In The News

PRESS RELEASE For Immediate Release:  September 9, 2020 Contact:  Kate Peterson | 303.830.3443 |  kpeterson@mercyhousing.org With a $685K predevelopment loan, Mercy Community Capital will finance Villa Pacifica, affordable homes for families in Mayaguez. SAN JUAN, PUERTO RICO—Torrado Development (Torrado) will help develop 43 single-family homes for participants in the ‘Community Development Block Grant—Disaster Recovery’ program

I am very pleased to announce that Ismael Guerrero has assumed his role as Mercy Housing’s President and CEO, effective today. As way of introduction, I invite you to watch the short video below: After an exhaustive national search, we knew that there was no better person to lead Mercy Housing than Ismael. His visionary

PRESS RELEASE For Immediate Release:  May 18, 2020 Contact:    Kate Peterson | 303.830.3443 | kpeterson@mercyhousing.org With two loans, one in Sherman and the other in Long Beach, seniors with low incomes will receive stable housing with essential services at a crucial time for the city. LOS ANGELES—Mercy Community Capital’s (MCC) loans in LA will provide

PRESS RELEASE For Immediate Release:  June 2, 2020 Contact:  Kate Peterson | 303.830.3443 |  kpeterson@mercyhousing.org With three loans, Mercy Community Capital will help create greatly needed affordable housing with services—supporting families with low incomes at a critical time for people with low incomes. DENVER— As a leading Community Development Financial Institution, Mercy Community Capital (MCC)

Mercy Community Capital is making housing more accessible for people with low incomes. They’re investing $1.25M in the Denver Regional TOD Fund — extending this essential program another five years! The Denver Regional TOD Fund has accelerated new development near public transit stops including 1,450 affordable homes, a new public library, and more than 100,000 square

Denver, CO—Mercy Community Capital (fka Mercy Loan Fund) (MCC), a subsidiary of Mercy Housing and a leading Community Development Financial Institution (CDFI), announced today that it has received a CDFI Financial Assistance (FA) program award of $799,000 from the United States Treasury’s CDFI Fund. MCC is one of 284 CDFIs to receive a part of

Mercy Community Capital (MCC) (FKA Mercy Loan Fund) has reached an historic milestone: $3 billion leveraged in development costs on affordable housing properties financed. Historically over the past 34 years, every dollar lent by MCC helped to create or preserve $9 of affordable housing. Over the past several years, MCC has purposely increased its participation lending

Mercy Loan Fund announced today that it has received a $4.5 million grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) DENVER— Mercy Loan Fund (MLF), a subsidiary of Mercy Housing, Inc. (MHI), a leading national affordable housing nonprofit, will use the money to invest in much-needed affordable housing across

Mercy Loan Fund has received its annual Aeris rating of AA+, maintaining its three-level increase in three years. Aeris provides the only comprehensive, third-party assessment of Community Development Financial Institution (CDFI) loan funds and helps community investors evaluate opportunities that meet their impact goals and risk parameters. The AA+ financial rating signifies that MLF has

An important aspect of Mercy Loan Fund’s business as a national lender is the relationships it builds with national developers of affordable housing.  One such organization, Wishrock, first came to Mercy Loan Fund in 2015…