Jul 28Mercy Community Capital Announces New President
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 expertise. Most recently, she served as the Lending Vice President of Mercy Community Capital (MCC). With a career spanning over a decade with MCC, Joy started as a loan officer in 2012 and progressed to her current role. As Lending Vice President, she oversaw all lending functions, including business development, underwriting, and closing. She has been the top loan producer in MCC’s history with over $143 million in closed loans and leveraging more than $1.5 billion in total development costs, positively impacting the lives of over 15,000 residents. Under Stefanie’s leadership, the lending division has achieved remarkable success facilitating unprecedented loan volume originating over $60 million and leveraging more than $1 billion in total development in 2021 alone.
“Stefanie brings an unparalleled wealth of experience, passion, and a profound understanding of the challenges faced by individuals seeking affordable housing options,” said Jaime G. Gomez, Mercy Community Capital’s Board of Directors Chair. “Throughout her tenure with MCC, Stefanie has consistently demonstrated outstanding leadership, driving transformative initiatives that have made a positive impact on communities far and wide.”
Before joining MCC, Joy served as a Senior Financial Analyst at Mercy Housing Management Group and worked as a Commercial Real Estate Analyst at Grandbridge Real Estate Capital, specializing in multifamily lending with Fannie Mae and Freddie Mac. She holds a Bachelor of Science in Business Administration with majors in Finance and Real Estate and Urban Analysis from The Ohio State University.
Outside of her professional endeavors, Joy is actively involved in community engagement. She serves on the Board of Directors for Senior Housing Options in Denver, demonstrating her commitment to supporting organizations that prioritize the well-being and housing needs of seniors.
About Mercy Community Capital
For more than three decades, Mercy Community Capital (MCC), a leading Community Development Financial Institution (CDFI), has provided financing to support affordable housing and community development across the nation. MCC has focused exclusively on funding affordable housing and essential community infrastructure projects that support affordable housing. By collaborating with socially responsible developers, MCC has helped finance the development of single and multifamily homes for rental and homeownership. These developments help underserved communities, including people with low incomes, veterans, seniors, farm workers, people who have experienced homelessness, and people with disabilities. MCC is an affiliate of the affordable housing nonprofit Mercy Housing, Inc. (MHI), headquartered in Denver, CO. For more information, please visit mercycommunitycapital.org.
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