In The News
Supporting Emerging Developers...
Throughout 2025, Mercy Community Capital (MCC) continued to support developers who were relatively new to affordable housing or had limited access to traditional debt sources. As a Community Development Financial Institution (CDFI), MCC makes a concerted effort to provide capital in support of affordable housing developments where capital may be otherwise difficult to obtain. For
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Mercy Community Capital Announces...
Contact: Kate Peterson / 303.830.3443 KPeterson@mercyhousing.org DENVER, CO – Mercy Community Capital is excited to announce Stefanie Joy as the new President of the national Community Development Financial Institution. Joy will replace Jason Battista who resigned last month to become a development partner with St. Charles Town Company. Joy brings decades of multifamily housing finance
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Changes in MCC Leadership
On behalf of Mercy Community Capital’s Board of Directors, it is with mixed emotions that I share that Jason Battista will be leaving Mercy Community Capital this June. We are very grateful for his service and dedication to Mercy Housing’s mission over the years, and wish him the best of luck in his new role.
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"To work for the common good is...
Mercy Community Capital (MCC) is grateful for a stellar and impactful 2022 fiscal year. MCC’s talented staff, thoughtful board of directors, and engaged committees worked diligently — and achieved excellent results — for the common good in 2022. 2022 MCC Highlights include: Impact: Our financing activities created and/or preserved 4,060 units of affordable housing and served
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Mercy Community Capital Receives...
PRESS RELEASE For Immediate Release: April 19, 2020 DENVER—Mercy Community Capital (MCC) was selected to receive the highly sought-after Capital Magnet Fund (CMF) award in 2016, 2018, and most recently in 2020 to fund affordable housing communities. This public-private partnership will allow MCC to leverage capital at both the investment- and project-level by at least
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Mercy Community Capital’s...
PRESS RELEASE For Immediate Release: September 9, 2020 Contact: Kate Peterson | 303.830.3443 | kpeterson@mercyhousing.org With a $685K predevelopment loan, Mercy Community Capital will finance Villa Pacifica, affordable homes for families in Mayaguez. SAN JUAN, PUERTO RICO—Torrado Development (Torrado) will help develop 43 single-family homes for participants in the ‘Community Development Block Grant—Disaster Recovery’ program
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Meet Mercy Loan Fund!
Providing stable affordable homes to families in need is not easy, but it is a rewarding challenge! It takes teams of experts, a lot of collaboration, strong partnerships, and capital. Many people know that Mercy Housing provides affordable homes with services, but it’s not always common knowledge that we have our own loan fund—Mercy Loan
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Mercy Loan Fund Rating Increased...
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
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Mercy Loan Fund Receives $776,500...
FOR IMMEDIATE RELEASE September 25, 2017 Contact: Kate Peterson kpeterson@mercyhousing.org Denver, CO–Mercy Loan Fund (MLF), a subsidiary of Mercy Housing and a leading Community Development Financial Institution (CDFI), announced today that it has received a CDFI/CORE Financial Assistance (FA) program award of $776,500 from the United States Treasury’s CDFI Fund. Mercy Loan Fund will use
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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.”
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