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Loan Portfolio
View the locations where Mercy Loan Fund has provided loans for affordable housing around the country.
Learn more about Mercy Loan Fund's exciting involvement with the Create Jobs for USA initiative, a collaboration between Starbucks™ and Opportunity Finance Network®.
Financing Affordable Housing
Mercy Loan Fund
To meet the overwhelming need for affordable housing, Mercy Loan Fund was created in 1985 to provide financing to hundreds of local nonprofit organizations, enabling them to develop affordable housing in their communities. We have helped finance the development of single and multifamily homes for rental and homeownership opportunities. These developments aid a variety of people, including low-income families and individuals, the working poor, seniors, farm workers, formerly homeless individuals and people with special needs.
Mercy Loan Fund, a subsidiary of Mercy Housing, is a 501(c)(3) nonprofit corporation, certified by the U.S. Treasury Department as a Community Development Financial Institution.
We are proud to provide loans for housing developments that:
- Provide quality, affordable housing
- Serve the economically poor, primarily families or individuals with special needs
- Strengthen families and build healthy communities
- Increase self-reliance
If your organization is interested in applying for a loan, contact our Loan Fund staff for a loan application. Our Loan Review Committee and staff members review the details of each application and evaluate the request carefully against the established criteria. Criteria include:
- Enlisting broad community support for the development
- Demonstrating repayment ability
- Proving the borrower's capacity to complete and manage the development
For more information about Mercy Loan Fund, contact us at 303-830-3386 or loanfund@mercyhousing.org.
