In The News

Pierce & Associates recently provided a $100,000 charitable donation to further the goals of Mercy Housing Lakefront’s ten-year Moving Forward Together campaign. With this new gift, Denis Pierce, Pierce & Associates, and the Pierce Family Foundation have contributed almost $1.4 million over three years to address the regional housing and foreclosure crisis. The economy is

Mercy Housing announced today the appointment of Sharon Saxelby as Senior Vice President and Chief Philanthropy Officer. Saxelby’s appointment culminates an extensive national search to establish a new structure for the organization’s philanthropic efforts. She will report to Mercy Housing Chief Executive Officer Sister Lillian Murphy, RSM, and be based out of the national Mercy

Preservation of Affordable Housing (POAH) and Mercy Loan Fund (MLF) have partnered to preserve Central Annex / Union Court Apartments, a 101-unit affordable housing development for the elderly and those with special needs in Pittsfield, Massachusetts. A $2.4 million loan from MLF will allow POAH to maintain the physical asset of the property and ensure

Mercy Housing’s sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. “In the current economic environment, it’s important our donors trust that we’re using our funding wisely to accomplish our mission of providing program-enriched affordable housing for families and individuals,”

by Eva Wingren, Mercy Housing Policy Associate From the proposed short-funding of Project Based Section 8 to the fiscal cliff, it’s been a scary year for affordable housing. There were some 11th hour victories, such as the extension of the New Markets Tax Credit and the 9% fixed rate for the Housing Credit. However, I

Although the markets are beginning to recover, the economic crash devastated families and neighborhoods throughout the region.  For those who were most affected, recovery remains difficult.  Thanks to many philanthropic and project partners, however, there is hope.  In the first three years of the Moving Forward Together campaign, Mercy Housing has built or preserved 1,583

In November, residents of Wilmington’s New Dana Strand celebrated the successful transformation of the community with key partners, the Los Angeles Police Department (LAPD) and Mercy Housing California (MHC). MHC received an award of $20,000 from the Local Initiatives Support Corporation (LISC) and MetLife Foundation Community-Police Partnership for the revitalization of New Dana Strand. The

Thanks to many philanthropic and project partners, Mercy Housing Lakefront and Mercy Portfolio Services built or preserved 1,583 affordable homes, sustained 3,564 jobs, and helped 3,891 people to live in hope over the past three years. With your continuing help, we will ultimately fulfill the ten-year goals of the Moving Forward Together campaign to build

CHICAGO — With almost $1 million in philanthropic support over the past twelve months, 180° Properties expands property preservation services throughout the Lake Michigan region, including Gary, Chicago, and Milwaukee. With this expansion, 180° Properties has now created 49 jobs and has completed 24,982 work orders to protect and maintain 5,970 homes throughout the region. The

Community Matters Newsletter – Fall 2012 Thanks to a $1,159,055 loan from Mercy Loan Fund (MLF) to ROC USA® Capital (ROC USA), 384 low-income residents at Champion Mobile Home Park in Elbridge, New York will continue to have quality, affordable housing. Champion consists of 170 mobile homes owned by seniors and working families, the majority