at much greater scale.
  • Mercy Housing: Mercy Housing is a leading national nonprofit affordable housing developer, owner, and operator. Comparable to Century Housing in combining development, ownership, and resident services across income-restricted multifamily housing.
  • BRIDGE Housing: BRIDGE Housing is a California-focused nonprofit affordable housing developer and fund manager — the most direct peer to Century Housing, with an overlapping mission to develop, own, and operate affordable rental housing in California and the broader West Coast.
  • A Community of Friends: A Community of Friends is a Los Angeles nonprofit developer of permanent supportive and affordable housing for low-income and special-needs residents. Comparable to Century Housing on affordable and supportive housing development, on-site services, and Los Angeles geography.
  • Enterprise Community Partners: Enterprise Community Partners is a national nonprofit CDFI that deploys debt and equity into affordable housing developers and community development projects. It is comparable to Century Housing as a CDFI lender and developer, though at materially larger national scale.
  • Hollywood Community Housing Corporation: Hollywood Community Housing Corporation is a Los Angeles-based nonprofit developing affordable rental housing for low-income and formerly homeless households. Closely comparable to Century Housing in California geography, target population, and integrated resident services.
  • Self-Help Enterprises: Self-Help Enterprises is a California nonprofit affordable housing developer serving rural Central Valley communities. Comparable to Century Housing as a mission-driven California affordable housing developer, with overlap on multifamily construction financing and resident services.

Broad incumbents

  • Related California: Related California is the West Coast arm of Related Companies, a large national real estate developer with a significant affordable and mixed-income housing portfolio. Comparable to Century Housing on affordable multifamily development in California, though at materially larger scale and with broader market-rate exposure.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Century Housing social profiles

Digital presence

Century Housing financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Century Housing leadership team

Management profile

Number of profiles

Profiles2 records

Century Housing subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Century Housing funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Century Housing M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Century Housing

What does Century Housing do?

Century Housing is a nonprofit Community Development Financial Institution (CDFI) that provides construction, permanent, and acquisition/bridge loans to affordable housing developers across California. It also directly develops, owns, and operates affordable and workforce housing properties and delivers resident and community engagement services through affiliated nonprofit entities. Financing, real estate development, and residential services are unified under one mission-driven platform focused on dignified housing for low-income individuals and families.

Is Century Housing a public or private company?

Century Housing is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Century Housing founded?

Century Housing was founded in 2013. It employs 51 to 100 people.

Where is Century Housing based?

Century Housing is headquartered in Culver City, United States, in the North America region.

How does Century Housing make money?

Three revenue lines are on record. Loan Interest and Fees are the primary driver. The others are development Fees and residential and Property Operations.

Who are Century Housing's main competitors?

Direct peers on record are National CORE, Abode Communities, LISC (Local Initiatives Support Corporation), Mercy Housing, BRIDGE Housing, A Community of Friends, Enterprise Community Partners, Hollywood Community Housing Corporation and Self-Help Enterprises. Related California is listed as a broad incumbent.

Does Century Housing have an API?

No public API is recorded for Century Housing.

What industry is Century Housing in?

Century Housing's product category is Affordable Housing Finance. Its primary akta.pro industry code is IMAFABAI, Residential Affordable Housing Development & Construction, with a secondary code of BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts). Its NAICS code is 236116 and its SIC code is 6552.

