Mission
MERCY BOND PROPERTIES COLORADO I WAS ORGANIZED ON APRIL 3, 2001 AS A CALIFORNIA NONSTOCK, NONPROFIT CORPORATION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING RENTAL HOUSING PROJECTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THIS ORGANIZATION IS TO PROVIDE HOUSING FACILITIES AND EDUCATIONAL AND SUPPORTIVE SERVICES FOR LOW-INCOME AND HOMELESS, POTENTIALLY HOMELESS OR OTHERWISE DISADVANTAGED PERSONS.