August 1, 2008

Receive Funds for Your Church Project at Three Points Less

Church Executive Magazine
Nathan A. Adams IV
Mr. Adams' article explains the option of using tax-exempt bond financing, a benefit available to all non-profit organizations, which now includes religious institutions. This specific federal financing applies to an institution's structures, such as a school, healthcare clinic, athletic hall and other social facilities, but not to a place offering direct religious worship, such as a chapel. Although this is great news for churches, some states hold more restrictive laws regarding this mandate, which can limit the ability to receive the finances. To read the full article, please click on the below link.

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