The Presbyterian Church Building Corporation (PCBC) reported on how it assists congregations and other PCC ministries by providing guarantees for loans for church building projects, and assists with housing for retired servants of the church.
Cake was cut to celebrate PCBC’s 50th anniversary. During this time, it has provided assistance to 233 church building and renovation projects for an aggregate of over $54,000,000 in approved loans. In 2017, three loans were approved and three congregations retired their loans. The corporation currently supports 15 congregations with approved loans of over $5,200,000 and assists with housing for ten retired servants of the church.