In The News

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

More than a dozen employees from Equity Residential teamed up earlier this fall to complete the final stage of landscaping and construction for a new patio space at the Margot and Harold Schiff Residences on Chicago’s near north side. During the day, the group planted trees and flowering bushes, weeded the prairie garden, spread mulch

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

More than a dozen employees from Equity Residential teamed up earlier this fall to complete the final stage of landscaping and construction for a new patio space at the Margot and Harold Schiff Residences on Chicago’s near north side. During the day, the group planted trees and flowering bushes, weeded the prairie garden, spread mulch and gravel,

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

This year’s fundraiser supporting programs and services at Mercy Housing Colorado properties across the state was a great success. Thanks to the support of friends and donors like you, more low-income Coloradoans like Megan and Victor who shared their personal stories at the event, will continue to have access to life-changing programs and services. We