In The News
Mercy 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,
Read MoreBringing preventive health care...
According to the U.S. Census Bureau, Americans age 55 and older number 60 million today. By 2030, the aging of baby boomers will boost this group to 107.6 million – 31 percent of the population. Adults entering retirement are expected to both live longer and have the desire to live more independently than earlier generations. Yet, as the mid-life stage approaches,
Read MoreMercy Housing Seniors Take Charge...
According to the census bureau, there are already more senior citizens in the United States than there were at any other time in American history. The first of our country’s Baby Boomers, celebrated their 65th birthdays in 2011. We are facing a “Senior Tsunami” that will bring with it, both, opportunities and challenges. In the next two decades
Read MoreIt takes a village to raise a child:...
Community Matters Newsletter Summer/Fall 2013 Each day more than 15 million school-age children across the U.S. come home to an empty house. Among them, more than one million are in grades K-5. Research shows that high-quality afterschool programs can lead to improved attendance, behavior and coursework. In fact, students who participate in afterschool programs attend school regularly, exhibit better behavior, receive better grades and score higher
Read MoreCommunity Matters: Groundbreakings...
Mercy Housing California improves affordable housing options for seniors and individuals in San Francisco Mercy Housing California partnered with St. Anthony’s Foundation to break ground on the corner of Jones Street and Golden Gate Avenue to commemorate the start of construction on the Tenderloin’s historic dining hall and the newest affordable housing for low-income seniors in San Francisco. The event
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