Mercy Housing

Mercy Housing News

Return to the Mercy Housing 

Thumbnail for Housing Partnership Equity Trust Launches With $100 Million In Funding For Affordable Multifamily Housing

Housing Partnership Equity Trust Launches With $100 Million In Funding For Affordable Multifamily Housing

The newly formed Housing Partnership Equity Trust today announced it has raised $100 million and has begun investing in multifamily properties. Read More

Grantees Launch Innovative Foreclosure Prevention Program

The U.S. Treasury has approved the launch of the Mortgage Resolution Fund developed by Mercy Portfolio Services, a nonprofit organization created with start-up funding from the Foundation. Read More

Window of Opportunity Investment Summary

The MacArthur Foundation is investing $150 million to preserve and improve affordable rental homes across the U.S. Read More

Stabilizing Neighborhoods Hit by Foreclosure Crisis

Mayor Richard M. Daley outlined the city’s plans for using more than $55 million from federal and private sources to revitalize Chicago neighborhoods hardest hit by the national mortgage foreclosure crisis. Read More