In The News

Source: The Sacramento Bee Trying to find affordable rental housing in the Sacramento region is a bit like playing the lottery: Fifty thousand prospective tenants recently vied for one of 3,000 slots on a Sacramento County waiting list for subsidized housing. Families are waiting two years for an apartment in an affordable housing complex in

Two Mercy Housing properties – Harold Washington Apartments in Chicago and Savannah Gardens in Georgia – are finalists for Affordable Housing Finance magazine’s Eighth Annual Readers’ Choice Awards. Subscribers to the magazine can vote for either property online at www.housingfinance.com through August 15. Mercy Housing Lakefront’s Harold Washington Apartments preserves 69 units of affordable housing for formerly

Our nation’s economy continues to flounder, forcing more and more Americans to abandon, or at least to postpone, their dreams of home ownership. But as the number of renters rises, so do rental costs. The National Housing Conference states that a person should spend no more that 30% of his or her gross income on

Mercy Housing joined the ranks of some of the best affordable housing developers and owners in the United States, when it made Affordable Housing Finance Magazine’s lists of Top 50 Affordable Housing Developers and Top 50 Affordable Housing Owners in 2011. Affordable Housing Finance published the list in its April/May 2012 issue. Mercy Housing was

Guest Post by Maya Brennan, Center for Housing Policy Surveys consistently have found that more than 90 percent of older adults want to stay in their own home as they age.  Now think about where you live. Is it set up to meet the needs of a 65-year-old? What about an 85-year-old?  As the population

Mercy Housing Northwest – Idaho received a grant from the Lightfoot Foundation to fund Resident Services programs and the search for a new affordable multifamily site in Boise. The Lightfoot Foundation is a long-time supporter of Mercy Housing Northwest-Idaho and we are delighted to partner with them again in 2012!

Bonnie Betz has spent her entire life in Tornado Alley; the infamous stretch in the southern plains of the central U.S. where violent tornados are all too common. Her numerous stories about the close encounters she has had with these powerful storms over the years have earned Bonnie the nickname “Tornado Lady” amongst her friends

Mercy Housing Northwest – Idaho received a grant from the Home Federal Foundation to support the Neighborhood Stabilization Program in the City of Nampa. Pictured: Mercy Housing Northwest – Idaho Direct of Housing, Robert Reed, receiving the check from Belinda Sargent from Home Federal Bank.

Just before the New Year, the California Supreme Court upheld legislation which eliminates all of the redevelopment agencies in the state on February 1, 2012. Until the ruling, redevelopment agencies have been required to spend 20% of their revenue on the creation and preservation of affordable homes for low and moderate income households. These agencies provided nearly $1 billion per year for affordable housing-money that has been critical to Mercy’s work in nearly every community that we serve.

Source: Affordable Housing Finance Catholic Health Partners (CHP) has transferred 616 affordable homes to Mercy Housing Southeast’s property portfolio. The transaction was completed Dec. 31. Learn more…