In The News

Funding helps local affordable housing developers preserve affordable housing DENVER — Mercy Loan Fund, a subsidiary of Mercy Housing Inc., announced today that it has received a $1,500,000 financial assistance award from the United States Treasury’s Community Development Financial Institutions (CDFI) Fund. The funds will help MLF provide approximately $8 million of leveraged financing to

Thursday, August 21, 2014, by Bianca Barragan Article with photos, here. Reblogged from la.curbed.com. Yes, you’re seeing that right: that is a Fatburger worked into this Streamline Moderne-inspired development from affordable housing provider Mercy Housing California. But it’s not just any Fatburger—it’s the very first one, still sitting on the same spot in Jefferson Park

In June, Mercy Loan Fund’s Board of Directors and staff gathered in Denver for their annual strategic planning session.  While the annual meeting is an important event for both Board and staff, this year it was made even more special with a visit from Sister Lillian Murphy and Jane Graf.  Sister Lillian is retiring after

(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

Contacts: Margret Graham, Wash. State Housing Finance Commission: (206) 454-9058 Diane Gasaway, Northwest Co-op Development Center: (360) 943-4241 Michael Sloss, ROC USA® Capital: (603) 724-8370 Julie Gould, President, Mercy Loan Fund: (202) 495-740 Paul Bradley, President, ROC USA, LLC: (603) 856-0709 Darcy Donahoe-Wilmot, JPMorgan Chase & Co.: (206) 500-2828 MOSES LAKE, Wash. – Homeowners in

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

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

Dear Colleagues, Partners and Friends of Mercy Housing Lakefront, Every day we work together toward our shared vision; creating stable, vibrant and healthy communities and alleviating poverty for the people who live in the homes we have created. I’m thankful for the dedication of our colleagues and staff and their hard work throughout the year

Chicago Westside Father Keeps His Eyes on the Prize Thanks to donors like you, Rodney Davis has piece of mind.  Rodney knows that his children are in a safe learning environment when they are at Mercy Housing’s After School Program. Rodney is a truck driver with an entrepreneurial spirit.  He is working on creating a

Monday’s Event will showcase El Monte Veterans Village, a development that houses 40 previously homeless veterans