Century Housing

About Century Housing

Century Housing is committed to creating affordable housing. As a network of nonprofit affiliates, we finance, develop, and manage exceptional affordable housing communities across California. From our start in 1995, Century Housing Corporation has grown into a leading Community Development Financial Institution providing end-to-end financing for affordable and workforce housing. We have invested more than $2.8 billion in communities throughout California, creating more than 58,000 affordable and workforce homes. Century also serves as a skilled partner with developers, government agencies, and other CDFIs in pioneering innovative financing programs. We also develop and manage affordable and supportive housing through affiliates such as Century Affordable Development, Inc., Century Oasis Residential Services, and Century Villages at Cabrillo, our award-winning, 27-acre supportive housing community with more than 1,500 residents in Long Beach. We are a principal developer with our partners on master-planned communities including the West LA VA North campus and Rancho San Pedro. Century was born from one of the largest public works projects in U.S. history. In 1972, planning began on the Century (105) Freeway, a major thoroughfare that would connect the Los Angeles Airport to the city of Norwalk. Residents affected by the proposed freeway fought the construction and filed litigation seeking to temporarily halt construction. In 1979, a solution was reached: the creation of the Century Freeway Housing Program. This state agency was tasked with creating nearly 4,000 units of affordable housing for those displaced by the freeway's construction along with providing minority and female employment opportunities. Having successfully exceeded its initial housing development goal, the agency was privatized and renamed as Century Housing Corporation. Century remains the only known California state program converted into a private, nonprofit organization.