In The News
Mercy Housing Engages 220 Executives...
On June 4th, 220 government, foundation, financial, real estate, and community leaders participated in Mercy Housing’s fifth annual community development “think tank” at the University Club of Chicago. The event highlighted emerging opportunities and engaged participants in small group discussions to create practical solutions to address the foreclosure crisis, create affordable housing, and provide services
Read MoreMercy Riders – Pushing Pedals,...
3,800 miles – that is the distance the Mercy Riders have pledged to bike in an effort to raise awareness and funds for Mercy Housing. The group is slated to begin their nearly 7-week ride across America this Friday, June 14th in San Francisco. The Mercy Riders include eight individuals – six riders and two
Read MoreTransforming Lives - Feel Better...
This summer, Mercy Housing Lakefront’s residents and staff will challenge each other to get healthy through the 2nd Annual Feel Better Challenge. The 8-week health and wellness challenge will kick off on June 17th. Participants will assess their health, set goals, and work to accomplish their goals through a variety of nutrition and physical health
Read MoreMercy Portfolio Services Helps...
Scott Henry always knew he wanted to be a developer and first became interested in the affordable housing industry while getting his architect degree from Illinois Institute of Technology in Chicago. But before starting his dream career, Scott had some setbacks along the way and he attributes Mercy Portfolio Services as helping him get back
Read MoreThank You for Creating 4,000 Jobs...
With the help of many partners, 4,000 jobs have been sustained through the Moving Forward Together campaign. Over the past three years, you have helped build 2,163 homes, sustain 4,186 jobs and enable 4,666 people to live in hope in the Chicago and Milwaukee regions. However, the work continues. To address the regional housing crisis,
Read MoreMercy Housing Lakefront Helps...
Mercy Housing Lakefront has recently acquired 128 units of affordable housing through the purchase of the 2000 Illinois Apartments complex in Aurora, Ill. The transaction was made possible through Mercy Housing’s participation in The Housing Partnership Equity Trust (HPET), a newly-created nonprofit real estate investment trust, or REIT. HPET funds enabled Mercy Housing Lakefront to
Read MoreSaving Affordable Housing
Source: Wall Street Journal An apartment complex in suburban Chicago was saved from the clutches of gentrification by a private real-estate investment trust formed to buy and protect affordable housing. The property, serving a working-class section of Aurora, Ill., was acquired for $5.2 million by a Chicago unit of Denver-based Mercy Housing Inc. in a
Read MoreIt takes a village to raise a child:...
Community Matters Newsletter Summer/Fall 2013 Each day more than 15 million school-age children across the U.S. come home to an empty house. Among them, more than one million are in grades K-5. Research shows that high-quality afterschool programs can lead to improved attendance, behavior and coursework. In fact, students who participate in afterschool programs attend school regularly, exhibit better behavior, receive better grades and score higher
Read MoreU.S. Bank Donates 1,000 School...
U.S. Bank donated more than 1,000 school supplies to children who reside in Mercy Housing Lakefront properties earlier this spring. The donation helped hundreds of children prepare for a successful second-half of the school year. “We recognize that these students are inspired to succeed, and we want to ensure that they had the correct tools
Read MoreCreating Opportunities
Thanks to many partners, 3,500 Mercy Housing Lakefront residents live in hope. Your support makes it possible for them to achieve their goals and dreams. Through your generosity, families like the Jones family have been able to reach their full potential. Schiolynn Jones, a mother of four, turned to Mercy Housing Lakefront after a divorce
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