Mercy Housing
Mercy Housing is a 501(c)(3) nonprofit founded in 1981 that develops, manages, and finances affordable rental housing plus resident services for low-income families, seniors, veterans, and individuals with disabilities across 45 states and Puerto Rico.
- Company typePrivate
- Founded1981
- HeadquartersDenver, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Mercy Housing does
Mercy Housing is a 501(c)(3) nonprofit affordable housing organization founded in 1981 and headquartered in Denver, Colorado. The organization develops, preserves, manages, and finances affordable, program-enriched rental housing for low-income families, seniors (62+), veterans, and individuals with intellectual and developmental disabilities (IDD), serving households earning 30%-80% of Area Median Income. Operations are organized through five regional divisions—California, Lakefront (IL/WI/IN), Mountain Plains (AZ/CO/IA/MO/NE/UT), Northwest (WA/OR/ID), and Southeast (AL/GA/KY/NC/OH/SC/TN)—extending the organization's footprint to 45 states plus Puerto Rico and supporting 47,000+ current residents across roughly 357 properties.
The organization's core products comprise affordable housing development, property management, the Mercy Community Capital financing affiliate, and a resident services program delivered at approximately 75% of properties covering health and wellness, after-school education (including the Mercy Scholars program), financial stability, and community engagement. Technological differentiation centers on energy-efficient building practices: multi-year appliance, insulation, and lighting retrofits have yielded over 417,000 kWh and 48,000 therms in energy savings, nearly $650,000 in resident cost savings, and prevented 1.4 million pounds of carbon emissions (2022-2025). Transit-oriented development partnerships with Sound Transit have produced co-located communities such as Connection Angle Lake (130 units) and Kent Multicultural Village (233 units), with the latter reserving 20% of units for individuals with IDD.
Revenue mechanics are structured as a 501(c)(3) nonprofit with multiple parallel flows: rental and operational revenue from managed properties, Low-Income Housing Tax Credit syndication proceeds, developer fees from Mercy Community Capital, government and foundation grants (notably from the CDFI Fund, CalOptima, Bank of America, Wells Fargo, JPMorgan Chase, Amazon Housing Equity Fund, and U.S. Bank Foundation), and philanthropic contributions from individuals, workplace giving, and planned giving/estate vehicles. Pricing for residents is income-based, scaled against Area Median Income tiers ranging from 30% to 80% depending on property. The organization has an EIN of 47-0646706, no parent company, and is governed by a board of directors. Revenue is not publicly disclosed.
Mercy Housing firmographics
Firmographics- Name
- Mercy Housing
- Legal name
- Mercy Housing Inc.
- Website
- https://mercyhousing.org
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Mercy Housing is a 501(c)(3) nonprofit founded in 1981 that develops, manages, and finances affordable rental housing plus resident services for low-income families, seniors, veterans, and individuals with disabilities across 45 states and Puerto Rico.
- Ownership category
- akta.pro rank
Mercy Housing industry classification
Industry- Product category
- Affordable Housing Services
- NAICS
- Community Housing Services (62422), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Other Residential Care Facilities (623990)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Housing Assistance & Homeless Services (BPAGAEAB), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)
Keywords
Where Mercy Housing is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Mercy Housing business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D, Others
Revenue model
- Affordable Housing Operations: Development, preservation, management, and financing of affordable, program-enriched housing for low-income populations including families, seniors, and people with special needs.
- Government Incentives and Tax Credits: Energy efficiency incentives from utilities, Low-Income Housing Tax Credits, and grants from government agencies and foundations supporting affordable housing development and resident services.
- Philanthropic Donations: Charitable contributions from individuals, corporations, and foundations. 90% of every philanthropic dollar is directed to charitable programs. EIN 47-0646706.
- Workplace Giving Programs: Federal, state, and private sector employees support Mercy Housing through employer-provided giving programs via payroll deductions.
