Dedicated to assisting new and renewing congregations, CB&LF provides loans for the purchase, construction, or renovation of church buildings and facilities. It also assists with financing land site purchases and environmental upgrades, and offers capital campaign services to help churches repay their debt.
CB&LF works with churches established less than thirty years ago or those that have recently joined the UCC. It also assists congregations of any age that are seeking to be a renewing congregation and have entered into a formal renewal process with CB&LF.
For established churches seeking to maintain or expand existing facilities, Cornerstone Fund makes low-cost loans for a variety of projects, including capital improvements, accessibility, repairs, elevators, steeples, and educational wings.
Working much like a bank, Cornerstone is able to provide loans to churches by offering interest-bearing investments to churches and individuals. Any person or organization affiliated with the UCC may invest with Cornerstone, earning attractive returns on college savings, Individual Retirement Accounts, endowments, cemetery funds, and more. Investing with Cornerstone allows churches to meet financial goals while supporting the wider mission of the church.