In The News

Two of the nation’s leading Community Development Financial Institutions – Mercy Loan Fund (MLF) and Enterprise Community Loan Fund (Loan Fund) – have partnered to ensure that 466 homes at the Compton Groves Apartments will remain affordable for low-income and working families living in the Cincinnati suburb of Mt. Healthy, Ohio.

FOR IMMEDIATE RELEASE: 6/9/2016 Contact: Amelia Laing Content Manager alaing@mercyhousing.org 303-830-3432 Denver, CO—Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., announced that it has reached a historic milestone: $2 billion leveraged in development costs. Since its establishment in 1983, Mercy Loan Fund has closed 490 loans totaling $289

FOR IMMEDIATE RELEASE: 5/6/2016 Contact: Amelia Laing Content Manager alaing@mercyhousing.org 303-830-3432 Denver, CO—As part of its efforts to create healthy communities, affordable housing nonprofit Mercy Housing, Inc. has instituted a nonsmoking policy at many of the properties it owns and manages nationwide. The organization aims to have the majority of its portfolio smoke-free by 2020.

In celebration of Earth Day, affordable housing nonprofit Mercy Housing announced the roll out of its environmental sustainability program, Green Hope.

Media Contact: KATE PETERSON                      KPeterson@mercyhousing.org Office  | 303.830.3443               Mobile  | 303.885.1210 ANNE BALLENTINE                   Anne.Ballentine@wfhc.org Office  | 414.465.3605                Mobile  | 414.331.5345 April 4, 2016, Denver, CO—Mercy Housing, Inc. announced today that it has begun the transfer of 3,666 affordable homes from Franciscan Ministries, Inc. The transfer of the

Mercy Loan Fund recently partnered with Mercy Housing California to preserve rare affordable homes for families at Casa San Juan, a community in Oxnard, Calif. Casa San Juan provides affordable housing to people like Elizabeth, who left an abusive relationship after 11 years and found it hard to find a home she could afford for herself and her four children. “When I heard that my application had been accepted, I was so very, very happy. It was one of my happiest days in many years…Without Casa San Juan, I don’t know where I would be. I might be dead. I might be homeless.”

Mercy Housing Northwest, one of the region’s largest not-for-profit affordable housing providers, hosted a celebration event at noon on Thursday to mark the start of construction of Mercy Othello Plaza. Bill Rumpf, Regional President, was the Master of Ceremony. Seattle Mayor Ed Murray, King County Executive Dow Constantine, Sound Transit CEO Peter Rogoff and community leaders joined Mercy Housing staff in the celebration.

“Partnerships such as ours with Community Housing Capital benefit communities that are struggling to find safe, affordable housing in such a tight housing market,” said Jason Battista, President of Mercy Loan Fund. “We’re excited to be part of such an ambitious community-building endeavor.”

FOR IMMEDIATE RELEASE: 2/5/2016 Contact: Amelia Laing Content Manager alaing@mercyhousing.org 303-830-3432 Moscow, Idaho— Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI), announced that it has partnered with its parent organization, Mercy Housing, Inc. (MHI), one of the nation’s largest developers of and managers of affordable housing, to preserve 55 affordable homes at Hawthorne

“We’re excited to work with strong partners such as Abode Communities and Mercy Loan Fund on the new Dana Strand IV, which will help to spur the larger redevelopment of the Wilmington community in Los Angeles,” said Cecile Chalifour, Director of the California Region at the Low Income Investment Fund. “