- Planned Giving and Estate Gifts: Legacy Circle program accepts gifts through wills, stock, cryptocurrency, and other estate planning vehicles.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Income-based affordable housing for very low-income families (30-60% AMI) |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Mercy Housing product offering
Product offeringCore offering
Mercy Housing develops, finances, owns, and manages affordable rental housing for low-income families, seniors, veterans, and individuals with special needs across 45 states and Puerto Rico. Through five regional offices, the organization also provides on-site resident services covering health and wellness, after-school programs, financial stability, and community building, and operates Mercy Community Capital, a lending affiliate financing affordable housing developments.
Product overview
Mercy Housing is a national nonprofit affordable housing organization offering a comprehensive portfolio of housing and support services. The organization operates through five regional divisions (California, Lakefront, Mountain Plains, Northwest, Southeast) providing affordable housing development, property management, and resident services. Key offerings include Mercy Community Capital for housing financing, Resident Services for health/wellness and educational programs, and the Mercy Scholars Program for youth academic enrichment. Since 1981, the organization has helped provide homes for more than 250,000 people across 45 states and Puerto Rico.
Differentiator
Problem solved
Functional benefit
Products and services
- Affordable Housing Development
- Property Management
- Resident Services
- Mercy Community Capital
- Mercy Scholars Program
Quantifiable outcome
- Energy savings of over 417,000 kWh and 48,000 therms generated through efficiency upgrades
- +4 more outcomes
Companies that use Mercy Housing
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Mercy Housing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mercy Housing partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Multi-Family Energy Savings (ComEd, Nicor Gas, North Shore Gas, Peoples Gas)coreMulti-year energy efficiency partnership from 2022-2025 installed efficient appliances and equipment in over 2,000 affordable housing units, earning more than $1.5 million in incentives. ComEd contributed approximately $886,000, Nicor Gas $126,000, and Peoples Gas and North Shore Gas combined $523,000 to offset installation costs.
- Association for Individual Development (AID)coreMental health partnership providing programs tailored to unique community needs at Marian Park, Colony Park, and Batavia Apartments through DuPage County and Kane County Mental Health Programs. Group sessions occur once or twice per month covering topics like coping with anger and frustration.
- Open Doors for Multicultural FamiliescorePartnership to build affordable housing for families and individuals with intellectual and developmental disabilities (IDD). Projects include Kent Multicultural Village (233 units) adjacent to Kent/Des Moines light rail station, with 20% of units set aside for IDD community and an inclusive Early Learning Center and Family Resource Center.
- Sound TransitcoreTransit-oriented development partnership creating affordable housing near light rail stations. Projects include Connection Angle Lake (130 units in SeaTac near Angle Lake station), Kent Multicultural Village adjacent to Kent/Des Moines station, and Federal Way developments near new Link stations.
- The Arc of King CountycoreLong-term partnership serving individuals with intellectual and developmental disabilities. The Arc was invited to a resource event in 2015 and has partnered on Connection Angle Lake, serving as headquarters for The Arc Legacy Center and providing 26 units reserved for residents with IDD.
- Mary's PlacecoreInnovative campus partnership in Burien bringing together emergency shelter (200 family members per night) and 90 permanent affordable apartments. Of the apartments, 34 are for very low-income families transitioning from shelter, part of Mary's Place's proven three-pronged approach to family homelessness.
- City of San FranciscocorePartnership for 600 Seventh Street development providing 220 apartment homes for families earning up to 78% of Area Median Income, with 120 homes for permanent supportive housing. Mayor Daniel Lurie praised the development as addressing housing insecurity.
- Episcopal Community Services (ECS)corePartner for 600 Seventh Street providing comprehensive onsite support services including case management, health, and employment services using whole-person approach to addressing homelessness and poverty.
- Matter HealthcoreOn-site, one-on-one, high-quality healthcare provider for seniors at The Atrium at Collegetown in Atlanta, addressing healthcare accessibility and affordability for residents.
- Share Our Strength's No Kid HungryminorNational campaign partnership to improve food access through the Nutrition in Housing pilot program transforming food environments in affordable housing communities across four U.S. cities.
- Financial Empowerment CentercoreOne-on-one financial coaching, workshops, and goal-setting support to strengthen financial well-being of residents at The Rose on Colfax, Grace Apartments, and Holly Park.
