In The News

Guest Post by Maya Brennan, Center for Housing Policy Surveys consistently have found that more than 90 percent of older adults want to stay in their own home as they age.  Now think about where you live. Is it set up to meet the needs of a 65-year-old? What about an 85-year-old?  As the population

Mercy Housing Northwest – Idaho received a grant from the Lightfoot Foundation to fund Resident Services programs and the search for a new affordable multifamily site in Boise. The Lightfoot Foundation is a long-time supporter of Mercy Housing Northwest-Idaho and we are delighted to partner with them again in 2012!

Mercy Housing Lakefront will now be able to continue their work of creating and preserving affordable housing opportunities in areas outside of Chicago – particularly in Kane and Kankakee Counties—thanks to a $125,000 grant from Grand Victoria Foundation. “We are honored to receive this generous award from Grand Victoria Foundation” said Cindy Holler, Mercy Housing

Bonnie Betz has spent her entire life in Tornado Alley; the infamous stretch in the southern plains of the central U.S. where violent tornados are all too common. Her numerous stories about the close encounters she has had with these powerful storms over the years have earned Bonnie the nickname “Tornado Lady” amongst her friends

Mercy Housing California is extremely pleased to announce renewed and increased support thanks to a $150,000 grant from Wells Fargo. The grant was awarded as part of Wells Fargo’s Welcome Home program. The funding will support Mercy Housing California’s new affordable projects in development in 2012. “We are honored to receive this generous award from

Mercy Housing Lakefront opened the Wentworth Commons Apartments in June 2005 and soon became home to 24 single adults and 27 families, including 85 children who were formerly homeless or at great risk of becoming homeless. The Wentworth became more than a home to the Voss Family. It enabled them to live in hope of a

Today, Mercy Housing Lakefront announced that it has been selected to participate in the Housing Partnership Network’s (HPN) Innovations in Neighborhood Stabilization and Foreclosure Prevention Initiative, an effort to expand innovative solutions to neighborhood stabilization challenges in 10 metropolitan areas across the country. The initiative is part of a $2.75 million commitment by the Citi Foundation to bolster

Mercy Housing Northwest – Idaho received a grant from the Home Federal Foundation to support the Neighborhood Stabilization Program in the City of Nampa. Pictured: Mercy Housing Northwest – Idaho Direct of Housing, Robert Reed, receiving the check from Belinda Sargent from Home Federal Bank.

Just before the New Year, the California Supreme Court upheld legislation which eliminates all of the redevelopment agencies in the state on February 1, 2012. Until the ruling, redevelopment agencies have been required to spend 20% of their revenue on the creation and preservation of affordable homes for low and moderate income households. These agencies provided nearly $1 billion per year for affordable housing-money that has been critical to Mercy’s work in nearly every community that we serve.

Source: Chicago Sun-Times With more than one in 10 houses in Chicago vacant, and experts expecting the foreclosure crisis to continue to grow, nonprofits and the city are renting out more of those properties and offering incentives for those willing to buy. Neighborhood Housing Services, a 35-year-old Chicago non-profit, this year will lend $18 million