In The News

Mercy Housing’s Policy staff recently met with Senate members of the Gang of 8, an ad-hoc Senate committee seeking to create a bipartisan deficit reduction package to replace sequestration, the devastating $1.1 trillion package of spending cuts scheduled to go into effect January 1st, 2013 unless Congress agrees to a more balanced deficit reduction package.

Thanks to the over 160 people who attended our second annual Mercy Housing Midwest lunch in Nebraska. At the event guests heard from Kimberly and her two daughters on their experience of moving out of Council Bluffs during the 2012 floods and into one of Mercy Housing’s properties in Omaha. Their experience in being involved

Two years ago, Renee hit “rock bottom” as she found herself homeless after escaping domestic violence. Today, she is an empowered single mom, on her way to a social work degree and giving back by volunteering for a local domestic violence crisis and advocacy line. For those of you who were able to join us

Source: Grayslake Patch Lakefront Residences of Grayslake, an affordable senior housing development, recently opened a new 3-story, 70-unit residential building across from Grays Lake at Belvidere and Neville roads. Developed by non-profit Mercy Housing Lakefront, the building features 63 one-bedroom units and seven one-bedroom units with a den. Of the 70 units, 25 will be

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

Reginald Hughes has called the Pullman neighborhood home since 1970. Over the decades, he has witnessed the once thriving community fall into a steady decline. Yet, recently his hope has been restored. Throughout the course of 2012 Reginald has watched as Mercy Portfolio Services worked with Chicago Neighborhood Initiatives and Safeway Construction Company to transform

Our nation has had a wild ride leading up to yesterday’s announcement of President Obama’s re-election. A special thanks to our Resident Services staff throughout the country for making sure that Mercy Housing residents were registered to vote and informed about their civic rights and responsibilities. Congress and the President have some huge issues to

Reginald Hughes has called the Pullman neighborhood home since 1970. Over the decades, he has witnessed the once thriving community fall into a steady decline. Yet, recently his hope has been restored. Throughout the course of 2012 Reginald has watched as Mercy Portfolio Services worked with Chicago Neighborhood Initiatives and Safeway Construction Company to transform Champlain Avenue,

Mercy Loan Fund understands that affordable housing answers only one community need. Commercial lending is often not available, or too expensive, to build facilities in low income communities. MLF has therefore pursued New Markets Tax Credits to expand the suite of financial products available to low income communities. MLF focuses on funding facilities that help

October 2012 Affordable Housing Finance Mercy Housing CEO Sister Lillian Murphy, RSM, was recently featured in Affordable Housing Finance Magazine’s 2012 election guide. This election could have major impacts on the affordable housing industry. When asked about the top housing priority for the incoming 113th Congress, Sister Lillian responded: “Preserve the LIHTC, New Markets Tax