Capital Campaign at Oxford Circle Christian Community Development Assn (Philadelphia, PA)

Purchase date:  January 9, 2009

Property Location:  900 E. Howell Street, Philadelphia, PA  19149

In partnership with Oxford Circle Mennonite Church

·        Over 10,000 Sq. foot of business space for OCMC Sunday Services and OCCCDA ministry endeavors 

·        Committed rental income for over 3/4th of new building.

·        We are seeking to pay down our debt to free up funds that will support our community and church ministries.

Ø 12/31/2010 - Goal to repay $355,000 seller assist loan

Ø 12/31/2015 - Repay 50% of primary loan principal ($1,500,000)