In The News

Contact:  Kate Peterson / 303.830.3443 KPeterson@mercyhousing.org DENVER, CO – Mercy Community Capital is excited to announce Stefanie Joy as the new President of the national Community Development Financial Institution. Joy will replace Jason Battista who resigned last month to become a development partner with St. Charles Town Company. Joy brings decades of multifamily housing finance

On behalf of Mercy Community Capital’s Board of Directors, it is with mixed emotions that I share that Jason Battista will be leaving Mercy Community Capital this June. We are very grateful for his service and dedication to Mercy Housing’s mission over the years, and wish him the best of luck in his new role.

Mercy Community Capital (MCC) is grateful for a stellar and impactful 2022 fiscal year. MCC’s talented staff, thoughtful board of directors, and engaged committees worked diligently — and achieved excellent results — for the common good in 2022. 2022 MCC Highlights include: Impact: Our financing activities created and/or preserved 4,060 units of affordable housing and served

2021 was truly a breakout year on all fronts for Mercy Community Capital (MCC). With the continued economic uncertainty from COVID-19, MCC was able to attain excellent business and financial results that showcase our sustainability; however, we are more excited about how these results translated into real impact. We believe we are called to contribute

PRESS RELEASE For Immediate Release:  April 19, 2020 DENVER—Mercy Community Capital (MCC) was selected to receive the highly sought-after Capital Magnet Fund (CMF) award in 2016, 2018, and most recently in 2020 to fund affordable housing communities. This public-private partnership will allow MCC to leverage capital at both the investment- and project-level by at least

On December 27, Congress passed $900 billion in COVID-19 pandemic relief and $1.4 trillion in government funding through 2021. This included a big win for the low-income housing tax credit (LIHTC). What’s LIHTC? It’s the lifeblood of affordable housing — pronounced ‘lie-tech.’  Created in 1986 by the Reagan Administration, LIHTC is a vital funding source

PRESS RELEASE For Immediate Release:  September 9, 2020 Contact:  Kate Peterson | 303.830.3443 |  kpeterson@mercyhousing.org With a $685K predevelopment loan, Mercy Community Capital will finance Villa Pacifica, affordable homes for families in Mayaguez. SAN JUAN, PUERTO RICO—Torrado Development (Torrado) will help develop 43 single-family homes for participants in the ‘Community Development Block Grant—Disaster Recovery’ program

PRESS RELEASE For Immediate Release:  September 10, 2020 Contact:  Kate Peterson | 303.830.3443 |  kpeterson@mercyhousing.org Mercy Community Capital reached this milestone translating into 10x leverage factor over their more than three-decades-long history. DENVER—This landmark accomplishment comes at a prolific time in U.S. affordable housing history. As one of the nation’s most trusted and established CDFIs,

PRESS RELEASE For Immediate Release:  January 9, 2020 Contact:    Kate Peterson | 303.830.3443 | kpeterson@mercyhousing.org Mercy Community Capital is a leading Community Development Financial Institution (CDFI), and they’ve changed their name, but the mission remains—to work nationally with socially responsible affordable housing and community developers, providing innovative financing arrangements for creditworthy projects where conventional financing

Mercy Loan Fund has changed its name to  Mercy Community Capital (MCC) Why the Name Change? The name change reflects Mercy Community Capital’s (MCC) expanding business activities and the larger focus of providing catalytic capital where dollars make affordable housing deals possible. The name is being updated in concert with our new 2020-2024 Business Plan