In The News

An important aspect of Mercy Loan Fund’s business as a national lender is the relationships it builds with national developers of affordable housing.  One such organization, Wishrock, first came to Mercy Loan Fund in 2015…

FOR IMMEDIATE RELEASE Contact: David Pickard (708) 434-5006 david@wilksgrp.com CHICAGO, IL (August 28, 2017) – Mercy Housing Lakefront announced today that it will begin accepting applications on September 5, 2017 for River Station Senior Apartments, a 70-unit affordable housing development in Kankakee designed for low-to-moderate-income seniors. Part of a broad community revitalization strategy in a

On March 23, Mercy Housing California and Openhouse celebrated the Grand Opening of The Openhouse Community at 55 Laguna—San Francisco’s first affordable housing community welcoming to LGBT seniors. The 40 apartments augmented by onsite services provided by Openhouse rehabilitates a historic city landmark into a thriving and inclusive home welcoming to LGBT seniors and formerly

Every day, roughly 10,000 Baby Boomers turn 65, and by 2040, older adults are expected to make up more than 20 percent of the population. This demographic change has been dubbed “The Silver Tsunami.” As the affordable housing crisis continues nationwide, and in many places worsens, and as federal resources for senior housing continue to disappear,

FOR IMMEDIATE RELEASE February 19, 2015 Contact Paul Chiocco (206) 602-3490 pchiocco@mercyhousing.org SEATTLE, WA – Mercy Housing Northwest is celebrating the construction start of its newest affordable housing community, New Tacoma II Senior Apartments, on Wednesday, February 25, 2015 4:00 p.m. – 5:30 p.m., with a speakers program and a musical performance by seniors living

At 82 years old, Miss Gloria Murphy, a resident of Mercy Housing Southwest’s Casa de Merced Senior Community in Mesa, Ariz., walks 5 miles every day.

More low-income seniors in Tacoma, Wash., will have a safe, affordable home, thanks to an $8.2 million grant to Intercommunity Mercy Housing from the U.S. Department of Housing and Urban Development (HUD).   The grant is part of more than $650 million that the department announced would go toward helping thousands of very low-income senior

Mercy Housing featured in February issues of Affordable Housing Finance and Multifamily Executive.