Mercy Housing

IllinoisFinanceMultifamily

Associated Bank provides $9.4M equity investment to preserve affordable housing in Uptown neighborhood of Chicago

Associated Bank provided an equity investment totaling $9,450,000 of Low-Income Housing Tax Credit (LIHTC) and Federal Historic Tax Credit (HTC) for the rehabilitation of two…

IllinoisMultifamily

The need for affordable housing has never been greater than in the age of COVID

Chicago had a widening affordable housing gap prior to the pandemic, and the economic fallout of the crisis means that even more families are in…

IllinoisCRE

Chicago selects five finalists to compete for Loop redevelopment project

The city of Chicago and its partners at C40 Cities have selected five local development teams as finalists to purchase and redevelop city-owned land at…

Two Midwest properties shortlisted for ULI’s affordable housing award

The Urban Land Institute (ULI) Terwilliger Center for Housing has announced the finalists for this year's Jack Kemp Excellence in Affordable and Workforce Housing Award,…

Mercy Housing Inc. acquires 33 properties from Franciscan Ministries, Inc., grows portfolio by 20 percent

Mercy Housing, Inc. recently accepted the transfer of 3,666 affordable units from Franciscan Ministries, Inc. Once the acquisition is complete, Mercy Housing's holdings in Illinois…