In The News
$100 Million Initiative to Preserve...
SAN FRANCISCO – The Low Income Investment Fund (LIIF), National Affordable Housing Trust (NAHT), Calvert Impact Capital and Mercy Loan Fund (MLF) have partnered to provide capital for the second phase of the $100 million Fund to Preserve Affordable Communities (FPAC) aimed at protecting affordable housing for low-income families across the nation. The partnership will
Read MoreMore Affordable Housing Coming...
Mercy Loan Fund provided a land acquisition loan to Community Access for Baez Place Apartments, where 163 units of affordable homes will serve people who have experienced homelessness and those living with serious mental illness. NEW YORK—Mercy Loan Fund (MLF), a national Community Development Financial Institution (CDFI), is working with Community Access (CA) to help
Read MoreMercy Community Capital Receives...
Denver, CO—Mercy Community Capital (fka Mercy Loan Fund) (MCC), a subsidiary of Mercy Housing and a leading Community Development Financial Institution (CDFI), announced today that it has received a CDFI Financial Assistance (FA) program award of $799,000 from the United States Treasury’s CDFI Fund. MCC is one of 284 CDFIs to receive a part of
Read MoreLive in Hope Phoenix
Thank you to all our Mercy Housing friends and supporters who joined us at Live in Hope in Phoenix! On November 6, we hosted a Live in Hope luncheon at the beautiful Sonntag Pavilion at St. Joseph’s Hospital in Phoenix, Arizona. The event focused on raising much-needed funds and visibility for the crucial wrap-around supportive
Read MoreHappy 10th Anniversary Aromor!...
Maggie once lived in a custom-built home while enjoying the good life in the Colorado foothills. Due to a series of unforeseen circumstances, however, she found herself on the brink of being homeless. Mercy Housing was able to offer her a stable, affordable home in the historic Aromor Apartments. Ten years later, both Maggie and
Read MoreExpanding south to Vancouver,...
Mercy Housing Northwest (MHNW) is launching a new partnership with PeaceHealth and expanding our reach down south with a brand new project in Vancouver, WA. Communities are in dire need of affordable housing, with a third of low-wage working households spending more than half of their incomes on housing costs. We will create 70 affordable
Read MoreFinding Firm Financial Ground...
Inspired by her own grade school teacher, who pushed her to achieve her potential, Lottie had a long career as an educator. However, twelve years ago, Lottie was between jobs and looking for a safe, affordable home. “My prayer was, ‘God, help me to find something, somewhere that I feel comfortable and safe.’” Lottie was
Read MoreMercy Housing Southeast Receives...
CONTACT: Kate Peterson | 303.830.3443 | kpeterson@mercyhousing.org Jennifer Robinson |Bon Secours| 864-241-5138 | Jennifer_Robinson2@bshsi.org ATLANTA – Mercy Housing Southeast announces the award of Low-Income Tax Credits (LIHTC) for a 46-unit affordable housing community in Mauldin, SC. Championed by Bon Secours St. Francis Health System and with generous financial support for SC Housing and the Greenville
Read MoreVeteran’s Day—Homes Serving...
Norman enlisted in the Marines as soon as he finished high school. “I would have signed up sooner, but they wouldn’t take me any younger than that,” he says proudly. It was 1956 when he enlisted. He enjoyed serving his country and was stationed in the Middle East and Lebanon. In 1959 he reentered into
Read MoreParadise Lost, Then Found
“The embers were falling… I looked outside and it was just black, it was so dark… and then I looked across the road and the fire was already hitting the houses right across the street from me”—Brent, a former resident of Paradise, CA recalls the morning of November 8, 2018 when he woke to flames
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