HOW WILL CITY STATION BE FUNDED?
How do you want to invest in your community?
To make this vision a reality, Southern Hills Church has acquired a multi-million dollar loan through The Solomon Foundation, a non-profit ministry whose sole purpose is to lend funds to expand the ministry of churches like Southern Hills. During construction Southern Hills will raise a minimum of $5 million to be used to reduce the loan amount. In addition to acquiring a loan, the body of Southern Hills Christian Church has further demonstrated their support and commitment to City Station by giving $1 million to the project between November 2015 and December 2016.
However, this is a massive adventure. The cool part is, once the debt of the building is paid, City Station will profit approximately $25,000/mo in revenue from the Student Housing Department.
This will all be given back into the community.