In The News

On June 4th, 220 government, foundation, financial, real estate, and community leaders participated in Mercy Housing’s fifth annual community development “think tank” at the University Club of Chicago.  The event highlighted emerging opportunities and engaged participants in small group discussions to create practical solutions to address the foreclosure crisis, create affordable housing, and provide services

3,800 miles – that is the distance the Mercy Riders have pledged to bike in an effort to raise awareness and funds for Mercy Housing. The group is slated to begin their nearly 7-week ride across America this Friday, June 14th in San Francisco. The Mercy Riders include eight individuals – six riders and two

This summer, Mercy Housing Lakefront’s residents and staff will challenge each other to get healthy through the 2nd Annual Feel Better Challenge. The 8-week health and wellness challenge will kick off on June 17th.  Participants will assess their health, set goals, and work to accomplish their goals through a variety of nutrition and physical health

Source: Sacramento Business Journal Rancho Cordova city officials think a new assisted housing project for disabled homeless veterans near Mather Airport could be months away from breaking ground, after the city council approved a pair of needed entitlements for the Mather Veterans Village this week. Reed Flory, housing services administrator for the city of Rancho

Mercy Housing California is accelerating its efforts to improve the standard of living of low-to-moderate income affordable housing residents by creating new financial models for the funding of additional services. With a $160,000 grant from the Citi Foundation, Mercy Housing California (MHC) will work to advance new development models that will allow money saved through

Scott Henry always knew he wanted to be a developer and first became interested in the affordable housing industry while getting his architect degree from Illinois Institute of Technology in Chicago. But before starting his dream career, Scott had some setbacks along the way and he attributes Mercy Portfolio Services as helping him get back

With the help of many partners, 4,000 jobs have been sustained through the Moving Forward Together campaign. Over the past three years, you have helped build 2,163 homes, sustain 4,186 jobs and enable 4,666 people to live in hope in the Chicago and Milwaukee regions. However, the work continues. To address the regional housing crisis,

Mercy Housing Lakefront has recently acquired 128 units of affordable housing through the purchase of the 2000 Illinois Apartments complex in Aurora, Ill. The transaction was made possible through Mercy Housing’s participation in The Housing Partnership Equity Trust (HPET), a newly-created nonprofit real estate investment trust, or REIT. HPET funds enabled Mercy Housing Lakefront to

It’s time we ended homelessness in America and ensured the lowest income people have access to the decent, affordable housing all of us need. Mercy Housing is a proud partner of the United for Homes campaign to fund the National Housing Trust Fund with revenue from modifications to the mortgage interest deduction. United for Homes is

Source: Wall Street Journal An apartment complex in suburban Chicago was saved from the clutches of gentrification by a private real-estate investment trust formed to buy and protect affordable housing. The property, serving a working-class section of Aurora, Ill., was acquired for $5.2 million by a Chicago unit of Denver-based Mercy Housing Inc. in a