Congregational Properties and Loan Commission
The Congregational Properties and Loan Commission (CPLC) was established in April 1996 to promote and facilitate the continued growth of Unitarian Universalist Association (UUA) member congregations and is an appointed committee of the UUA Board of Trustees.Charge
The CPLC manages UUA funds designated to provide service to our congregations that have property and land needs. The CPLC provides support to congregations seeking financing for those purposes.
The CPLC develops, recommends, and implements policy and guidelines for loans, loan guarantees, grants and awards, including fees, terms, and interest rates when applicable.
The CPLC monitors collection of loan repayments, negotiates financing or refinancing bank lines of credit, and regularly reports these activities to the UUA Board of Trustees.
Membership
Six voting members appointed by the UUA Board of Trustees. In addition the following staff positions support CPLC work and attend each of the meetings:
- Staff Liaison, Director of Congregational Stewardship (non-voting)
- Congregational Stewardship Services Administrator (non-voting
- UUA Treasurer (non-voting)
- UUA Financial Reporting Manager (non-voting)
- UUA Financial Advisor (voting member)
Committee Member Term
Two years, normally beginning January 1 of even-numbered years with reappointment allowed three times for a maximum of eight years.
Qualifications
A committee member must hold membership in a Unitarian Universalist congregation. Ideal members will have knowledge of financing, strategic planning, fundraising, and real estate.Time Commitment
Four one-day meetings each year (March, June, September, and December), all held in Boston. Limited time commitment required between meetings.Programs Sponsored By the CPLC
Building Loan Program
The Building Loan Program provides affordable financing for three types of project:
- building or buying a first spiritual home,
- repairing or renovating existing facilities where substantial construction is not required,
- expanding current facilities where substantial construction is required, especially to make facilities more accessible.
The program is not designed to support deferred maintenance and repair efforts.
First Home Grant Program
The First Home Grant gives money to congregations seeking to purchase their first piece of land and/or to construct their first spiritual home. The program is not designed for congregations that already own a building.
Loan Guarantee Program
The Loan Guarantee Program offers to guarantee a loan made by a local lender in cases where the lender requires this support before agreeing to loan money to a congregation. The program is not designed to support deferred maintenance and repair efforts.
Site Acquisition Loan Program
The Site Acquisition Loan Program assists growing, financially healthy congregations that are without significant financial equity to acquire their first piece of land. The
UUA, in consultation with and acting as an agent of a qualified congregation,
will purchase
a site in a location where demographics indicate a high potential for the
growth of
Unitarian Universalism. Note: this program is a loan and not a grant or gift.
Green Construction Award Pilot Program
The Green Construction Award Pilot Program provides financial awards to congregations that have built green and have received LEED certification. This pilot program is in effect until as many as six congregations have earned an award. The program will be re-evaluated in 2010.
Last updated on Friday, April 18, 2008.
