Century Housing Corporation
Century Housing Corporation
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About this organization
Mission
Century Housing Corporation is a mission-driven Community Development Financial Institution (CDFI) supporting quality affordable home development throughout California. Century provides innovative end-to-end financing from acquisition to permanent loans and serves as a reliable partner to state and local agencies, municipalities and other CDFIs in pioneering aggressive financing programs like GSAF or LACHIF. Beyond its lending activities, Century strives to break the cycle of homelessness with initiatives in affordable housing development and operations.
About
Affordable rental housing property expenses: Century Housing owns and manages housing units for the benefit of low-to-moderate income households. Rental rates are based on income. Lending expenses: Century provides lending products for acquisition and rehabilitation, new construction and permanent financing of affordable housing throughout the state of California, but primarily in Southern California.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Century housing invests in homes for low income individuals and families, including veterans and the homeless so they may have a dignified living environment and achieve economic independence.”.
When referring to its tasks, they were described as: “Century housing invests in homes for low income individuals and families, including veterans and the homeless so they may have a dignified living environment and achieve economic independence.”.
- The non-profit is operating legally in the state of CA.
- The non-profit's address for the year 2020 is listed as 1000 CORPORATE POINTE NO 200, CULVER CITY, CA, 90230 in the filing.
- The form submitted by the non-profit organization for 2020 reports 90 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $17,041,205.
- The organization has 9 independent voting members.
- The organization was formed in 1995.
- The organization pays $5,673,849 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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