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175th Anniversary: A reflection of the past - Pt. 2

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175th Anniversary: A reflection of the past

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Amended Special Session Resolution Passes

Thanks to the new Red Door Refinance Program, overwhelmingly approved by members of Annual Conference at a special session on Mar. 16, up to 30 NIC churches will be able to refinance existing loan agreements at 4.5% for 20 years under a collective (up to) $25 million dollar mortgage through Wintrust Bank. A reserve fund will also be established to assist with cash flow, to offset any interest rate jumps and for any unforeseen circumstances.

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