Mercy Community Capital
Since 1983, Mercy Community Capital, a certified Community Development Financial Institution (CDFI), has provided capital to socially responsible developers in support of affordable housing and essential community projects.
The community kitchen at a Denver Community funded by Mercy Community Capital.
Homes for Crow Nation
Mercy Community Capital provided a $1 million loan to Apsáalooke Nation Housing Authority (ANHA) for the preservation of 31 affordable housing rental units consisting of a 14-unit property for seniors, one duplex for families, and 15 single-family homes. These scattered-site properties are spread throughout the Crow Nation reservation in Big Horn County, Montana, housing 113 Native American residents with incomes between 30-60% of AMI.
This loan provided funding for the rehabilitation of homes where there is not enough electricity to provide adequate heating, roofs are leaking, and unsafe flooring is commonplace.
This is MCC’s first loan to ANHA, whose goal is to create and maintain safe, sustainable, and culturally enriched housing solutions for Crow Tribal members. Residents are also provided enriched services, including financial counseling and financial literacy classes, transportation services, and youth programs.
MCC created or preserved 4,966 homes, serving
11,036 residents
2023 Impact
8,930 Residents in Family Properties
1,410 Seniors
417 Formerly Homeless
180 Special Needs
99 Veterans
For every $1 invested, MCC helped to create or preserve
$22.52
of affordable housing
Households saved
$51 million
compared to how much they would have paid for market-rate rent, or for homeowners, average market sale price.
MCC Board
Tom Byers
Cedar River Group
Jaime Gomez
Colorado Housing and Finance Authority
Jaya Johnson
Mercy Housing, Inc.
Sister Marilín Llanes, OP
Adrian Dominican Sisters
Timothy Martin
Enterprise Community Loan Fund
John Powell
Bellwether Enterprise Real Estate
Noni Ramos (Chair)
Housing Trust of Silicon Valley
Catalina Vielma
Boston Financial Investment Management