building loans

Creative ways to use your church property

Leaders at First Presbyterian Church in Knoxville, Tennesee, had a difficult decision to make. The congregation had existed on a downtown block for more than 200 years. It has had three sanctuaries on the site and the graveyard has tombs for signers of the United States Constitution. Numerically, the historic congregation was holding steady, but its most recent building was old and in decline. Should members invest in costly renovations so that the building could be used for 21st-century ministry? Or should the congregation move to a more modern space closer to where the members live?