In The News
Residents Go Red!
Residents and staff at our New Tacoma Senior Housing took part in the American Hearth Association’s national Wear Red Day earlier this month. Health conditions, such as cardiovascular disease claim the lives of thousands of Americans every year, and so our staff took it into our own hands to educate our seniors about the importance
Read MoreCorporate Volunteers help Mercy...
This winter, Mercy Housing residents were able to celebrate the holiday season thanks to a large group of corporate volunteers. In the beginning of December, Bank of America volunteers kicked off the holiday season with a dinner hosted at the historic Harold Washington Apartments. Volunteers not only served a hearty holiday meal, but also spent
Read MoreMercy Housing Lakefront announces...
Mercy Housing Lakefront and Mercy Portfolio Services are working closely with the leaders of the Veteran’s Administration and other partners to preserve or create 1,000 housing opportunities for veterans over the next ten years.
Read MoreThe Home Depot Foundation Awards...
Thanks to a $400,000 grant from The Home Depot Foundation, Mercy Housing Lakefront will renovate 108 units of affordable housing for veterans and their families in Chicago.
Read MoreMercy Housing Lakefront receives...
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
Read MoreMercy Housing appoints Sharon...
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
Read MoreMercy Loan Fund and POAH partner...
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
Read MoreMercy Housing Inc. earns coveted...
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,”
Read MoreTop 5 wins for affordable housing...
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
Read MoreU.S. Bank finances affordable...
U.S. Bank, Mercy Housing California, and New Directions have closed on a financing package that paves the way for El Monte Veterans Housing, a $12.8 million affordable housing development aimed at supporting returning veterans in Los Angeles County who might otherwise be homeless. Construction starts this month with completion expected in March 2014. El Monte
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