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Give a gift subscription →The NHT is paying private banks billions to manage its mortgage book rather than run it directly. The logic is a deliberate trade-off, not an oversight.
Jerusalem’s churches, exempt from property tax since Ottoman times, now face Arnona demands on monasteries, residences and guesthouses, and the city froze the Greek Orthodox Patriarchate’s bank accounts in the dispute.
The Philippine Court of Appeals extended a freeze on ten bank accounts and seven real properties linked to Apollo Quiboloy and the Kingdom of Jesus Christ church until February 2025, while his lawyer said no property was in the pastor’s name.
Enterprise Community Partners, Montgomery County and Truist launched a $585,000 initiative in 2024 to help up to seven Maryland congregations turn vacant property into affordable housing, aiming for 750 homes.
Rev Carmel Jones, a St Elizabeth-born Windrush minister who died in 2023, founded the Pentecostal Credit Union in 1980, lending to Black churches and businesses to buy buildings when mainstream banks and building societies would not.
A cheaper hillside lot in Kingston isnt automatically a better deal once geotechnical costs are factored in. Why lending and buying on Jamaican hillside land needs an extra due-diligence step flat land doesnt.
Associated Gospel Assemblies said a re-survey had pulled its unregistered 169-acre estate at Breadnut Hill, Clarendon, into a credit union league’s registered title. Jamaica’s Court of Appeal dismissed its appeal to keep an injunction in place.
Christian lender Kingdom Bank warned in 2022 that rising energy bills and falling donations could cost a typical UK church a combined £22,000 a year, a bigger financial challenge than the COVID pandemic.
Kingdom Bank made the largest loan in its history, £1 million, to help Dundonald Church in Wimbledon complete a new 650-seat building that includes flats for private sale, with profits supporting homeless services.
Trinidad and Tobago seized TT$28 million in old banknotes that pastor Vinworth Anthony Dayal brought to the Central Bank in 29 boxes, which he said were 19 years of voluntary contributions from his congregation.
Jamaica Homes News
Independent Jamaican journalism worth supporting.
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Jamaica Homes News brings you the latest Jamaican news, property, business, tourism, development and community stories from across the island. Discover the people, places and developments shaping Jamaica today, with timely news and local insight you can trust.
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