activities · 11
what they do
direct service · 11
- Develops and operates permanent supportive housing communitiesOwns and operates large-scale supportive housing properties such as Century Villages at Cabrillo in Long Beach, a 27-acre site housing over 1,500 residents, and has delivered new developments like Red Tail Crossing in Westchester, which provides 102 affordable homes.
- Finances the creation and preservation of affordable homes across California Acquisition and Rehabilitation of Affordable HousingHas invested over $3.5 billion to create or preserve more than 63,000 affordable and workforce housing units across California through long-term financing initiatives, including a $75 million program focused on preventing displacement in Inglewood.
- Finances the creation and preservation of affordable homes across California Acquisition and Rehabilitation of Affordable HousingHas invested over $3.5 billion to create or preserve more than 63,000 affordable and workforce housing units across California through various financing mechanisms, including permanent financing for specific developments such as Foon Lok East in Oakland, which provides 125 affordable rental units for low- and extremely low-income families and unhoused individuals.
- Initiating Affordable Housing Projects to Prevent Displacement Acquisition and Rehabilitation of Affordable HousingLaunched a $75 million initiative to create and preserve affordable housing in Inglewood to prevent the displacement of low-income residents.
- Launches targeted initiatives to prevent displacement in vulnerable communities Acquisition and Rehabilitation of Affordable HousingLaunched a $75 million initiative focused on creating and preserving affordable housing in Inglewood, CA, specifically aimed at preventing the displacement of low-income residents.
- Operates supportive housing communities for low-income and vulnerable populationsDirectly operates Century Villages at Cabrillo, a 27-acre supportive housing community in Long Beach housing over 1,500 residents, and provides housing to over 3,800 people across its managed properties, including developments like Red Tail Crossing in Westchester, which delivers 102 affordable homes.
- Operating Supportive Housing Communities Permanent and Transitional Housing SupportOperates Century Villages at Cabrillo, a 27-acre supportive housing community in Long Beach with over 1,500 residents, and provides housing to over 3,800 people in Century-operated properties, including Red Tail Crossing in Westchester.
- Provides construction, acquisition, and bridge financing for affordable housing development Acquisition and Rehabilitation of Affordable HousingOffers construction loans, acquisition loans for land or property purchase, and bridge loans for predevelopment expenses to support the creation and preservation of multifamily affordable and workforce housing. Loan amounts typically range from $1 million to $50 million, with acquisition and bridge loans usually closed within 30 to 45 days of application.
- Provides construction, acquisition, and bridge financing for affordable housing development Acquisition and Rehabilitation of Affordable HousingOffers construction loans, acquisition loans for land or property purchases, and bridge loans for predevelopment expenses to support the creation and preservation of multifamily affordable and workforce housing. Loan amounts typically range from $1 million to $50 million, with acquisition and bridge loans usually closed within 30 to 45 days of application.
- Providing Acquisition and Bridge Loans for Housing Development Acquisition and Rehabilitation of Affordable HousingOffers acquisition loans to enable developers to purchase land or existing properties and bridge loans to support predevelopment expenses, with loans ranging from $1,000,000 to $50,000,000, typically closing within 30 to 45 days.
- Providing Construction Loans for Affordable Housing Acquisition and Rehabilitation of Affordable HousingProvides construction loans ranging from $1,000,000 to $50,000,000 to support the development of multifamily affordable and workforce housing across California, contributing to over 63,000 affordable homes.
strategies · 19
how they think
Theories of action extracted from this org's own source material. Click any to see the full field of orgs running the same approach.
- Affordability Mandate affordability_requirementThe organization requires that all financed developments maintain affordability for households earning up to 120% of the area median income, ensuring that its efforts directly address the need for accessible housing.
- Collaborative Partnerships for Impact collective_impact_partnershipsThe organization fosters collaborative partnerships with developers, government agencies, service providers, private investors, and public entities to pioneer innovative financing programs and advance affordable housing initiatives, aiming for collective impact.
- Comprehensive financing solutions for affordable housing developers end-to-end_financingOffers end-to-end financing—including early-stage acquisition and bridge loans, construction financing, and long-term permanent financing with forward commitments up to three years—at competitive rates to support developers across the full project lifecycle.
- End-to-End Affordable Housing Development and Financing end-to-end_affordable_housingUses a vertically integrated model—through nonprofit affiliates and internal capacity—to finance, develop, and manage affordable housing, ensuring long-term affordability and resident stability through coordinated development and operational control.
- End-to-end affordable housing development and financing end-to-end_affordable_housingUses a vertically integrated model—through financing, development, and property management via nonprofit affiliates—to increase the supply of affordable housing, ensuring long-term affordability and resident stability.
- Equity-Focused Lending and Community Development equity-focused_lendingThe organization employs an equity-focused lending strategy, including a special purpose credit program, to support minority- and women-owned affordable housing developers. This approach is part of a broader commitment to equitable housing development with a triple bottom line (financial, social, environmental) and aims to create inclusive, safe, and sustainable communities connected to economic opportunities.
