In The News

With almost $1 million in philanthropic support over the past twelve months, 180° Properties has been able to expand property preservation services throughout the Lake Michigan region, including Gary, Chicago, and Milwaukee. With this expansion, 180° Properties has now created 49 jobs and has completed 24,982 work orders to protect and maintain 5,970 homes throughout the

More than 15 U.S. Bank volunteers, Hope House staff members and community supporters joined residents at the Johnston Center to celebrate the 2nd Anniversary of the completion of the supportive housing building.  “We are so grateful for U.S. Bank’s ongoing commitment to the Johnston Center Residences,” said Cindy Holler, president of Mercy Housing Lakefront. “In

Mercy Housing Lakefront unveiled the Lakefront Residences of Grayslake, the organization’s newest building, earlier this month. The 70-unit new construction building will serve seniors in Grayslake and throughout Lake County. Grayslake Mayor Rhett Taylor as well as State Representative-elect Sam Yingling attended the ribbon-cutting ceremony. “We are thrilled to welcome Mercy Housing to the Grayslake

Source: Grayslake Patch Lakefront Residences of Grayslake, an affordable senior housing development, recently opened a new 3-story, 70-unit residential building across from Grays Lake at Belvidere and Neville roads. Developed by non-profit Mercy Housing Lakefront, the building features 63 one-bedroom units and seven one-bedroom units with a den. Of the 70 units, 25 will be

Tuesday night was obviously a big election night across the country. Locally, affordable housing got a huge win in San Francisco with the passage of Prop C. An amazing 65 percent of San Franciscans voted to provide $1.2 billion to affordable housing over the next 30 years. Clearly, San Francisco voters and elected officials continue

Our nation has had a wild ride leading up to yesterday’s announcement of President Obama’s re-election. A special thanks to our Resident Services staff throughout the country for making sure that Mercy Housing residents were registered to vote and informed about their civic rights and responsibilities. Congress and the President have some huge issues to

October 2012 Affordable Housing Finance Mercy Housing CEO Sister Lillian Murphy, RSM, was recently featured in Affordable Housing Finance Magazine’s 2012 election guide. This election could have major impacts on the affordable housing industry. When asked about the top housing priority for the incoming 113th Congress, Sister Lillian responded: “Preserve the LIHTC, New Markets Tax

Our Public Policy and Advocacy Team has been hard at work trying to continue support for key Community Development Financial Institution programs. Julie Gould, Mercy Loan Fund President and Senior Vice President of Public Policy Advocacy, recently signed on to the following letters: “Restart the Clock” on the CDFI Bond Guarantee Program Delays in implementation

SAN FRANCISCO — A multi-year effort to revitalize public housing in San Francisco’s Visitacion Valley community has taken a major step forward. The Sunnydale HOPE SF Project developed in partnership with Mercy Housing California (MHC) and The Related Companies of California (Related California) has been selected by the U.S. Department of Housing and Urban Development

Over the next four decades as the nation’s baby boomers age, more than 48 million people are projected to be added to the ranks of the 65 and older population. What’s even more staggering, the 85 and older population is expected to more than triple from 5.8 million in 2010 to 19 million in 2050 according to the Center for Housing Policy.