In The News
Mercy Loan Fund helps new owner...
(McMINNVILLE, TN) — Residents at the McMinnville Arms Apartments will be getting a welcome refresh of their homes soon, thanks to new owner Chesapeake Community Advisors (CCA). Built in 1969, McMinnville provides affordable housing to 100 families, with rents that are fixed at 30% of their incomes. In addition to a $185,000 investment in immediate
Read MoreBetter Housing Coalition Expands...
Move expands on long term partnerships (RICHMOND, VA) — Building on over a decade of partnership, Better Housing Coalition’s expansion of single family home construction for low income homeowners will be financed by Mercy Loan Fund (MLF). With this new funding, more than 35 individuals and families making 80% of the Area Median Income ($60,500
Read MoreAffordable Housing Gets a New...
Mercy Loan Fund provides final piece of financing for preservation project (ADRIAN, MI) — Adrian Village Apartments have provided 114 low income families with a safe, decent, affordable place to call home since 1987. The owner, Lutheran Social Services of Michigan (LSSM), recently completed an extensive renovation of the property, thanks to funding from the
Read MoreColorado Companies Lend Support...
Business and community leaders joined forces this morning in supporting Mercy Housing, Inc., a national non-profit based in Denver that builds and manages affordable housing in Colorado and nationwide. Lockton Companies was the title sponsor for Mercy Housing’s annual Live in Hope breakfast at the Hyatt Regency Denver at the Colorado Convention Center. In addition,
Read MoreSister Lillian Murphy's Saint...
A few weeks ago Mercy Housing’s CEO Sister Lillian Murphy, RSM was honored at the graduation ceremony for Saint Xavier University in Chicago, Illinois. At the ceremony, she was asked to give the baccalaureate address. Here is the full speech that she shared with the graduating seniors. Cardinal George, Sisters of Mercy, President Wiseman, faculty
Read MoreMercy Loan Fund supports President Obama’s “My Brother’s Keeper” initiative to assist youth in underserved communities
Read MoreMilwaukee Mother Moves Forward...
Thanks to donors like you, Kathy has hope. Kathy wants other women to know her story, so they can learn that negative experiences can be overcome. She was pregnant, alone, in an abusive relationship, and very scared. She had lost her apartment, moved from house to house and – six weeks pregnant – she found
Read MoreIn celebration of National Catholic...
My partners in Hope, This week marked the first-ever National Catholic Sisters Week. The week-long celebration is a key initiative in a new plan to raise awareness about the many profound contributions by Women Religious in the fields of social justice, women’s leadership, health care, education and, of course, housing, just to name a few.
Read MoreMercy Housing California celebrates...
El Monte Veterans Village opens – first housing development for homeless Veterans in the San Gabriel Valley
Read MoreCommunity Matters: Policy Corner...
Follow BCP’s Housing Commission at www.bipartisanpolicy.org/housing
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