In The News

Impact Gap Financing Will Help Drive Investment to Naturally Occurring Affordable Housing   Today, Mercy Housing and CommonBond Communities announced their demonstration of a new financing execution with Freddie Mac that encourages the preservation of unsubsidized affordable housing, known as naturally occurring affordable housing (NOAH). This new “Impact Gap Financing” execution, offered by Freddie Mac,

Earlier this fall, MHNW welcomed residents to the newly opened Eleanor Apartments in Bellingham, Washington. Eighty senior residents have a new place to call home! Some were formerly homeless, making a home in their cars and even in the woods. Today, these seniors have a warm and safe place where they are able to build community.

On October 13, nearly 600 supporters joined us for an inspiring morning at the Power of Home Breakfast! We are excited to report that this year’s event was the most successful one to date, generating a whopping $280,000 (and counting)! The money raised — 22% more than last year — will fund program services and continue our work

During a live morning press conference held on Wednesday, April 26th at Mercy Othello Plaza Apartments, an exciting public-private partnership was revealed between the City of Seattle, philanthropist Paul G. Allen and Mercy Housing Northwest (MHNW). MHNW is thrilled to announce that we will be developing a housing and family service center to serve homeless families with children in the

FOR IMMEDIATE RELEASE: Contact: Kate Peterson Director, Marketing & Communications kpeterson@mercyhousing.org 303-830-3443 Denver, CO—Aeris has upgraded Mercy Loan Fund (MLF) from AA to AA+ on the standard Wall Street scale, putting MLF in the top 15% of rated Community Development Financial Institutions (CDFI).  MLF’s rating has increased three levels in the past two years. Aeris

Over the past few months, Howard Natinsky and Cynthia Oldham, co-owners of Fat Cat, have raised $2,000 for Mercy Housing Lakefront! Fat Cat, a restaurant and bar in Chicago’s Uptown neighborhood, raised the money by setting aside a portion of sales from a signature drink. The money will be used to support an art therapy

Today, Mercy Housing California is honored to celebrate with our partners and legislative leaders a hard-fought victory for the future of affordable housing and healthy communities. Signing into law a package of 15 bills, Governor Jerry Brown gave the final approval to tackle the state’s affordability crisis through a two-pronged approach: streamlining the lengthy and

FOR IMMEDIATE RELEASE Contact: Kate Peterson National Director of Marketing and Communications 303-830-3443 kpeterson@mercyhousing.org Dallas, Texas—Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a $7.0 million loan to Chesapeake Community Advisors (CCA) and Trinity Village Non Profit Housing Corp. (Trinity) for the acquisition of Forest Dale

FOR IMMEDIATE RELEASE September 25, 2017 Contact: Kate Peterson kpeterson@mercyhousing.org Denver, CO–Mercy Loan Fund (MLF), a subsidiary of Mercy Housing and a leading Community Development Financial Institution (CDFI), announced today that it has received a CDFI/CORE Financial Assistance (FA) program award of $776,500 from the United States Treasury’s CDFI Fund. Mercy Loan Fund will use

Today, San Francisco-based nonprofit EARN, the nation’s leading microsavings provider, announced the launch of a transformative partnership designed to increase financial stability and emergency savings of families living across the United States. EARN is partnering with seven major U.S. housing organizations to promote saving in nine states across the country. With a combined reach of