Authors Posts by Mercy Housing

Mercy Housing, a national nonprofit organization, is working to build a more humane world where poverty is alleviated, communities are healthy and all people can develop their full potential. We believe that affordable housing and supportive programs improve the economic status of residents, revitalize neighborhoods and stabilize lives.

Mercy Housing creates stable, vibrant and healthy communities by providing affordable, service-enriched housing for families, seniors, and people with special needs.

Telephone: 303-830-3300
Toll Free: 866-338-0557
TTY: 303-877-8973 or 711
Fax: 303-830-3301

Mercy Housing

PERMANENT HOUSING FOR HOMELESS AND LOW-INCOME FAMILIES BREAKS GROUND

Mercy Housing Northwest, in partnership with Paul G. Allen Philanthropies, the City of Seattle, and the Seattle Seahawks, broke ground on the Mount Baker Family Housing & Resource Center. Expected to open in early 2020, the permanent housing facility and its ground floor Family Resource Center will provide affordable housing and services to Seattle-area families with children experiencing or at risk of homelessness.
Mercy Housing

$6.7 MILLION LOAN MAINTAINS ESSENTIAL AFFORDABLE HOUSING FOR SENIORS IN CENTRAL MASSACHUSETTS:

Mercy Loan Fund (MLF) has provided a crucial loan to acquire and rehab Emanuel Village Apartments for low-income seniors. In Worcester, 40 miles west of Boston, 61% of seniors are earning less than $40K annually.
Mercy Housing

LONG BEACH CELEBRATES THE REDEDICATION OF ST. MARY TOWER

With rental prices on the rise, local organizations partnered to renovate and improve St. Mary Tower, an amenity-rich affordable housing community for seniors. Mercy Housing California (MHC) is pleased to announce the successful completion of large-scale renovations and upgrades to St. Mary Tower
Mercy Housing

EPIC’S NATIONAL REAL ESTATE FORUM RAISES $40,000 CONTRIBUTION FOR A MERCY HOUSING COMMUNITY

The National Real Estate Practice of EPIC Insurance Brokers and Consultants announced the contribution of over $40,000 to the Chamblee Senior Residences to enhance the community kitchen and offer healthy cooking demonstration classes for residents. In addition, the contribution will fund “train the trainer” course on slip-and-fall prevention classes for the senior residents, one of the most common accidents for seniors at home.
Mercy Housing

SENIOR RESIDENCES AT MERCY PARK RECEIVES NATIONAL HONOR FOR EXCELLENCE IN AFFORDABLE HOUSING

Senior Residences at Mercy Park, a 79-apartment affordable senior housing community just outside of Atlanta, received honorable mention in the Senior Housing category at the 24th annual Charles L. Edson
Mercy Housing

LOW-COST, RAPID-RESPONSE FINANCING FROM CDFIS NOW AVAILABLE FOR AFFORDABLE HOUSING AND COMMUNITY FACILITIES RECOVERING...

Affordable housing providers and community facilities in communities damaged by recent disasters can now apply for rapid-response financing available at favorable terms. Three community development financial institutions (CDFIs) — Enterprise Community Loan Fund (Enterprise), Mercy Loan Fund and NeighborWorks Capital — are partnering to offer $15 million in capital
Mercy Housing

MERCY HOUSING AND NAHT CLOSE ON $14.3M OF EQUITY TO BENEFIT REHABILITATION OF HOLLY...

With a focus on leveraging housing as a platform to ensure access to social services opportunities for low-income families, National Affordable Housing Trust (NAHT) is proud to announce the closing of Holly Park. NAHT closed on the property in partnership with Goldman Sachs Bank and Mercy Housing
Mercy Housing

LARGEST LOCAL REAL ESTATE FIRM LAUNCHES “HOME FOR THE HOLIDAYS” FUND

During the season of giving, Your Castle Real Estate is proud to announce their new “Home for the Holidays” fund to benefit Denverites with barriers to housing. Your Castle founder Lon Welsh and president Charles Roberts are kicking off the fund with a $15,000 donation to Mercy Housing, a local nonprofit that provides affordable housing and self-sufficiency programs.
Mercy Housing

MERCY HOUSING AND COMMON BOND COMMUNITIES ANNOUNCE NEW FINANCING MODEL TO PRESERVE UNSUBSIDIZED AFFORDABLE...

