In The News

affordable housing

On December 27, Congress passed $900 billion in COVID-19 pandemic relief and $1.4 trillion in government funding through 2021. This included a big win for the low-income housing tax credit (LIHTC). What’s LIHTC? It’s the lifeblood of affordable housing — pronounced ‘lie-tech.’  Created in 1986 by the Reagan Administration, LIHTC is a vital funding source

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Capitol Park Hotel

Mercy Housing California begins conversion of historic hotel into affordable apartments for people who are homeless. SACRAMENTO, Calif. — Construction on the former Capitol Park Hotel, located at 1125 9th Street in the city’s downtown core, will transform the building into permanent supportive housing for individuals who are experiencing homelessness. Mercy Housing’s team of contractors and

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At Mercy Housing, we don’t like saying ‘poor,’ but know it’s how many people refer to people earning extremely low incomes, or the ‘working poor.’ The Bureau of Labor Statistics says that the working poor are people who “spend 27 weeks or more per year working or looking for work but their incomes are below

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Aerial shot of Gardner House mural

There are a lot of rumors and misinformation about affordable housing. The term “projects” has been unfairly used to stigmatize subsidized housing too. This all comes from misunderstandings about what affordable housing truly is, and how it affects neighborhoods. The research is clear — affordable housing is good for neighborhoods, and here are seven ways

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The notion that housing justice is social justice, is at the heart of Mercy Housing’s work. Without a stable place to call home, it’s near impossible to pursue a healthy, prosperous life. Here are three questions that put the importance of housing into perspective: 1. Where can a full-time minimum wage earner afford a home in

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Generational poverty is heartbreaking, but breaking the cycle of poverty is possible. Dedicated communities and people like you can make a difference. What is the Cycle of Poverty? The vicious cycle of poverty, also known as generational poverty is understood by experts to be when at least two generations of a family are below the

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A Letter from Mercy Housing’s President & CEO — Ismael Guerrero Mercy Housing is an organization committed to social justice. We do not believe our mission allows us to sit quietly during times of unrest and change, anger and hope. We stand by our Core Values of Respect, Justice, and Mercy. We respect the right

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Live in Hope

That was a tough year! But thanks to all our supporters, Mercy Housing was able to help thousands of families living with low incomes through 2020. We share these highlights as a thank you to residents, partners, volunteers, and staff for all your dedication and hard work. In 2020, Mercy Housing: Opened 6 new communities,

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PRESS RELEASE For Immediate Release:  December 1, 2020 Contact:  Kate Peterson | 303.830.3443 |  kpeterson@mercyhousing.org Clare Gardens and Grace Apartments—Mercy Housing communities—have been re-syndicated, preserving 181 homes for generations to come. DENVER— The economic fallout from the pandemic continues to strain people’s ability to afford housing, especially those living with low incomes. While residential real

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portrait of web brown svp of redi

 PRESS RELEASE For Immediate Release:  Nov. 17, 2020 Contact: Kate Peterson | 303.830.3443 | kpeterson@mercyhousing.org  Nation’s leading affordable housing nonprofit hires Web Brown to spearhead national racial equity initiatives at critical time in affordable housing history DENVER—Mercy Housing, the nation’s leading affordable housing nonprofit headquartered in Denver, has named Web Brown as senior vice president

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