Featured Profiles

Forest Dale Apartments   Provider: Chesapeake Community Advisors (CCA) and Trinity Village Non-Profit Housing Corporation (Trinity) Location: Dallas, TX Property Type: Senior Housing Units: 206 Description: Molly was experiencing the harsh reality of the Dallas, Texas housing market — affordable housing simply wasn’t available and her home at Forest Dale Apartments was at risk of

Coppermine Village   Provider: Wishrock Housing Partners Location: Bristol, CT Property Type: Family Housing Units: 176 Description: Coppermine Village was suffering the effects of drugs and crime that plagued the greater Bristol, CT, community. Although affordability was preserved through HUD’s Low-Income Housing Preservation and Resident Homeownership Act program, the property struggled to maintain a sense

Grace Apartments   Provider: Mercy Housing Location: Denver, CO Property Type: Family Housing Units: 53 Description: Grace Apartments, comprised of two buildings and 53 units, is a Tax Credit property located in southeast Denver. The buildings are three stories high and feature two, three, and four-bedroom units. Grace maintains a very diverse population comprised of

Zephyr Line Apartments   Provider: St. Charles Town Company, LLC Location: Lakewood, CO Property Type: Family Housing Units: 95 Description: Zephyr Line Apartments was completed in late fall of 2015. The General Contractor on this project was BC Builders. MLF made a $3.1 million “equity bridge” loan that covered construction costs in advance of the

Renaissance Downtown Lofts   Provider: Colorado Coalition for the Homeless Location: Denver, CO Property Type: Family Housing Units: 101 Description: Thanks to our partners, Renaissance Downtown Lofts opened on May 31, 2018. We are proud to be a part of the project. Affordable, service-enriched housing helps low-income families support themselves, and this allows communities to

Decatur Place Apartments   Provider: Mercy Housing Location: Denver, CO Property Type: Family Housing Units: 106 Description: In October 2016, Mercy Loan Fund provided a $5 million loan to Mercy Housing to refinance existing debt and perform capital improvements to Decatur Place Apartments, a community that provides 106 affordable homes to single parents who want

Featured Profile: Virginia Watt Virginia Watt never thought that she would realize the dream of homeownership. A native Chicagoan, Virginia has been working as a forklift operator with Graham Packaging for 33 years. She wanted to provide more space for her family, but wasn’t sure she could afford a home. Thanks to Mercy Portfolio Services

Featured Profile: Zollie Scales Manor Provider: Cesar Chavez Foundation Location: Houston, TX Property Type: Family Housing Units: 158 Description: In 2010, Mercy Loan Fund provided a $1,300,000 construction/bridge loan to the Cesar Chavez Foundation to preserve Zollie Scales Manor in Houston, Texas. The Cesar Chavez Foundation is a non-profit organization that helps preserve, promote, and

Featured Profile: Walnut Place Subdivision Provider: Community Housing Improvement Systems and Planning  Association, Inc. Location: Greenfield, California Property Type: Single Family Homes Description: The majority of Mercy Loan Fund’s loans are made to nonprofit developers for affordable rental housing; however, Mercy Loan Fund also lends for projects that offer affordable homeownership opportunities. One program in particular, Mutual Self-Help Housing, makes

Featured Profile: Valle Naranjal Provider: Cabrillio Economic Development Corporation (CEDC) Location: Piru, California Property Type:  Farm Worker Family Rental Units: 66 Description: With the help of a $1.9 million loan from Mercy Loan Fund, Cabrillo Economic Development Corporation (CEDC) will develop Valle Naranjal, a 66 unit farm worker family rental project in Piru, California, a small town located in