In The News

Tuesday night was obviously a big election night across the country. Locally, affordable housing got a huge win in San Francisco with the passage of Prop C. An amazing 65 percent of San Franciscans voted to provide $1.2 billion to affordable housing over the next 30 years. Clearly, San Francisco voters and elected officials continue

SAN FRANCISCO — A multi-year effort to revitalize public housing in San Francisco’s Visitacion Valley community has taken a major step forward. The Sunnydale HOPE SF Project developed in partnership with Mercy Housing California (MHC) and The Related Companies of California (Related California) has been selected by the U.S. Department of Housing and Urban Development

SAN FRANCISCO – The City’s first and the country’s largest affordable housing specifically welcoming to lesbian, gay, bisexual and transgender (LGBT) seniors to be developed by Openhouse and Mercy Housing California was approved unanimously Thursday by the San Francisco Planning Commission. The development includes 110 apartments for low-income seniors, Openhouse service offices and an activity

The City’s first and the country’s largest affordable housing specifically welcoming to lesbian, gay, bisexual and transgender (LGBT) seniors to be developed by Openhouse and Mercy Housing California was approved unanimously Thursday by the San Francisco Planning Commission. The development includes 110 apartments for low-income seniors, Openhouse service offices and an activity center for residents

Source: The Sacramento Bee Trying to find affordable rental housing in the Sacramento region is a bit like playing the lottery: Fifty thousand prospective tenants recently vied for one of 3,000 slots on a Sacramento County waiting list for subsidized housing. Families are waiting two years for an apartment in an affordable housing complex in

Mercy Housing California is extremely pleased to announce renewed and increased support thanks to a $150,000 grant from Wells Fargo. The grant was awarded as part of Wells Fargo’s Welcome Home program. The funding will support Mercy Housing California’s new affordable projects in development in 2012. “We are honored to receive this generous award from

Just before the New Year, the California Supreme Court upheld legislation which eliminates all of the redevelopment agencies in the state on February 1, 2012. Until the ruling, redevelopment agencies have been required to spend 20% of their revenue on the creation and preservation of affordable homes for low and moderate income households. These agencies provided nearly $1 billion per year for affordable housing-money that has been critical to Mercy’s work in nearly every community that we serve.

On October 28, 2009, Affordable Housing Finance magazine, the leading business-to-business publication in the affordable housing industry, held its annual Readers’ Choice Awards and Hall of Fame Luncheon at the Palmer House in downtown Chicago at the conclusion of AHF Live: The Affordable Housing Developers’ Summit. The luncheon, sponsored by Bank of America/Merrill Lynch, honored

Mercy Housing receives two grants worth $750,000 from Citi Foundation. The grants will be used to expand the development of affordable housing in Illinois, California and throughout the nation.

Mercy Housing California dedicated two new affordable housing communities in Sacramento this month — Ardenaire Apartments on May 15 and Martin Luther King, Jr. Village on May 21. Ardenaire Apartments is a 53-unit property for low-income individuals and families. Nineteen of the refurbished, affordable apartment homes are for formerly homeless families and individuals. Martin Luther King, Jr. Village consists