In The News

Stock Market Graphic

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

Read More

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

Read More

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

Read More

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…

Read More

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

Read More

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

Read More

FOR IMMEDIATE RELEASE: Contact: John Keaten 212.784.5701 jkeaten@groupgordon.com WASHINGTON – Affordable housing providers and community facilities can now apply for rapid-response financing. The Fund for Rapid Recovery and Rebuilding helps organizations focus on communities that need support to continue their missions. Three Community Development Financial Institutions (CDFIs): Enterprise Community Loan Fund (Enterprise), Mercy Loan Fund

Read More

by Jason Battista We couldn’t be more different. I am white; he is the son of Bangladeshi immigrants. I grew up in an upper-middle class household; he grew up in poverty. I attended the very best schools in the state; he attended schools on the verge of being closed for low performance. I was raised

Read More
mercy-housing-logo-heart

FOR IMMEDIATE RELEASE: Contact: Kate Peterson Director, Marketing & Communications kpeterson@mercyhousing.org 303-830-3443 Denver, CO—Aeris has upgraded Mercy Loan Fund (MLF) from AA to AA+ on the standard Wall Street scale, putting MLF in the top 15% of rated Community Development Financial Institutions (CDFI).  MLF’s rating has increased three levels in the past two years. Aeris

Read More
mercy housing logo

FOR IMMEDIATE RELEASE Contact: Kate Peterson National Director of Marketing and Communications 303-830-3443 kpeterson@mercyhousing.org Dallas, Texas—Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a $7.0 million loan to Chesapeake Community Advisors (CCA) and Trinity Village Non Profit Housing Corp. (Trinity) for the acquisition of Forest Dale

Read More