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With rental prices on the rise, local organizations partnered to renovate and improve St. Mary Tower, an amenity-rich affordable housing community for seniors. LONG BEACH, CA — Mercy Housing California (MHC) is pleased to announce the successful completion of large-scale renovations and upgrades to St. Mary Tower, a 13-story complex of 146 affordable apartments for
Read MoreEPIC's National Real Estate Forum...
For the fourth consecutive year, EPIC invests in Mercy Housing as their charity of choice The National Real Estate Practice of EPIC Insurance Brokers and Consultants announced the contribution of over $40,000 to the Chamblee Senior Residences to enhance the community kitchen and offer healthy cooking demonstration classes for residents. In addition, the contribution will
Read MoreSenior Residences at Mercy Park...
Development Recognized by Affordable Housing Tax Credit Coalition with Honorable Mention at 24th Annual Charles L. Edson Tax Credit Excellence Awards in Washington, D.C. CHAMBLEE, Ga. – Senior Residences at Mercy Park, a 79-apartment affordable senior housing community just outside of Atlanta, received honorable mention in the Senior Housing category at the 24th annual Charles
Read MoreMercy Housing Southeast awarded...
ATLANTA – To help further its mission in Atlanta, Mercy Housing Southeast has received a $75,000 grant from the Community Foundation for Greater Atlanta. The grant is from its general operating support grantmaking program. This highly competitive grantmaking program will provide unrestricted funding to be used to advance and expand Mercy Housing’s mission to create
Read MoreRapid-Response Financing Now...
FOR IMMEDIATE RELEASE: Contact: John Keaten 212.784.5701 jkeaten@groupgordon.com WASHINGTON – Affordable housing providers and community facilities can now apply for rapid-response financing. The Fund for Rapid Recovery and Rebuilding helps organizations focus on communities that need support to continue their missions. Three Community Development Financial Institutions (CDFIs): Enterprise Community Loan Fund (Enterprise), Mercy Loan Fund
Read MoreDee Walsh Joins Mercy Housing...
DENVER—Mercy Housing, Inc. (MHI), one of the nation’s largest affordable housing nonprofits, is pleased to announce the hiring of Dee Walsh as the Executive Vice President, Chief Officer of Strategic Development. This is a new executive position charged with overseeing the work of the Mercy Loan Fund and MHI’s four regional offices. Walsh’s experience of
Read MoreMercy Housing and NAHT Close on...
Columbus, OH. Friday, January 12, 2018. With a focus on leveraging housing as a platform to ensure access to social services opportunities for low-income families, National Affordable Housing Trust (NAHT) is proud to announce the closing of Holly Park. NAHT closed on the property in partnership with Goldman Sachs Bank and Mercy Housing. Equity financing
Read MoreLargest Local Real Estate Firm...
During the season of giving, Your Castle Real Estate is proud to announce their new “Home for the Holidays” fund to benefit Denverites with barriers to housing. Your Castle founder Lon Welsh and president Charles Roberts are kicking off the fund with a $15,000 donation to Mercy Housing, a local nonprofit that provides affordable housing
Read MoreMercy Housing and Common Bond...
Impact Gap Financing Will Help Drive Investment to Naturally Occurring Affordable Housing Today, Mercy Housing and CommonBond Communities announced their demonstration of a new financing execution with Freddie Mac that encourages the preservation of unsubsidized affordable housing, known as naturally occurring affordable housing (NOAH). This new “Impact Gap Financing” execution, offered by Freddie Mac,
Read MoreMercy Loan Fund Rating Increased...
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
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Kate Peterson
Marketing & Communications
(303)-830-3443
kpeterson@mercyhousing.org