The purpose of the Capital Assistance Fund is to provide financial assistance for the renewal and development of congregations, camps, education centres, community ministries, and chaplaincies. Assistance is available in the form of loans and targeted grants for eligible pastoral charges/congregations and other ministries that would otherwise be unable to undertake or complete these projects.
Low-interest loans are the main way the church invests in local projects. The ability to repay a loan is obviously a key factor. In this way, money is "recycled" for use in various ministry situations. Loans of more than $100,000 are secured by mortgage.
Some grants are available, especially in financially limited situations. Please check the eligibility criteria carefully, since monies are intentionally targeted toward smaller mission units.
|Financial Resources Handbook: Abbreviated Edition 2019||407.67 KB|