U.S. Churches Use “Gift of Place” for Mission and Real Estate Development
Trinity Church Wall Street, in partnership with the CEEP Network, recently brought together leaders from the Episcopal Church in a virtual conference, "The Gift of Place: Developing Church Property for Financial Capacity." Learn more about how U.S.-based parishes are developing their properties to support ministry and serve the needs of their communities.
Mission Real Estate Development grants are available to support feasibility studies and construction/business projects that will generate income for ministry.
Professional assessments of multiple income-generation project opportunities that help the recipient diocese/institution to identify an investment that will suit their market, experience, and financing.
Compare and contrast multiple investment opportunities
Produce a bankable document that can be used to secure developer or bank financing
Be conducted by independent, professional real estate consultants
Construction/business projects that will serve a primary purpose of generating income for the recipient diocese or institution. The most common real estate business models pursued by our partners include office; retail; multifamily and student housing; hospitality and conferencing; and schools.
Trinity offers guidance in visioning and transaction structuring for potential real estate development projects, and in grant utilization priorities as well as general organizational and governance considerations for grant administration and project execution.
Completed feasibility study
Completed business plan
Some existing financial contributions to the project, in the form of local fundraising, loans, or other grant awards