In The News

Emely Urbina | Colony Park UC – Berkeley Since the age of three, Emely has called Columbia Park—where she lives with her grandmother—home. “This home, this community has been the most stabilizing force in my life,” she recently shared. An aspiring conservation scientist, this first-generation college student is one of the 2025 EPIC grant awardees.

Bruce has more than 30 years of experience in the field of affordable housing finance. In particular, the Section 42 Low Income Housing Tax Credit (LIHTC) program. Throughout his career, Bruce has advised and assisted developers, housing authorities, managers, equity investors and public and private lenders in the financing and management of federally assisted affordable

Raan | Crestview Village Apartments University of Nebraska – Lincoln When Raan looks at the world, he sees a place where stories are not only written but told. As a youth resident at Mercy Housing Crestview Village Apartments, where he lives with his family, Raan has always had an affinity for storytelling. “I have always

Antonio Camacho | White Rock Village Folsom Lake College The EPIC Educational Support program, developed by Mercy Housing in collaboration with its partner, EPIC, aims to provide grants to residents in support of their post-secondary education. The program helps residents obtain the education and skills they need to achieve their goals. The recipients can use

In June, alongside our partners at The Arc of King County, we held a special panel discussion and conversation about the dire housing needs of people with intellectual and developmental disabilities (IDD). The Arc of King County and Mercy Housing Northwest are partnering on Mercy Angle Lake Family Housing in SeaTac. When this brand-new community opens

In August 2024, Mercy Housing Northwest, in partnership with Whatcom Community Foundation, celebrated the grand opening of Mercy Millworks Family Housing on the waterfront near the Port of Bellingham. Half of the homes are two—and three-bedroom units, meeting a critical need for more affordable family housing in Whatcom County. Mercy Millworks features 83 new, affordable,

Mercy Community Capital has received a 2024 Capital Magnet Fund award. The award is being used to create a new permanent loan product available for projects in Arizona, California, Colorado, Florida, Georgia, Ohio, Texas, Wyoming, or rural census tracts in any state. To qualify, the project must have at least 50% of units at 60%

The Affordable Housing Program (AHP) is a competitive grant program that provides gap financing for the acquisition, rehabilitation, or new construction of qualifying owner-occupied and rental housing projects. This year’s AHP round for the Federal Home Loan Bank of Topeka opened July 1 with a maximum subsidy of $1.5 million per project. The round closes

Franny is part of a supportive family but has faced unique challenges that require a wider safety net. When she was born, her parents were informed she wouldn’t live past two years old due to a rare genetic disorder that causes severe health complications. 41 years later, Franny says, “I’m still here, thank you, Lord.”

In June, MCC closed a construction-to-permanent loan in support of Delara Chase, a 116-unit 9% LIHTC rehab project with 110 units limited to 30%, 50%, and 60% AMI, including 20 units supported by a Section 8 HAP contract. Originally, the project was expected to receive funds through the Greenhouse Gas Reduction Fund (GGRF). However, due