In The News
Leverage Milestone Reached...
Mercy Community Capital (MCC) (FKA Mercy Loan Fund) has reached an historic milestone: $3 billion leveraged in development costs on affordable housing properties financed. Historically over the past 34 years, every dollar lent by MCC helped to create or preserve $9 of affordable housing. Over the past several years, MCC has purposely increased its participation lending
Read MoreAffordable Housing Finance -...
For 10 years, Affordable Housing Finance has honored Mercy Housing on their Top 50 Affordable Housing Owners. This year, the AHF 50 owners hold an impressive 7,127 developments that provide 672,007 affordable homes for families, seniors, veterans, and people with special needs from coast to coast. Read the complete list here>
Read MoreMercy Othello Plaza: A Landmark...
Last July, everyone at Mercy Housing Northwest (MHNW) celebrated the grand opening of Mercy Othello Plaza — our newest family community of 108 affordable homes and MHNW’s headquarters office in Southeast Seattle.
Read MoreMercy Housing and Common Bond...
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,
Read MoreMercy Housing named one of Affordable Housing Finance’s Top Affordable Housing Developers and Owners
Read MoreAffordable Housing Finance honors...
On October 28, 2009, Affordable Housing Finance magazine, the leading business-to-business publication in the affordable housing industry, held its annual Readers’ Choice Awards and Hall of Fame Luncheon at the Palmer House in downtown Chicago at the conclusion of AHF Live: The Affordable Housing Developers’ Summit. The luncheon, sponsored by Bank of America/Merrill Lynch, honored
Read MoreMercy Housing Colorado's Erixon...
Jennifer Erixon, President of Mercy Housing Colorado, was named one of Affordable Housing Finance Magazine’s 2009 Young Leaders. The magazine will profile Jennifer and the 11 other Young Leaders in their September 2009 issue. Jennifer is responsible for leading Mercy Housing Colorado’s operations, including the oversight of affordable housing development, fundraising and resident services.
Read MoreMercy Housing featured on the...
Mercy Housing made the cover of the May 2009 issue of Affordable Housing Finance! Not only were we ranked #5 of the Top 50 Affordable Housing Owners and #23 of the Top 50 Affordable Housing Developers; Sister Lillian Murphy, RSM, Mercy Housing CEO, and Mercy Housing were featured in several articles, including Donna Kimura’s “Keeping
Read MoreMercy Housing In the News
Mercy Housing featured in February issues of Affordable Housing Finance and Multifamily Executive.
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