January 1, 2021
How the Pandemic Impacted Construction Loans
Three Leaders of Church-Lending Organizations Discuss How They Are Building on a Strong Foundation in Uncertain Times Early in 2020, as the global pandemic unfolded, the uncertainty and economic losses seemed to spell disaster both for churches looking to build or expand their facilities and for the financial institutions that provide loans to these ministries. How can churches expect to build when they can’t even safely meet in person? How can giving and lending hold steady when the economy is flailing and so many people are out of work? Now, mere months later—albeit long months—the worst fears did not happen.
