Century Housing Among AHF's Top Affordable Housing Lenders

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Mar 05, 2015, 01:39 ET

CULVER CITY, Calif., March 5, 2015 /PRNewswire-USNewswire/ -- Century Housing was named among the Top 25 Affordable Housing Lenders in Affordable Housing Finance (AHF) Magazine's 2014 list. Century financed several types of affordable housing and community investment projects, for a total of $118.9 million invested in 2014 throughout the State of California.

Century is the only Community Development Financial Institution (CDFI) named on the list (a CDFI is a financial institution which provides credit and financial services to underserved markets and populations). Century has provided more than $950 million in financing for over 25,000 new affordable homes and apartments.

"We have flexible products and a dedicated team that can deliver financing quickly and reliably, exactly when developers need it. This award reflects our ability to provide for the specific needs of our clients, and by extension, to provide affordable housing for working families throughout California," said Ronald Griffith, CEO and President of Century Housing.

About Century Housing

Century is a leading Community Development Financial Institution (CDFI), delivering innovative financial products quickly and reliably to support the development of critical housing projects throughout California. Our lending activity, combined with expert service and support for our developer clients, has resulted in the development and preservation of over 25,000 of affordable homes and apartments in underserved communities throughout the state.

- http://www.centuryhousing.org/about/

Click here to find the Top 25 Top Affordable Housing Lenders 2014 article
http://www.housingfinance.com/lenders/ahf-announces-top-25-affordable-housing-lenders-of-2014_o.aspx?dfpzone=news

SOURCE Century Housing