Mercy Housing is a nonprofit organization committed to creating affordable housing, inclusive communities, and inspiring dreams. Since its establishment in 1981, the company has aimed to alleviate poverty, promote healthy communities, and help individuals realize their full potential. Mercy Housing believes that affordable housing and supportive programs not only improve residents' economic status but also contribute to the transformation and stabilization of neighborhoods.
The organization provides affordable, program-enriched housing to various demographics, including low-income families, seniors, and individuals with special needs across the United States. Mercy Housing's efforts involve the acquisition and renovation of existing housing as well as the development of new properties. While the majority of their homes are rental, they also offer homeownership opportunities in different communities.
Notably, Mercy Housing received a significant $15.00M grant investment from CalOptima on 11 October 2023. This funding is expected to further support the company's mission and contribute to its ongoing initiatives within the Health Care and Hospitality industries.