In The News

With the help of many partners, 4,000 jobs have been sustained through the Moving Forward Together campaign. Over the past three years, you have helped build 2,163 homes, sustain 4,186 jobs and enable 4,666 people to live in hope in the Chicago and Milwaukee regions. However, the work continues. To address the regional housing crisis,

Mercy Housing Lakefront has recently acquired 128 units of affordable housing through the purchase of the 2000 Illinois Apartments complex in Aurora, Ill. The transaction was made possible through Mercy Housing’s participation in The Housing Partnership Equity Trust (HPET), a newly-created nonprofit real estate investment trust, or REIT. HPET funds enabled Mercy Housing Lakefront to

Source: Wall Street Journal An apartment complex in suburban Chicago was saved from the clutches of gentrification by a private real-estate investment trust formed to buy and protect affordable housing. The property, serving a working-class section of Aurora, Ill., was acquired for $5.2 million by a Chicago unit of Denver-based Mercy Housing Inc. in a

Community Matters Newsletter Summer/Fall 2013 Each day more than 15 million school-age children across the U.S. come home to an empty house. Among them, more than one million are in grades K-5. Research shows that high-quality afterschool programs can lead to improved attendance, behavior and coursework. In fact, students who participate in afterschool programs attend school regularly, exhibit better behavior, receive better grades and score higher

U.S. Bank donated more than 1,000 school supplies to children who reside in Mercy Housing Lakefront properties earlier this spring. The donation helped hundreds of children prepare for a successful second-half of the school year. “We recognize that these students are inspired to succeed, and we want to ensure that they had the correct tools

Thanks to many partners, 3,500 Mercy Housing Lakefront residents live in hope.  Your support makes it possible for them to achieve their goals and dreams. Through your generosity, families like the Jones family have been able to reach their full potential. Schiolynn Jones, a mother of four, turned to Mercy Housing Lakefront after a divorce

This winter, Mercy Housing residents were able to celebrate the holiday season thanks to a large group of corporate volunteers. In the beginning of December, Bank of America volunteers kicked off the holiday season with a dinner hosted at the historic Harold Washington Apartments. Volunteers not only served a hearty holiday meal, but also spent

Mercy Housing Lakefront and Mercy Portfolio Services are working closely with the leaders of the Veteran’s Administration and other partners to preserve or create 1,000 housing opportunities for veterans over the next ten years.

Thanks to a $400,000 grant from The Home Depot Foundation, Mercy Housing Lakefront will renovate 108 units of affordable housing for veterans and their families in Chicago.

Pierce & Associates recently provided a $100,000 charitable donation to further the goals of Mercy Housing Lakefront’s ten-year Moving Forward Together campaign. With this new gift, Denis Pierce, Pierce & Associates, and the Pierce Family Foundation have contributed almost $1.4 million over three years to address the regional housing and foreclosure crisis. The economy is