Filed under Press Releases

Mercy Loan Fund Rating Increased to AA+

Mercy Loan Fund Rating Increased to AA+

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 … Continue reading

California Governor signs historic housing package

California Governor signs historic housing package

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 … Continue reading

Seniors get to stay in homes at Forest Dale Apartments in Dallas, Texas

Seniors get to stay in homes at Forest Dale Apartments in Dallas, Texas

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 … Continue reading

Mercy Loan Fund Receives $776,500 Grant from CDFI Fund

Mercy Loan Fund Receives $776,500 Grant from CDFI Fund

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 … Continue reading

New Partnership Helps Mercy Housing Residents Save Money

New Partnership Helps Mercy Housing Residents Save Money

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 … Continue reading

Mercy Housing Makes Affordable Housing Green Through Energy and Water Efficiency Upgrades

Mercy Housing Makes Affordable Housing Green Through Energy and Water Efficiency Upgrades

FOR IMMEDIATE RELEASE Contact: Amelia Laing Content Manager 303-830-3432 alaing@mercyhousing.org San Francisco, CA—Mercy Housing, the largest affordable housing nonprofit in the country, announced today that it has upgraded six of its California properties with efficiency measures that will reduce the amount of energy and water consumed in the buildings. The upgrades were supported by Mercy … Continue reading

New 70-Unit Affordable Housing Development in Kankakee Slated for December Opening; Unique Partnership Between Mercy Housing Lakefront and Presence Health Will Feature an On-Site Health and Wellness Clinic Serving Residents and the Community

New 70-Unit Affordable Housing Development in Kankakee Slated for December Opening; Unique Partnership Between Mercy Housing Lakefront and Presence Health Will Feature an On-Site Health and Wellness Clinic Serving Residents and the Community

FOR IMMEDIATE RELEASE Contact: David Pickard (708) 434-5006 david@wilksgrp.com CHICAGO, IL (August 28, 2017) – Mercy Housing Lakefront announced today that it will begin accepting applications on September 5, 2017 for River Station Senior Apartments, a 70-unit affordable housing development in Kankakee designed for low-to-moderate-income seniors. Part of a broad community revitalization strategy in a … Continue reading