Grants & Loans Committee

The Grants and Loans Committee is a subcommittee of the Administration and Finance Committee.  We receive, evaluate and make recommendations regarding applications from parishes who are seeking a grant and/or loan from the Diocese.  Our recommendations are submitted to the Administration and Finance Committee who review all applications and make a recommendation to Diocesan Council for a final decision.  The application process and the appropriate forms are found in section 8-4 of the Policy, Practice & Procedures Manual of the Diocese.  That section is currently under review and will be posted on this page when the revisions are complete and it has been approved.
The two primary sources for these grants and loans are:

  • The Revolving Loan Fund: through which loans are made to parishes for terms of up to ten years at a reasonable interest rate.  Repayment is made to this fund, which allows other parishes to draw upon it.
  • The Huron Development Fund: primarily used for grants to church planting, new ministries and church extension projects.

We also receive, review and make recommendations regarding grants from the Anglican Foundation (a ministry of the national church).  Dioceses are allowed to make three applications per year to the Foundation, and the work of the Grants and Loans committee helps us stay within this number.
When reviewing all applications, the committee takes in to consideration a number of factors, including the parish’s apportionment history, their ability to repay the loan, the Archdeacon’s support and review of the application, as well as the availability of funds for all applications in the process.

 

For more information, please contact:
The Rev'd Robert Towler - Chairperson; Grants & Loans Committee

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