Date post: | 12-Jun-2015 |
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UNITED CHURCH OF CHRIST
Church Building & Loan FundCblfund.org
The Nexus of Money & Mission
Our Mission
The mission of the Church Building & Loan Fund
(CB&LF) is to assist congregations younger than 30
years, as well as renewing congregations of any
age, who are planning to buy either a first house of
worship or a land site, or who want to build,
renovate, or refinance their church building, meeting
house, school, parsonage and/or other church
buildings.
Our Origins1852
Delegates of the American Congregational Union pledge $10,000 toward a total of $50,000 to be raised in the first 6 months of 1853.
1853
$62,041 is raised ($1,983,342 in 2013 dollars). 232 churches in 16 states are built from these funds. The first church building society in the United States is born.
Who We Are
The oldest church building loan fund in the United States, assisting thousands of churches with planning and financing church buildings since 1853.
• A Nonprofit 501c3 organization
• Affiliated with Local Church Ministries
• A Loan Fund, NOT a Bank
The Team
• Rev. Dr. Patrick G. Duggan, Executive Director• Ms. Sheila Kinzer, Associate Director & Chief Loan
Officer• Ms. Shaena Ragin, Loan Processor• Ms. Maria Haslam-Sterp, Administrative Assistant• Rev. Priscilla Bizer, Capital Fundraising Executive• Rev. Susan Mitchell, Capital Fundraising Executive
Our Capacity to Serve
• 540 church loan partners (80 active)• $50,000 in 1853 - $57 million in 2014 • $22 million lending capacity• 90% performing loans• 1 new project per month for 160 years
Loan Programs
• Building Purchase (20% down, 4.0% fixed, 20-30 years)
• Site-Purchase (30% down, 4.5% fixed, 20-30 years)
• Construction (30% down, 4.5% fixed, 20-30 years)
• Refinance (negotiable)
• Church Building Disaster Recovery Program (special rates & terms)
• Church Building Energy and Environmental Program
• (up to $100K, 4.25% - 5.375%, 5-7 years)
Capital Campaign Services
Churches that need to raise large sums of money for renovations, a building purchase and/or construction can benefit greatly from the assistance of our Capital Campaign Services team.
CB&LF offers the only professional Capital Campaign Services (CCS) authorized by the United Church of Christ.
Partners in Vision
CB&LF’s planning and technical assistance program created to help churches with large or complex real estate projects.
Designed to help your church discern vision plans and create sustainable, innovative, mission-focused development models.
Partners in Building
Prepares new and renewing congregations to purchase land or a building or begin a church building project within 6-24 months.
Begins with a one- to two-day event where new and renewing churches are introduced to the Church Building and Loan Fund.
Other New Programs
• Church Building Professionals Initiative
Helping churches choose quality building professionals
• Giving Special Thanks Special Mortgage Repayment Program Incentive
• Lease to Own Program
New Church Building Down Payment Matching Program
Our Reason for Being
• We help churches organize money for mission.
• We help finance the present and future church.
• We help create the places where people of faith gather for worship, service and transformation.
We Are Ready to Serve You Today !
Phone 866.822.8224, ext. 3834
Email [email protected]
Web cblfund.orgUCC Church Building & Loan Fund
#cblfund
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