In The News

Our nation’s economy continues to flounder, forcing more and more Americans to abandon, or at least to postpone, their dreams of home ownership. But as the number of renters rises, so do rental costs. The National Housing Conference states that a person should spend no more that 30% of his or her gross income on

Mercy Housing joined the ranks of some of the best affordable housing developers and owners in the United States, when it made Affordable Housing Finance Magazine’s lists of Top 50 Affordable Housing Developers and Top 50 Affordable Housing Owners in 2011. Affordable Housing Finance published the list in its April/May 2012 issue. Mercy Housing was

U.S. Secretary of Housing and Urban Development (HUD) Shaun Donovan today visited Chicago and toured the historic Pullman Wheelworks, a newly purchased 210-unit affordable housing building on Chicago’s south side. Mercy Housing Lakefront and National Housing Trust/Enterprise Preservation Corporation (NHT/E) hosted the tour to highlight the latest preservation strategies they are employing together to address

Guest Post by Maya Brennan, Center for Housing Policy Surveys consistently have found that more than 90 percent of older adults want to stay in their own home as they age.  Now think about where you live. Is it set up to meet the needs of a 65-year-old? What about an 85-year-old?  As the population

Mercy Housing Northwest – Idaho received a grant from the Lightfoot Foundation to fund Resident Services programs and the search for a new affordable multifamily site in Boise. The Lightfoot Foundation is a long-time supporter of Mercy Housing Northwest-Idaho and we are delighted to partner with them again in 2012!

Mercy Housing Lakefront will now be able to continue their work of creating and preserving affordable housing opportunities in areas outside of Chicago – particularly in Kane and Kankakee Counties—thanks to a $125,000 grant from Grand Victoria Foundation. “We are honored to receive this generous award from Grand Victoria Foundation” said Cindy Holler, Mercy Housing

Bonnie Betz has spent her entire life in Tornado Alley; the infamous stretch in the southern plains of the central U.S. where violent tornados are all too common. Her numerous stories about the close encounters she has had with these powerful storms over the years have earned Bonnie the nickname “Tornado Lady” amongst her friends

Mercy Housing California is extremely pleased to announce renewed and increased support thanks to a $150,000 grant from Wells Fargo. The grant was awarded as part of Wells Fargo’s Welcome Home program. The funding will support Mercy Housing California’s new affordable projects in development in 2012. “We are honored to receive this generous award from

Mercy Housing Lakefront opened the Wentworth Commons Apartments in June 2005 and soon became home to 24 single adults and 27 families, including 85 children who were formerly homeless or at great risk of becoming homeless. The Wentworth became more than a home to the Voss Family. It enabled them to live in hope of a

Today, Mercy Housing Lakefront announced that it has been selected to participate in the Housing Partnership Network’s (HPN) Innovations in Neighborhood Stabilization and Foreclosure Prevention Initiative, an effort to expand innovative solutions to neighborhood stabilization challenges in 10 metropolitan areas across the country. The initiative is part of a $2.75 million commitment by the Citi Foundation to bolster