- ROSE Community Development CorporationcorePartnership for Berry Ranch development in Portland Metro area, featuring 50 affordable, energy-efficient homes set aside for families and individuals with disabilities.
- REACH Community DevelopmentcorePartnership for Elmonica Station development near MAX Station in Beaverton, creating 81 new apartment homes.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Mercy Housing competitors and assessment
Company assessmentDirect peers
- National Church Residences: Faith-based nonprofit developer and operator of affordable senior housing across 25+ states; comparable to Mercy Housing's senior housing portfolio and its faith-affiliated origins.
- Enterprise Community Partners: One of the largest U.S. nonprofit affordable housing developers and LIHTC syndicators; explicitly cited as a Mercy Housing financing partner and a near-perfect analog in mission, scale, and capital stack.
- BRIDGE Housing: California-headquartered nonprofit affordable housing developer with ~8,500+ homes and a focus on family, senior, and supportive housing — directly comparable in resident mix and mission to Mercy Housing California.
- Habitat for Humanity International: Nonprofit affordable housing organization operating in all 50 states and Puerto Rico; while focused on homeownership rather than rentals, it is a comparable national-scale nonprofit housing peer with similar donor and volunteer models.
- Volunteers of America National Services: Nonprofit that combines supportive and affordable housing with human services for seniors, veterans, and families — closely aligned with Mercy Housing's resident services + housing model.
- Preservation of Affordable Housing (POAH): Nonprofit that preserves and operates affordable rental housing across multiple states, often layering supportive services — closely comparable in operating model and geography.
- NHT-Enterprise Preservation: Joint venture of LISC and Enterprise focused on preserving aging affordable rental housing using LIHTC recapitalizations — a comparable nonprofit model to Mercy Housing's preservation work.
Broad incumbents
- L+M Development Partners: For-profit affordable and mixed-income developer active in the same Northeast and West Coast markets where Mercy Housing operates; competes for 9% LIHTC awards and supportive housing deals.
- WinnCompanies: Major affordable and market-rate multifamily owner/manager; competes with Mercy Housing for property management mandates and affordable housing acquisitions nationwide.
- Related Companies (Related Affordable): Large for-profit developer with a dedicated affordable housing arm; competes for the same LIHTC deals and urban sites as Mercy Housing but at materially larger scale and with different capital structures.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mercy Housing social profiles
Digital presenceMercy Housing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mercy Housing leadership team
Management profileNumber of profiles
Profiles6 records
Mercy Housing subsidiaries and ownership
Company hierarchySubsidiaries10 records
Mercy Housing funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mercy Housing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mercy Housing
What does Mercy Housing do?
Mercy Housing develops, finances, owns, and manages affordable rental housing for low-income families, seniors, veterans, and individuals with special needs across 45 states and Puerto Rico. Through five regional offices, the organization also provides on-site resident services covering health and wellness, after-school programs, financial stability, and community building, and operates Mercy Community Capital, a lending affiliate financing affordable housing developments.
Is Mercy Housing a public or private company?
Mercy Housing is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Mercy Housing founded?
Mercy Housing was founded in 1981. It employs 1,001 to 5,000 people.
Where is Mercy Housing based?
Mercy Housing is headquartered in Denver, United States, in the North America region.
How does Mercy Housing make money?
Five revenue lines are on record. Affordable Housing Operations are the primary driver. The others are government Incentives and Tax Credits, philanthropic Donations, workplace Giving Programs and planned Giving and Estate Gifts.
Who are Mercy Housing's main competitors?
Direct peers on record are National Church Residences, Enterprise Community Partners, BRIDGE Housing, Habitat for Humanity International, Volunteers of America National Services, Preservation of Affordable Housing (POAH) and NHT-Enterprise Preservation. Broad incumbents are L+M Development Partners, WinnCompanies and Related Companies (Related Affordable).
Does Mercy Housing have an API?
No public API is recorded for Mercy Housing.
What industry is Mercy Housing in?
Mercy Housing's product category is Affordable Housing Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAGAEAB, Housing Assistance & Homeless Services. Its NAICS code is 62422 and its SIC code is 8300.