Tagged with Mercy Housing

Affordable Housing Internship

Affordable Housing Internship

Non-Profit Housing Association of Northern California, a Mercy Housing partner, is recruiting for a one-year, paid internship program designed to recruit and train students at Bay Area colleges and universities to become housing development professionals. This internship aims to provide a launching pad for college students from low-income, communities of color backgrounds into a career in … Continue reading

Love and Respect

Love and Respect

  It’s Valentine’s Day, a day dedicated to love and respect — core Mercy Housing values. Improving lives with affordable housing supports individuals’ ability to meet their full potential. Introducing new affordable housing properties into the community can be taboo. Not in My Backyard (NIMBYism– negative attitudes and feelings toward changes in the community in … Continue reading

Mercy Housing and NAHT Close on $14.3M of Equity to Benefit Rehabilitation of Holly Park Apartments

Columbus, OH. Friday, January 12, 2018. With a focus on leveraging housing as a platform to ensure access to social services opportunities for low-income families, National Affordable Housing Trust (NAHT) is proud to announce the closing of Holly Park.  NAHT closed on the property in partnership with Goldman Sachs Bank and Mercy Housing. Equity financing … Continue reading

Mercy Housing Lakefront President Mark Angelini Appointed to Federal Home Loan Bank of Chicago’s Community Investment Advisory Council

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 … Continue reading

Thank You for Volunteering

Thank You for Volunteering

We would like to extend a heartfelt thank you to everyone who volunteered with Mercy Housing Lakefront in 2017.  By sharing your time, talent, and resources with us, you truly enriched the lives of our residents. Listed below are the names of individuals, groups, faith communities, and companies who volunteered in 2017, along with community … Continue reading

Holiday Spirit with Mercy Housing California

Holiday Spirit with Mercy Housing California

Raunaq Singh was desperate. It was almost midnight and the toy store would be closing soon; this was his only chance to get what Kevin wished for this holiday season. Raunaq works for Opendoor, a tech company reinventing the home buying and selling process, and they had graciously volunteered to give gifts to families of … Continue reading

Mercy Housing and Common Bond Communities Announce New Financing Model to Preserve Unsubsidized Affordable Housing

Mercy Housing and Common Bond Communities Announce New Financing Model to Preserve Unsubsidized Affordable Housing

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, … Continue reading