Building Loan, Loan Guarantee, and Grant Programs

The purpose of the Unitarian Universalist Association (UUA) Building Loan, Loan Guarantee, and Grant programs is to facilitate the continued growth, in the broadest sense of the term, of UUA member congregations.

Building Loan Program
The Building Loan Program provides affordable financing for three types of project:

  1. building or buying a new spiritual home
  2. repairing or renovating existing facilities where substantial construction is not required,
  3. expanding current facilities where substantial construction is required, especially to make facilities more accessible.

The interest rate is set at the time of closing and will be the five-year Treasuries plus three-percent.

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.

Small Projects Loan Program
The Small Projects Loan Program promotes congregational growth by financing relatively inexpensive projects that can improve congregational life and well-being. Smaller, shorter term loans can create positive changes in congregations by providing a new tool to tackle issues that may seem beyond their current financial means. The program focuses on three broad categories of projects: mission-oriented, environmentally friendly, and critical/emergency in nature.