Growth Fund loans and grants are available on a limited basis for building, renovation and maintenance projects to all parishes which participate in the annual Growth Fund Asking approved at diocesan convention each year.
Requests are evaluated to determine the financial feasibility of repayment of the loan, the resources available to the parish and how the request contributes to the mission of the parish. For loans, the normal repayment period is a five-year maximum.
The Growth Fund Committee is composed of two representatives elected at Convention, two members of Diocesan Council and two members of the Board of Trustees. The Committee reviews the application and makes a recommendation to the Board of Trustees for final approval.
Click here for a printable application form (PDF) which contains submission instructions.