Mercy Housing and Human Development, Inc. is a nonprofit agency that has provided one AFI grant since 2008, with the objective of supporting low-income people through advocacy, direct services, and education.
Mercy Housing and Human Development, Inc. emphasizes homeownership, postsecondary education, and business capitalization, with the goal of diminishing cyclical poverty and strengthening southern Mississippi families, primarily those adversely affected by recent natural disasters, by providing expanded opportunities for economic stability through financial literacy education, savings, improved credit, and the chance to save through IDAs. This grantee has been successful at developing partnerships with public and community-based agencies to support the IDA strategy and developing accessible banking products.
Partners
Mercy Housing and Human Development, Inc. partners with Habitat for Humanity Bay-Waveland Area. Inc., Mississippi Home Corporation, and HOPE Community Credit Union to provide marketing assistance and housing and financial counseling.
Assets for Independence Grant History
Project Title
SavingsWorksII
Highlights/Outcomes
143 IDAs have been opened.
0 participants have received financial education.
$80,150 saved by participants.
28 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$380,000
Total Non-Federal Support: $380,000
Focus Population
Mercy Housing and Human Development, Inc. targets eligible low-income families living in George, Hancock, Harrison, Jackson, Pearl River, and Stone counties in Mississippi.
Contact
Mercy Housing and Human Development, Inc.
1010 Ford St. Gulfport, MS 39503
(228) 896-1945 http://www.mhhd.org/
