In The News
Mather assisted housing project...
Source: Sacramento Business Journal Rancho Cordova city officials think a new assisted housing project for disabled homeless veterans near Mather Airport could be months away from breaking ground, after the city council approved a pair of needed entitlements for the Mather Veterans Village this week. Reed Flory, housing services administrator for the city of Rancho
Read MoreMercy Housing California to develop...
Mercy Housing California is accelerating its efforts to improve the standard of living of low-to-moderate income affordable housing residents by creating new financial models for the funding of additional services. With a $160,000 grant from the Citi Foundation, Mercy Housing California (MHC) will work to advance new development models that will allow money saved through
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 MoreIt’s time to build the housing...
It’s time we ended homelessness in America and ensured the lowest income people have access to the decent, affordable housing all of us need. Mercy Housing is a proud partner of the United for Homes campaign to fund the National Housing Trust Fund with revenue from modifications to the mortgage interest deduction. United for Homes is
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 MoreLandmark Partnership Opens 150...
On April 29, 2013, Mercy Housing California will take an important step with local and federal officials and celebrate the opening of a new affordable community for low-income and formerly homeless residents in downtown Sacramento. 7th & H’s new 150 studio and one-bedroom apartments is a key component of the city and county’s effort to
Read MoreResident Profile: Johnnie Dickerson...
Johnnie Dickerson credits Mercy Housing for saving his life. Literally. Johnnie is a retired 67-yearold who resides at Mercy Housing’s The Atrium at Collegetown in Atlanta. Every Monday, Dr. Ayanna Buckner from Morehouse School of Medicine stops by Johnnie’s home for a check-up. On one particular cold, December Monday, Dr. Buckner noted something of concern
Read MoreDonor Spotlight: Dignity Health...
It’s only fitting that Dignity Health is the Presenting Sponsor of Mercy Housing’s 30th Anniversary Gala this summer. The two organizations have been partners for 23 of those 30 years. Dignity Health is dedicated to delivering high-quality, affordable health care services in a compassionate environment that meets each patient’s physical, mental and spiritual needs. Working together,
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