Mercy Loan Fund

Mercy Housing News » Mercy Loan Fund
Record 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 … Continue reading
Tuesday, November 11, 2014 9:50:36 AM

Spirit 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 … Continue reading
Tuesday, November 11, 2014 9:46:42 AM

DENVER 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 … Continue reading
Thursday, October 30, 2014 1:51:27 PM

St. Charles Town Company Breaks Ground on Zephyr Line Apartments in Lakewood’s West Rail Corridor
Denver (October 15, 2014) — St. Charles Town Company, LLC, is excited to announce the groundbreaking of Zephyr Line Apartments, a 95-unit multifamily complex which will provide critically needed workforce housing in Lakewood, Colorado. Financing for the project closed in August and construction is underway. After acquiring land at 14th Avenue and Zephyr Street in … Continue reading
Wednesday, October 15, 2014 1:53:00 PM

Mercy Loan Fund receives $1.5 million award from U.S. Treasury’s CDFI Fund
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 … Continue reading
Thursday, August 28, 2014 4:52:20 PM

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