Century Village, Florida

Century Housing Expands The Century Villages at Cabrillo with The Cove, 90 New Supportive Apartment Homes for Veterans and Families in Long Beach

Retrieved on: 
Wednesday, August 17, 2022
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CULVER CITY, Calif., Aug. 17, 2022 /PRNewswire/ -- Century Housing (Century) celebrated the groundbreaking of The Cove, an all-new permanent supportive housing (PSH) development and newest addition to The Century Villages at Cabrillo (CVC), a 27-acre affordable and service-enriched community in Long Beach. The expansion will provide 60 affordable homes for Veterans experiencing homeless and 29 affordable homes for low income Veterans for a total of 90 homes, together with supportive services available to all Veteran residents.

Key Points: 
  • Long Beach Mayor Robert Garcia and Councilmember Roberto Uranga joined developer Century Affordable Development, Inc. (CADI) to celebrate the positive impact The Cove will have for Long Beach Veterans.
  • "This development reflects the City's commitment to building quality, affordable housing in Long Beach," said Mayor Robert Garcia.
  • "We are incredibly grateful to Century Housing and all of our partners for their investment in safe, secure housing and critical services for our Veterans."
  • Century is incredibly proud to bring these beautiful homes to Veterans in need," said Brian D'Andrea, Senior Vice President of Century Housing.

The Home Depot Foundation Invests to Build and Improve More than 800 Housing Units for Veterans Facing Homelessness

Retrieved on: 
Tuesday, June 7, 2022
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ATLANTA, June 7, 2022 /PRNewswire/ -- With more than 37,000 veterans estimated to be experiencing homelessness, The Home Depot Foundation has granted an additional $8 million to nonprofit partners as part of its overall commitment of half of a billion dollars to veteran causes. Individuals who have served in the U.S. military continue to be overrepresented in the homeless adult population, based on estimates from the U.S. Department of Housing and Urban Development.

Key Points: 
  • The Home Depot Foundation has been actively working to combat the crisis for the past decade.
  • These latest grants will fund construction and renovation of more than 800 housing units, short-term residential programs, supportive services and other programs aimed at bringing an end to veteran homelessness.
  • "While the factors leading to the issue are complex, the mission is clear: together, we must end veteran homelessness.
  • The Home Depot Foundation works to improve the homes and lives of U.S. veterans, support communities impacted by natural disasters and train skilled tradespeople to fill the labor gap.

New York Life’s Impact Investment Initiative Commits $50 Million in Long-Term Capital to Century Housing Corporation

Retrieved on: 
Tuesday, January 18, 2022
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Century has invested more than $2.3 billion in the affordable housing sector since inception, supporting more than 50,000 affordable housing units over 26 years.

Key Points: 
  • Century has invested more than $2.3 billion in the affordable housing sector since inception, supporting more than 50,000 affordable housing units over 26 years.
  • At Century, we see homes as the cornerstone of a thriving and just society, said Alan Hoffman, chief financial officer at Century Housing Corporation.
  • This is the latest investment by New York Lifes $1 billion impact investment initiative announced in April 2021.
  • New York Lifes impact investment initiative will continue to partner with CDFIs like Century, diverse asset managers, and other mission-driven organizations to positively impact the affordable housing sector and beyond, explained Martin King, managing director and head of impact investments at New York Life.