In The News
Leadership Change at Mercy Loan...
It is with mixed feelings that we announce that after having been a part of Mercy Housing and Mercy Loan Fund (MLF) for the past 14, including almost five years as President of MLF, Julie Gould left Mercy Loan Fund May 1st. She plans to pursue her next career in urban planning consulting and documentary
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Mercy Loan Fund Encourages All...
Please join Mercy Loan Fund in showing your support for CDFIs by signing this letter. The letter closes on April 30th, 2015.
Read MoreNew Mercy Loan Fund President...
FOR IMMEDIATE RELEASE New Mercy Loan Fund President Appointed Denver, Colorado (03/19/15) – Mercy Loan Fund (MLF) is pleased to announce that Jason Battista will be appointed as President of the Loan Fund on May 1, 2015. Jason joined Mercy Loan Fund in 2009 and since then has proven his ability to balance the mission
Read MoreRecord Breaking Loans Closed...
With ten months into the year, Mercy Loan Fund has already hit a record high for annual loan closings since it began 29 years ago. To date, Mercy Loan Fund has closed 13 loans, over $23 million lent to organizations in 8 states that turned to us for dollars otherwise unavailable. These funds have helped provide
Read MoreSpirit of Community Award
During Opportunity Finance Network’s 30th Annual Conference held in Denver in October, Mercy Loan Fund and Mile High Community Loan Fund hosted a reception sponsored by US Bank. The highlight of the reception was the presentation of the Spirit of Community Award to Sister Lillian Murphy and Sister Corinne Florek. These Sisters have a long
Read MoreDENVER CDFIS CELEBRATE 30 YEARS...
Religious women honored for community development leadership (DENVER, CO) — Two Denver-based Community Development Financial Institutions, Mercy Loan Fund and Mile High Community Loan Fund, celebrated anniversaries with a reception sponsored by US Bank at last month’s Opportunity Finance Network conference that brought over 1,000 members of the community development financing industry to Denver. The
Read MoreMercy Loan Fund receives $1.5...
Funding helps local affordable housing developers preserve affordable housing DENVER — Mercy Loan Fund, a subsidiary of Mercy Housing Inc., announced today that it has received a $1,500,000 financial assistance award from the United States Treasury’s Community Development Financial Institutions (CDFI) Fund. The funds will help MLF provide approximately $8 million of leveraged financing to
Read MoreMERCY LOAN FUND BOARD SAYS FAREWELL...
In June, Mercy Loan Fund’s Board of Directors and staff gathered in Denver for their annual strategic planning session. While the annual meeting is an important event for both Board and staff, this year it was made even more special with a visit from Sister Lillian Murphy and Jane Graf. Sister Lillian is retiring after
Read MoreBetter Housing Coalition Expands...
Move expands on long term partnerships (RICHMOND, VA) — Building on over a decade of partnership, Better Housing Coalition’s expansion of single family home construction for low income homeowners will be financed by Mercy Loan Fund (MLF). With this new funding, more than 35 individuals and families making 80% of the Area Median Income ($60,500
Read MoreMercy Loan Fund supports President Obama’s “My Brother’s Keeper” initiative to assist youth in underserved communities
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