We work with the Pastor and the church’s vision to develop a facility and campus layout (Master Plan) that will clearly communicate the Building Program’s Design, Uses, and Schedule for completion.
CBA will meet with your church and complete a Standard Program Questionnaire, a Budget Outline, and Preliminary Site Development worksheet for your project.
From the information collected, we will then partner with architects to create a set of Preliminary Drawings that include a Floor Plan and Building Elevation. To get started on the preliminaries we will need a copy of your properties topographic and boundary survey, one of our Project Developers are able to assist with this process.
Building Fund: The first step in raising money for expansion for many churches is to start a building fund. Putting the finance department on a strict diet to consistently set aside a portion of the weekly contributions for the building project is a must. These funds can be used to significantly offset funds that are financed.
Capital Gifts Campaigns: Asking church members to pledge a certain amount toward the building project on a regular basis over a one, two or three year period of time. Employing an independent company to launch and carry out the campaign may prove useful. A church can realistically expect to raise 1.5 to 2 times last year’s annual income over a three-year period.
Financing Your Projects
Investment Bankers: Full service lending institutions that offer consulting services to a church in the planning stages of its building program can provide technical assistance in the capital gift campaign, and provide the long-term financing through the issuance and sale of real estate mortgage bonds.
Denominational Sources: Some jurisdictional leaders help with financing building projects.
Conventional Mortgage Loans: Mortgage bankers sometimes have access to insurance companies and other investors who may have money available to loan. In some cases based on the legal structure of your church, they can secure loans that have better rates of return than the bank.
Loan Portfolio:
Loan request and description of project Your current church status History and projections of your church Financial statements and/or audit General statistics Description of property to be mortgaged.
Bond Programs: Using treasury notes that are purchased by church members, and national bond investors, are other forms of financing for church building projects. Bonds work well for churches who understand the benefits of members earning a return from the monthly mortgage payments made by the church, and the fact that their investment is backed by the real estate and property of the church.
Build it Debt Free: We often tend to forget the hand of a supernatural God. God is able to send the landowner to your office with the deed in hand. He is also able to allow for a handful of the faithful to pay the whole note off
Building Committee and Advisory Team
Create a Team:
- Meet with your leaders.
- Talk to your congregation.
- Appoint the committee.
Choose leadership that can take the vision and apply practical guidance to the needs assessments, budget constraints, and ability of the congregation. Your committee should be led of the Lord; able to follow the vision of the church, and make decisions that they will stand behind.
Committee Purpose:
-Communication of the building program, needs, and strategy.
-Interviewing and selecting the architect and builder.
-Assisting in the choosing and purchasing of a site.
-Helping to secure finances.
-Handling contracts thoughout the building program.
-Working directly with the architect and builder, while meeting regularly during planning and construction.
-Authorizing payments.
-Staying abreast of progress, and providing regular status and progress updates to the pastor, church board, and membership.