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Non-Profit Housing Developers Receive Funds from CRA/LA to stay afloat in recession
Non-profit housing organizations (including Mercy Housing)operating in redevelopment project areas received
financial assistance for the Community Redevelopment Agency of the City of Los Angeles (CRA/LA) to
help them stay in business during the current economic decline.
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Mercy Housing California dedicates 10th and Mission Family Housing in San Francisco
Mercy Housing California’s newest affordable housing development provides 136 affordable rental apartment homes for families
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How It Works
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Mercy Housing Colorado wants to provide potential homeowners with a positive experience
when they buy homes through us. Buying a home is an exciting, but sometimes stressful,
process. We hope to give you advice, counseling and access to great realtors and
lenders to make the home-buying experience as rewarding as it should be for all
homeowners – regardless of income.
1. To qualify for our program, you must make 115 percent of the Area Median Income
or less. To find out whether you qualify, contact our Mercy Housing Colorado Homeownership
staff at cohomeownership@mercyhousing.org
or (303) 830-3358. We will help you
determine whether you pre-qualify for the program and offer you homeownership counseling.
2. If you and our staff determine that you are ready to begin the home-buying process,
we will have one of our pre-screened lenders call you directly to determine what
financing products may be available to you and what type of home you may be able
to afford. Our lenders’ goal is to help you make the right decision on financing your home.
They will work with you to make sure you aren’t committing to a mortgage that
will get you into trouble down the road.
3. The lender and our staff will collaborate with a pre-screened realtor to help
you begin your house hunt. Mercy Housing Colorado works with the best realtors who
want to find an affordable home for your family.
4. Once you find your new home, we quide you through the sale and closing to make sure
everything goes smoothly.
Contact us today to see whether we can help you find the quality, affordable home
you’ve been searching for! You can reach us at
cohomeownership@mercyhousing.org or (303) 830-3358.
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