In The News

Foreclosed townhomes renovated through the Neighborhood Stabilization Program in Pullman

At the end of 2015, Mercy Portfolio Services wound down its neighborhood stabilization work and discontinued operations. Thanks to the contributions of hundreds of partners and staff, Mercy Portfolio Services preserved, renovated or facilitated the reoccupation of 2,854 distressed or foreclosed homes over six years. The community impacts of this work included: Acquiring and renovating

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As the program manager for the City of Chicago’s Neighborhood Stabilization Program, Mercy Portfolio Services congratulates Karry L. Young Development for winning The Good Neighbor Award for their work on two developments: 1337 S. Central Park Ave. and 6447 S. Yale Ave. The Chicago Association of Realtors® (C.A.R.) established the Good Neighbor Award in 1992

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Throughout the nation, Mercy Housing is taking action to raise awareness about the ever-growing need for quality affordable multifamily rental housing and stabilized communities.

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A message from Mercy Housing President, Dick Banks…
As Mercy Housing ventures further into this challenging year, I want to offer my perspective on how Mercy Housing has grown as an organization.

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