In The News

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…

Leading Community Development Financial Institutions (CDFIs) partner to preserve the only senior affordable housing units in Worcester, Massachusetts. WORCESTER, MA — Mercy Loan Fund (MLF) has provided a crucial loan to acquire and rehab Emanuel Village Apartments for low-income seniors. In Worcester, 40 miles west of Boston, 61% of seniors are earning less than $40K

Mercy Loan Fund (MLF) provided the National Church Residences (NCR) with a loan to purchase Eden Cross, an affordable housing community with 50 homes in 13 single-story buildings for people 62 years of age and older in Seguin, Texas. “MLF is excited to partner with NCR for the seventh time. NCR and MLF share a like-minded