In The News

Our Public Policy and Advocacy Team has been hard at work trying to continue support for key Community Development Financial Institution programs. Julie Gould, Mercy Loan Fund President and Senior Vice President of Public Policy Advocacy, recently signed on to the following letters: “Restart the Clock” on the CDFI Bond Guarantee Program Delays in implementation

Mercy Loan Fund President Julie Gould signed on to the following letter supporting key CDFI programs: Delays in implementation have cost the CDFI industry two, and possibly three, years of the id=”mce_marker” billion per year available through the CDFI Bond Guarantee Program created in 2010. Join Opportunity Finance Network in urging Treasury Secretary Tim Geithner

Mercy Loan Fund President Julie Gould signed on to the following letter supporting key CDFI programs: The New Markets Tax Credit expired at the end of 2011. Without Congressional action, distressed markets across America and the institutions that invest private capital in them will be deprived of this critical resource. LETTER TO CONGRESS ON NMTC:

SAN FRANCISCO — A multi-year effort to revitalize public housing in San Francisco’s Visitacion Valley community has taken a major step forward. The Sunnydale HOPE SF Project developed in partnership with Mercy Housing California (MHC) and The Related Companies of California (Related California) has been selected by the U.S. Department of Housing and Urban Development

In 2002 Melvin Bailey started the Community Male Empowerment Project (CMEP) as a way to put ex-offenders and at-risk youth to work. “I pull up on the corner and talk to anybody,” said Bailey. Recently he has been rehabbing houses as part of Chicago’s Neighborhood Stabilization Program and recruiting local residents to do the work.

Mercy Loan Fund, a subsidiary of Mercy Housing Inc., announced today that it has received a $1.45 million financial assistance award from the United States Treasury’s Community Development Financial Institutions (CDFI) Fund.  The funds will provide financing to affordable housing projects in low-income and distressed communities. Mercy Loan Fund was one of 99 organizations selected

Mercy Loan Fund, a subsidiary of Mercy Housing Inc., and a joint venture between Forrest General Hospital and Southern Bone and Joint Specialists announced today that nearly two years after receiving a $20 Million allocation of New Market Tax Credit to build a new Orthopedic Institute, the facility is set to be ready for patients

Mercy Housing is only one of many groups trying to influence Congressional opinions, so it’s not often that we can point to someone increasing their support for housing and community development programs and say “that was definitely us.” As always, this example comes to you courtesy of the hard work in the community that you

Mercy Housing Idaho’s property, Independence Hill, provides exactly that – a key to independence for the people who live there. Independence Hill in Moscow, Idaho, serves 17 residents with special needs. The property opened in 2006 and was the idea of a former Mercy Housing Idaho board member who saw the need for building an

Over the next four decades as the nation’s baby boomers age, more than 48 million people are projected to be added to the ranks of the 65 and older population. What’s even more staggering, the 85 and older population is expected to more than triple from 5.8 million in 2010 to 19 million in 2050 according to the Center for Housing Policy.