In The News
2021 Highlights for Mercy Housing...
As we welcome in 2022 together and say goodbye to a year both heartbreaking and hopeful, I want to take a minute to thank you for all your support in 2021, and to show you how much you helped us to achieve. Thanks to you, the year ahead holds so much promise. To help
Read MoreLeverage 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 MoreMercy Housing Lakefront President...
CHICAGO, IL (January 15, 2018) – Mercy Housing Lakefront announced today that Mark Angelini, the organization’s President, has been appointed to the Community Investment Advisory Council (CIAC) of the Federal Home Loan Bank of Chicago (FHLBC) for a three-year term ending December 31, 2020. The CIAC consists of representatives from community and nonprofit organizations actively
Read MoreTake action with Mercy Housing...
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
Read MoreResident Spotlight: Vanessa...
After eight months of searching for an apartment, Vanessa received a phone call from Mercy Housing’s Decatur Place Apartments in Denver.
Read MoreResident Spotlight: Kurt Rogers...
Mercy Housing Lakefront welcomed Kurt Rogers to the Board of Directors. Rogers is a passionate proponent for affordable housing and has been a resident at Mercy Housing Lakefront’s Carlton Apartments since 1997.
Read MoreMercy Services Corporation, Mercy Housing’s property management subsidiary, is among the National Affordable Housing Management Association’s 2009 Affordable 100 — a list of the 100 largest affordable multifamily property management companies. NAHMA compiles the list based on affordable unit counts. The company must receive one of five federal subsidies to be included. Mercy Services Corporation
Read MoreMercy Housing Lakefront receives...
As the recession deepens, homelessness and housing instability are rising throughout the region. This one-year grant from the Searle Funds at The Chicago Community Trust will help Mercy Housing Lakefront develop and implement an aggressive plan to build or preserve 5,000 affordable homes and apartments throughout the region. Learn more at http://pitch.pe/13130.
Read MoreIntercommunity Mercy Housing...
More low-income seniors in Tacoma, Wash., will have a safe, affordable home, thanks to an $8.2 million grant to Intercommunity Mercy Housing from the U.S. Department of Housing and Urban Development (HUD). The grant is part of more than $650 million that the department announced would go toward helping thousands of very low-income senior
Read MoreMercy Housing Lakefront ‘breaks...
The property is part of the Englewood neighborhood’s revitalization and the City of Chicago’s 10-Year Plan to End Homelessness
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