In The News

by Jason Battista We couldn’t be more different. I am white; he is the son of Bangladeshi immigrants. I grew up in an upper-middle class household; he grew up in poverty. I attended the very best schools in the state; he attended schools on the verge of being closed for low performance. I was raised

Impact Gap Financing Will Help Drive Investment to Naturally Occurring Affordable Housing   Today, Mercy Housing and CommonBond Communities announced their demonstration of a new financing execution with Freddie Mac that encourages the preservation of unsubsidized affordable housing, known as naturally occurring affordable housing (NOAH). This new “Impact Gap Financing” execution, offered by Freddie Mac,

Dear Chairwoman Mikulski, Vice Chair Shelby, Chairwoman Murray, Ranking Member Collins, Chairman Rogers, Ranking Member Lowey, Chairman Latham, and Ranking Member Pastor, Mercy Housing is writing to encourage Congress to pass a full Fiscal Year (FY) FY 2015 THUD Appropriations bill.  Mercy Housing is concerned about the repeated cuts housing and community development programs have

By Eva Wingren, Mercy Housing’s Policy Associate To address the big political issues facing our country and their effect on the affordable housing gap, Mercy Housing decided to hold its first Advocacy Day in Washington, DC, with members of the Board of Trustees and senior leadership team. Julie and I, being the boots on the

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

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 Housing supports the following three Housing and Community Development provisions of the Baucus Tax Extenders Bill (S. 3793) and urges Congress to pass this important, home creating and job saving bill in the 2010 Lame Duck Session.  We ask you to take action with us.  Reach out to your Senators and stress the importance