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Century Housing Municipal Bond Awarded Sustainability Bond of the Year

Century Housing Municipal Bond Awarded Sustainability Bond of the Year
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Century Housing Launches Note Program To Fund Affordable Housing

Century Housing Launches Note Program To Fund Affordable Housing
Investors are offered an investment-grade opportunity to support Century s efforts to address social inequalities associated with housing shortages worsened by the COVID pandemic
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CULVER CITY, Calif., Feb. 1, 2021 /PRNewswire/ Century Housing, a nonprofit Community Development Financial Institution (CDFI) dedicated to creating quality affordable housing throughout California, today announced the launch of an offering of up to $50 million of Century Sustainable Impact Notes (Notes), giving retail and institutional investors the opportunity to support Century s efforts to address social inequalities associated with housing shortages worsened by the COVID pandemic, while promoting sustainable development. The Notes have received an investment-grade rating from Fitch and S&P and are available in denominations as small as $1,000. ....

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Union Fund Finances First San Francisco Project of $1 Billion Initiative and Aids Local Economy

Union Fund Finances First San Francisco Project of $1 Billion Initiative and Aids Local Economy
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SAN FRANCISCO, Dec. 15, 2020 /PRNewswire/ The AFL-CIO Housing Investment Trust (HIT) today announced the first project under its $1 billion Bay Area Investment Initiative for jobs and affordable housing launched earlier this fall. Officials said the company will provide $19.1 million to help finance the new construction of 96 efficiency apartments for extremely low-income and homeless residents, in San Francisco s South of Market neighborhood.
53 Colton will be 96 new, affordable apartments in San Francisco’s South of Market neighborhood that will serve extremely low-income and formerly homeless residents. The multifamily development is the first financed under the $1 billion, multi-year Bay Area Investment Initiative of the AFL-CIO Housing Investment Trust (HIT). Working with public and private sector, a ....

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