In The News

As Congress grapples with the future of healthcare, politicians, advocates, and others would do well to take a page from a recent report published by Mercy Housing and the Low Income Investment Fund (LIIF), titled “Innovative Models In Health and Housing.” The report, prepared for the Kresge Foundation and the California Endowment, profiles nine case

By Doug Shoemaker of Mercy Housing & Kimberly Latimer-Nelligan of the Low Income Investment Fund Social determinants – such as economic stability, the physical environment and social support systems – play a larger role in determining a person’s health outcomes than his or her genes or biology. This has led to both healthcare organizations and community

Mercy Housing, a national nonprofit affordable housing developer and service provider, has embarked on a mission to create affordable senior housing despite the lack of capital funding for such projects. To accomplish their mission, they have turned to a novel private capital finance structure. By using this uncommon funding approach, as part of their Senior Health and Housing Initiative, they hope to acquire existing buildings and convert them into affordable, service-enriched housing in a fraction of the time it typically takes to complete such projects.

“We’re excited to work with strong partners such as Abode Communities and Mercy Loan Fund on the new Dana Strand IV, which will help to spur the larger redevelopment of the Wilmington community in Los Angeles,” said Cecile Chalifour, Director of the California Region at the Low Income Investment Fund. “