Mercy Housing and CommonBond Communities announced their demonstration of a new financing execution with Freddie Mac that encourages the preservation of unsubsidized affordable housing, known as naturally occurring affordable housing (NOAH). This new “Impact Gap Financing” execution, offered by Freddie Mac, will give mission-driven nonprofits and socially-motivated impact investors an important financing tool to acquire and invest in NOAH properties and ensure they remain affordable for low-income and working families over the long-term
Mercy Housing

MERCY LOAN FUND RATING INCREASED TO AA+

Aeris has upgraded Mercy Loan Fund (MLF) from AA to AA+ on the standard Wall Street scale, putting MLF in the top 15% of rated Community Development Financial Institutions (CDFI). MLF’s rating has increased three levels in the past two years. Aeris Financial Ratings asses capitalization, asset quality, management, earnings, and liquidity to evaluate the financial strength of CDFIs.
Mercy Housing

MERCY HOUSING MAKES AFFORDABLE HOUSING GREEN THROUGH ENERGY AND WATER EFFICIENCY UPGRADES

Mercy Housing, the largest affordable housing nonprofit in the country, announced today that it has upgraded six of its California properties with efficiency measures that will reduce the amount of energy and water consumed in the buildings. The upgrades were supported by Mercy Housing’s Green Hope sustainability program, designed to reduce consumption of natural resources, reduce waste, and create healthier living environments with no reduction in quality of service to the resi
Mercy Housing

BCER GROUP AND WISH FOR WHEELS PARTNER TO BRING BIKES TO MERCY HOUSING CHILDREN

Thanks to the BCER Group and Wish for Wheels, two Colorado organizations, dozens of children living at Parkside Apartments in Denver, Colorado now have bikes! On August 11, 2017, BCER Engineering, a Colorado-based engineering firm, partnered with Wish for Wheels, a nonprofit that gives bikes to kids from low-income families, to build 25 bikes for the children living at Parkside Apartments, a Mercy Housing community in Denver, Colorado.
Mercy Housing

NEW 70-UNIT AFFORDABLE HOUSING DEVELOPMENT IN KANKAKEE SLATED FOR DECEMBER OPENING

Mercy Housing Lakefront announced today that it will begin accepting applications on September 5, 2017 for River Station Senior Apartments, a 70-unit affordable housing development in Kankakee designed for low-to-moderate-income seniors. Part of a broad community revitalization strategy in a key area of downtown Kankakee, the project is a collaboration between Mercy Housing Lakefront, the Kankakee County Housing Authority (KCHA), Presence St. Mary’s Hospital and the City of Kankakee.
Mercy Housing

HEALTHCARE SECTOR MUST INVEST IN HOUSING TO IMPROVE HEALTH OF MOST VULNERABLE

As Congress grapples with the future of healthcare, politicians, advocates, and others would do well to take a page from a recent report published by Mercy Housing and the Low Income Investment Fund (LIIF), titled “Innovative Models In Health and Housing.”
Mercy Othello Plaza Now Open

Mercy Housing Northwest celebrates Grand Opening of transit-oriented development in Rainier Valley

Mercy Housing Northwest (MHNW), a non-profit affordable housing provider, announces the grand opening of its newest property, Mercy Othello Plaza, on Saturday, July 8, 2017 at 11:00 AM. Special guests presiding over the ribbon cutting ceremony include Dep. Mayor Hyeok Kim, County Executive Dow Constantine, Wayne Lau of Rainier Valley Community Development Fund and Mona Lee of Othello Park Alliance. Together with Mercy Housing board and staff, they are joined by new residents of Mercy Othello Plaza, partners/funders and members of the Othello neighborhood.

SIMPSON HOUSING GIVES BACK TO COMMUNITY THROUGH VOLUNTEER EFFORT

Simpson Housing® LLLP today announced that it is celebrating the 10-year anniversary of its flagship national corporate volunteerism initiative, “Simpson’s YOU Make a Difference,” through a massive volunteer effort.

Business Real Estate Press Releases

Joel MacIntosh WolfNet CEO

WolfNet Helps Customers Set A Real Estate Property Alert “Speed Record”

WolfNet®, the real estate industry’s most trusted MLS data standardization provider and leading innovator of IDX solutions and website services, announced the launch of its new data loader dubbed “PropertyPipeline” to significantly increase its data refresh speed that will benefit more than 250,000 real estate agents

Recent Gov & Nonprofit Real Estate Press Releases

DOE

Department of Energy Announces Investment to Improve Resilience and Reliability of...

The U.S. the Department of Energy (DOE) released a $5.8 million funding opportunity announcement (FOA) to support the research and development (R&D) of advanced tools and controls that will improve the resilience and reliability of the nation’s power grid. Under this FOA, DOE’s Office of Electricity (OE) Transmission Reliability Program will seek applications that explore the use of big data