Mercy Housing
Mercy Housing is a national nonprofit affordable housing organization in the United States.
Last updated September 15, 2026
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Overview
Mercy Housing is a national nonprofit organization that develops, finances, and operates affordable, program-enriched housing for families, seniors, and people with special needs. It describes itself as one of the nation's largest affordable housing organizations and works to eliminate homelessness and housing insecurity. Its story began in the early 1980s when founder Sister Timothy Marie O'Roark, a Sister of Mercy of Omaha, worked as a legal aid attorney with families facing eviction, leading the Sisters of Mercy in Omaha to adopt affordable housing as a sponsored ministry.
History
Mercy Housing's story begins in the early 1980s, when founder Sister Timothy Marie O'Roark, a Sister of Mercy of Omaha, served as a legal aid attorney in Omaha, Nebraska, working with families facing eviction. She appealed to the Sisters of Mercy in Omaha to adopt affordable housing as a sponsored ministry, and the Sisters accepted her proposal with an initial investment of $500,000. Sister Mary Terese Tracy, RSM, was drafted to lead the new initiative and served as the organization's first president and CEO. On Christmas Eve, 1981, Mercy Housing, Inc. was incorporated as a Nebraska nonprofit corporation. To familiarize themselves with the affordable housing industry, the Sisters enlisted the help of Jim Tomlinson, a real estate professional in Idaho, who served on the first board of directors.
Products and positioning
A leading affordable housing organization working to eliminate homelessness and housing insecurity.
Product categories. affordable rental housing · program-enriched housing
Sources5 sources
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