In The News
Atlanta BeltLine pushing ahead...
The Atlanta BeltLine, one of the city’s hottest properties and increasingly home to housing costing half a million and up, is pushing hard to get hundreds of affordable housing units opened or in the pipeline in the coming months. The stretch of trails and greenspace that will eventually make up the 22-mile loop inside the
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Health & Housing: Thought Leaders...
By Doug Shoemaker of Mercy Housing & Kimberly Latimer-Nelligan of the Low Income Investment Fund Social determinants – such as economic stability, the physical environment and social support systems – play a larger role in determining a person’s health outcomes than his or her genes or biology. This has led to both healthcare organizations and community
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Mercy Loan Fund Partners With...
San Diego, Calif.—Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a participation loan to Community HousingWorks (CHW), a nonprofit developer of affordable housing, for the acquisition of 2601-2685 Ulric Street, a 36-unit multifamily community in San Diego, Calif. CHW plans to develop the property so that
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Mercy Loan Fund partners with...
FOR IMMEDIATE RELEASE: 2/22/2017 Contact: Amelia Laing Content Manager alaing@mercyhousing.org 303-830-3432 Waterloo, Iowa—Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a loan to Chesapeake Community Advisors (CCA) and Trinity Village Non Profit Housing Corp. (Trinity) for the acquisition of Cedar River Tower, an 85-home community for
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A Letter to Dr. Ben Carson from...
Dear Dr. Carson, I would like to congratulate you on your recent nomination for Secretary of the Department of Housing and Urban Development. As the CEO of Mercy Housing, an affordable housing nonprofit with a 35-year history of developing, owning, and managing affordable housing across the United States, I have high hopes and expectations for
Read More“Not everyone has a safety net.”...
Denae was homeless when she found Mercy Housing. A single mother of a young daughter, she was living off and on with her mother and her friends. “Growing up, my childhood was what any child would have wanted,” Denae says. “We were a strong, close family with our own loving traditions.” Her happy family life
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Simpson Housing Gives Back to...
FOR IMMEDIATE RELEASE:10/10/2016 Contact: Amelia Laing Content Manager alaing@mercyhousing.org 303-830-3432 Simpson Housing® LLLP today announced that it is celebrating the 10-year anniversary of its flagship national corporate volunteerism initiative, “Simpson’s YOU Make a Difference,” through a massive volunteer effort. The real estate firm has chosen Mercy Housing, a leading national affordable housing nonprofit, as this
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Mercy Loan Fund Partners with...
FOR IMMEDIATE RELEASE: 9/28/2016 Contact: Amelia Laing Content Manager alaing@mercyhousing.org 303-830-3432 Denver, CO—Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a bridge loan to National Church Residences (NCR) for the refinance of McPherson Woods, an affordable, 50-home community for families in Mansfield, Ohio, a small town
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Mercy Loan Fund Receives Federal...
“As the affordable housing crisis continues, and in many places worsens, most of the new development is going to market-rate housing,” said Jason Battista, President of MLF. “This generous grant will help us address the desperate shortage of affordable housing in the most vulnerable communities.”
Read MoreBank of America Announces $366,000...
September 14, 2016 Reporters May Contact: Britney Sheehan, Bank of America, 1.425.467.9744 britney.w.sheehan@bankofamerica.com Support will help improve access to affordable housing and foster sustainable growth across Denver and beyond DENVER – Bank of America today announced $366,000 in grants to be distributed to seven Denver nonprofits working to increase access to affordable housing and support
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