- Flexible and Progressive Financing for Affordable Housing end-to-end_financingThe organization provides comprehensive and flexible financing solutions tailored to affordable housing developers, including early-stage acquisition and bridge loans, competitive rates, and high loan-to-value options. Loan funds are often released based on construction progress, and permanent financing includes forward commitments to ensure long-term stability.
- Innovative and Collaborative Financing Partnerships innovative_financingAdvances affordable housing by co-creating innovative financing solutions through partnerships with developers, government agencies, private investors, and service providers, leveraging collective impact to scale development capacity.
- Innovative financing collaboration innovative_financingPioneers new financing models by partnering with developers, government agencies, and other CDFIs to expand funding options and scalability for affordable housing projects.
- Integrated Affordable Housing Development and Financing integrated_affordable_housing_developmentThe organization acts as a nonprofit Community Development Financial Institution (CDFI) to finance, develop, and manage affordable housing communities across California. This end-to-end approach, often through a network of affiliates, aims to increase the supply of affordable and workforce housing and support residents' dignity, health, and economic independence.
- Long-Term Affordability and Permanent Financing affordability_to_120_amiEnsures long-term affordability by requiring developments to serve households earning up to 120% of AMI and by offering permanent financing with forward commitments up to three years, securing affordability and financial stability over time.
- Long-term affordability and inclusive community development affordability_to_120_amiEnsures long-term affordability by requiring that housing remains accessible to households earning up to 120% of area median income and fosters inclusive, safe, and sustainable communities that connect under-resourced neighborhoods to economic opportunities.
- Progress-Based and Flexible Construction Financing progress_based_fundingDisburses construction loan funds based on achieved milestones and offers high loan-to-value, flexible leverage financing—including up to 100% LTV—to reduce barriers for developers and support early-stage and long-term project viability.
- Progress-based and flexible construction financing progress_based_fundingDisburses construction loan funds based on achieved milestones and offers high loan-to-value, flexible leverage financing—up to 100% LTV—tailored to project specifics and developer capacity to reduce barriers to development.
- Resident Support Services resident_support_servicesThe organization provides resident engagement and support services within its affordable housing communities to foster stability and create pathways to self-sufficiency for residents.
- Resident-Centered Community Development community-centered_developmentBuilds inclusive, sustainable communities that promote resident dignity, health, and economic independence by integrating supportive services and resident engagement into housing management.
- Resident-centered support and community partnerships collective_impact_partnershipsEnhances resident stability and self-sufficiency through supportive services and engagement, while advancing housing solutions via collective impact partnerships with service providers, public agencies, and private investors.
- Triple Bottom Line CDFI Lending with Equity Focus triple_bottom_lineAs a nonprofit CDFI, provides affordable housing financing with a triple bottom line approach—balancing financial sustainability, social equity, and environmental stewardship—while prioritizing equity through special-purpose credit programs for minority- and women-owned developers.
- Triple bottom line CDFI lending with equity focus triple_bottom_lineAs a nonprofit CDFI, provides affordable housing financing with a triple bottom line approach—balancing financial sustainability, social equity, and environmental stewardship—while prioritizing support for minority- and women-owned developers through a special purpose credit program.
named programs · 6
what they call their work
Acquisition Loans
Financing for vacant land or existing assets, with access to public-sector programs like GSAF and LACHIF
Bridge Loans
Short-term financing with no prepayment penalties, designed for immediate development needs
Construction Loans
Financing with reliable draw servicing to minimize carrying costs during construction
Emerging Developers Program
Special purpose credit program targeting minority- and women-owned developers of affordable housing
Inglewood Home Assist Fund
$75 million initiative to prevent displacement of low-income residents in Inglewood through affordable housing creation and preservation
Permanent Loans
Long-term financing up to 18 years, structured to support LIHTC deals and provide rate security
relationships · 12
who they work with
- Century Affordable Development, Inc. Partner — Independent nonprofit entity affiliated with Century Housing Corporation.
- Century Affordable Development, Inc. Partner — Nonprofit affiliate involved in developing and managing affordable housing.
- Century Oasis Residential Services Partner — Nonprofit affiliate providing residential services for affordable housing communities.
- Century Villages at Cabrillo Partner — Nonprofit affiliate operating a supportive housing community in Long Beach.
- Century Villages at Cabrillo, Inc. Partner — Independent nonprofit entity affiliated with Century Housing Corporation.
- Downs Pham & Kuei LLP Partner — Collaborated with Century Housing and Lument on the California Developer Roundtable 2026
- Golden State Acquisition Fund Partner — Collaborates with the Golden State Acquisition Fund as a special funding source to support higher leverage lending.
- Golden State Acquisition Fund Partner — Partnership to originate loans leveraging public-sector financing for affordable housing projects.
- Los Angeles County Housing Innovation Fund Partner — Partnership to originate loans through a county-level affordable housing financing program.
- Los Angeles New Generation Fund Partner — Partnership to originate loans for affordable housing development in Los Angeles.
- Lument Partner — Collaborated with Century Housing and Downs Pham & Kuei LLP on the California Developer Roundtable 2026
- MidPen Housing Corporation Partner — Received permanent financing from Century Housing Corporation for the Foon Lok East development in Oakland, CA.