In The News

Mercy Housing has always set a high standard for affordable housing and our properties – creating communities and homes, not just buildings – with a conscious effort to positively impact the future needs of our residents as well as the immediate ones. This concept of forward-looking, of being aware of how what we do to today impacts

Source: Affordable Housing Finance As Congress pursues tax reform and deficit reduction, the most successful federal program for the production and preservation of affordable housing is in the crosshairs. While the affordable housing industry has lobbied for the low-income housing tax credit (LIHTC) for years, industry stakeholders are redoubling their efforts to educate members of

Winlock, WA is one of the many rural communities served by Mercy Housing Northwest. This small town has been experiencing a flurry of construction for the past month, as builders have been hard at work renovating this aging 24 unit building. This project is the second part to a three series renovation of Mercy Housing

Pierce & Associates recently provided a $100,000 charitable donation to further the goals of Mercy Housing Lakefront’s ten-year Moving Forward Together campaign. With this new gift, Denis Pierce, Pierce & Associates, and the Pierce Family Foundation have contributed almost $1.4 million over three years to address the regional housing and foreclosure crisis. The economy is

Mercy Housing announced today the appointment of Sharon Saxelby as Senior Vice President and Chief Philanthropy Officer. Saxelby’s appointment culminates an extensive national search to establish a new structure for the organization’s philanthropic efforts. She will report to Mercy Housing Chief Executive Officer Sister Lillian Murphy, RSM, and be based out of the national Mercy

Preservation of Affordable Housing (POAH) and Mercy Loan Fund (MLF) have partnered to preserve Central Annex / Union Court Apartments, a 101-unit affordable housing development for the elderly and those with special needs in Pittsfield, Massachusetts. A $2.4 million loan from MLF will allow POAH to maintain the physical asset of the property and ensure

Mercy Housing’s sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. “In the current economic environment, it’s important our donors trust that we’re using our funding wisely to accomplish our mission of providing program-enriched affordable housing for families and individuals,”

by Eva Wingren, Mercy Housing Policy Associate From the proposed short-funding of Project Based Section 8 to the fiscal cliff, it’s been a scary year for affordable housing. There were some 11th hour victories, such as the extension of the New Markets Tax Credit and the 9% fixed rate for the Housing Credit. However, I

U.S. Bank, Mercy Housing California, and New Directions have closed on a financing package that paves the way for El Monte Veterans Housing, a $12.8 million affordable housing development aimed at supporting returning veterans in Los Angeles County who might otherwise be homeless. Construction starts this month with completion expected in March 2014. El Monte

Although the markets are beginning to recover, the economic crash devastated families and neighborhoods throughout the region.  For those who were most affected, recovery remains difficult.  Thanks to many philanthropic and project partners, however, there is hope.  In the first three years of the Moving Forward Together campaign, Mercy Housing has built or preserved 1,583