December 14, 2020 With extremely grateful hearts filled with profound joy, the NAPC Faith. Forward. Capital Campaign is thrilled to communicate that the NAPC Congregation responded to God’s calling to commit generously and sacrificially to His kingdom.  We as a congregation committed $4.5 million to help build our new home, exceeding our stated goal by over $1.0 million!

This 3 year/36-month commitment is made possible through 119 families, with many more continuing to pray and discern how God is calling them to commit and give. As we near the end of this calendar year, many have already given to the Capital Campaign to help with early funding. What an incredible blessing! As a church, God has demonstrated his love for us in so many ways, and the results of this phase of the Capital Campaign is yet another example. Of course we will continue to receive commitments – and we still have the funding of the commitments ahead of us, so we thank you all in advance! As you consider giving to or funding your commitment to the Faith. Forward. Capital Campaign, here are a few reminders: The 3year/36-month commitment actually spans 4 calendar years, including this year 2020. Even if you planned to begin your funding in 2021 through 2023, it is a great blessing (and potential tax advantage of an additional year) for you to also give this month for 2020. There are many ways to give including of course check and electronic funds transfers. You can also easily give assets such as stocks whereby the donor potentially limits tax associated with liquidation and at the same time counts the market value of the transfer as a charitable donation.  For any questions on giving, please contact the church office or visit our NAPC Giving page.

Building Design Update With the exciting results from the Capital Campaign, and together with the Finance Committee, the Building Committee is now working with the architect and construction firm to finalize the scope for the new building. On December 8th, individual meetings were scheduled with Harlem Road neighbors owning homes immediately east and south of our property. On December 23rd, a meeting is scheduled with the City of New Albany to present our proposed plan, with consideration of the neighbors’ concerns, where appropriate. Our traffic study has been completed, but the entrance locations have yet to be finalized. These discussions with the City must be resolved before we move forward with further building design. Our target is to break ground in late summer 2021.

Financing Update The Finance Committee is in the process of updating our financial projections and will approach the banks in early 2021 to obtain construction financing. While we continue to navigate uncertain times, the strength of our congregational annual giving in 2020 provides additional confidence in our projections. We are also optimistic that we will be able to afford additional financing compared to previous estimates given lower borrowing costs due to reduced interest rates.

For Further Information If you have any additional questions for the Permanent Space Steering Committee, please email Lisa Rathburn. Together in Christ, NAPC Permanent Space Steering Committee

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