Thank you to everyone who gave toward this breakthrough moment in the life of United by helping burn the mortgage!
In 2006, United bought and moved to the former Jewish Community Center on Denlinger Road. The original purchase price and year 1 improvements cost the school $5.5 million. This campus has been significantly more cost-effective to maintain, but when the campaign began in November 2016, a mortgage of $3.97 million remained. It was costing the seminary $400,000 per year in principal and interest payments that could be invested in scholarships. By paying off the mortgage, future students will graduate with less debt and more freedom to follow the Lord’s call.
It is with great joy and gratitude that we celebrate United’s 150th anniversary with the burning of the mortgage, fully paid thanks to the generosity of United’s alumni/ae and friends.
Praise God from Whom all blessings flow!