The projected cost for the new church, offices, hall, parking lot and related construction is $12 million. Your contribution to the Loaves and Fishes Campaign, plus approximately $800,000 on account in the parish, will provided the initial $4 million required to commence the construction phase of the project.
It is our intent to raise this $4 million in order to begin construction of our new church by 2020. At that time, The Family of Faith campaign will match our $4 million with an interest-free loan for up to five years. In addition the archdiocese has made available a further $4 million loan at 4% interest, if needed. To minimize the costs of borrowing, we are asking parishioners to consider a five-year pledge.
We are also participating in the archdiocese-wide Family of Faith Campaign through our contribution of $175,875. More information about this campaign that supports our greater family of faith can be found at www.ourfamilyoffaith.ca
"You will be enriched in every way for your great generosity" (2 Cor. 9:11)