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Live signals
AInvestFitch affirms Century Housing's IDR at 'AA', short-term rating at 'F1+'; outlook stableFitch Ratings has affirmed Century Housing's issuer default rating at 'AA' with a stable outlook, while maintaining its short-term rating at 'F1+'. The ratings reflect the organization's strong credit profile, supported by its long-standing operational history and consistent performance in the housing sector. The stable outlook indicates that Fitch expects no significant changes to Century Housing's creditworthiness in the near term.LA Business JournalCentury Housing Taps New Chief ExecutiveCentury Housing Corp., a Culver City-based affordable housing developer and financier, appointed Jacqueline Waggoner as its new chief executive on March 23, 2026. Waggoner brings over 25 years of affordable housing experience, most recently serving as president of Enterprise Community Partners' solutions division where she managed over $1 billion in impact investments and grants. The company, which has invested more than $3.5 billion to create and preserve over 63,000 homes in California over three decades, is currently working on major projects including the West Los Angeles VA campus and Century Villages at Cabrillo.The Real DealPlan to triple units at San Pedro housing project gets LA City Council go-aheadThe Los Angeles City Council approved the redevelopment plan for the WWII-era Rancho San Pedro public housing project near the Port of Los Angeles, allowing the One San Pedro Collaborative to triple housing capacity from 478 to 1,553 units over 20 years. The project, led by a joint venture including Richman Group, National CORE, Century Housing, and the Housing Authority of the City of Los Angeles, will include 1,090 income-restricted affordable units, 130,000 square feet of commercial space, and over 5 acres of publicly accessible open space. Construction has already begun on 47 replacement housing units at 327 North Harbor Boulevard to accommodate displaced residents during the phased redevelopment.PR NewswireCentury Housing acquires CityView project for $66.5 M, Preserves 296 Affordable Homes for SeniorsCentury Housing Corporation announced the $66.5 million acquisition of CityView apartments, a 296-unit affordable senior housing community in Long Beach, California, preserving affordability for seniors earning at or below 60% of Area Median Income. The transaction was financed through a novel tax-exempt bond structure involving two coordinated 501(c)(3) bond sales totaling $69 million — a $48 million public offering underwritten by Wells Fargo and a $21 million private placement through U.S. Bank as placement agent, with Barclays also providing its balance sheet — each carrying an ESG opinion from Sustainalytics. The financing model, described as a capital markets-based prototype for affordable housing, is positioned as an innovative approach to inject capital into preserving affordable housing in California and beyond.PR NewswireCentury Housing Announces Bond Offering of up to $100 million to Fund Affordable Housing DevelopmentCentury Housing, a Community Development Financial Institution dedicated to affordable housing in California, announced it will issue up to $100 million in ESG municipal CUSIP bonds to fund affordable housing development throughout the state. The bond offering makes Century the first CDFI to come to market with a municipal bond CUSIP and the first to receive ratings from both Fitch and S&P (AA and AA-, respectively). Wells Fargo Securities will serve as sole-senior manager for the offering, which will provide early-stage financing including acquisition, bridge, and construction loans for developments.PR NewswireCentury Receives Community Impact Award For Homeless Housing Efforts At 49th Annual Architectural AwardsCentury Housing Corporation was honored with a Community Impact Award from the Los Angeles Business Council (LABC) at the 49th Annual Los Angeles Architectural Awards for its efforts addressing homelessness and housing affordability in Los Angeles County. The award recognized a collective of 23 nonprofit groups leading efforts to provide shelter to vulnerable residents in the region. Ronald Griffith, President & CEO of Century Housing, accepted the award and emphasized the company's mission to finance, develop, and operate exceptional affordable housing.PR NewswireCentury Earns National Recognition for Anchor Place, The Villages at Cabrillo in Long BeachCentury Housing received back-to-back national recognitions for Anchor Place, a 120-apartment supportive housing community serving low-income families and veterans who experienced homelessness in Long Beach, California. The American Institute of Architects presented Century with an AIA Department of HUD Secretary Award on June 7 in Las Vegas, and just days prior, the Affordable Housing Tax Coalition named Anchor Place a 2019 recipient of the Charles L. Edson Tax Credit Excellence Award. The development, which opened in fall 2017 as part of the 27-acre Villages at Cabrillo community, was financed through a public-private partnership involving the City of Long Beach, County of Los Angeles, State of California, the Federal Government, Wells Fargo, CCRC, and several foundations.PR NewswireCentury Named Top 25 Affordable Lender NationallyCulver City-based Century Housing Corporation was named among the Top 25 Affordable Lenders of 2017 by Affordable Housing Finance Magazine, recognizing its work in supporting affordable home development. The organization provided more than $145 million in financing in 2017, enabling approximately 3,361 new and preserved homes and 3,383 construction jobs throughout California. Leadership noted the recognition came amid broader uncertainty for the affordable housing industry following recent tax reform and reductions to housing programs.PR NewswireResident Incomes Rise At Long Beach Provider Of Affordable Housing, Outpacing L.A. County And U.S. RatesCentury Villages at Cabrillo released its 2017 Social Impact Report showing that average incomes for permanent residents rose 7.1 percent in 2016, significantly outpacing L.A. County's 3.8 percent and the nation's 3.9 percent rates. The nonprofit affordable housing provider in Long Beach, California reported that 99 percent of residents remained in permanent housing six months after moving in and collectively saved $3.7 million over fair-market rents, up more than $1.2 million from 2015. The organization served more than 2,000 individuals in fiscal 2016, including 980 U.S. veterans, and attributed gains to housing stability rates exceeding industry standards and new health and wellness initiatives.PR NewswireCentury Housing Named Top 25 Affordable Lender in 2016Century Housing Corporation was named among the nation's Top 25 affordable housing lenders in 2016 by Affordable Housing Finance magazine, marking the third consecutive year of this recognition. As the only Community Development Financial Institution (CDFI) lender on the list alongside major banks such as Citi, Wells Fargo, Bank of America, and JP Morgan Chase, Century Housing highlighted its focus on both Northern and Southern California markets where affordable housing demand is high. The broader industry data shows housing lenders financed a total of $27 billion in loans supporting affordable housing properties in 2016, representing an increase from $22.9 billion in 2015.