What are the supporting investments requirements for congregations with loans?
If a congregation has a loan, they are asked to solicit a percentage of the net value of the loan in supporting investments. Newly formed congregations and special ministries are required to have 30% of the net value of the loan in supporting investments. Self-supporting congregations are asked to have 35% of the net value of the loan in supporting investments. Congregations who do not have sufficient supporting investments are subject to an interest penalty which would raise the interest rate by 1% if supporting investments are not within 90% of the requirement and by 2% if not within 75% of requirements.
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