You may have just heard that the Woodsworth House is going on the market. We understand that you may have a lot of questions. You might be confused or concerned. We are here to answer your questions and help you understand this decision as best as we can.
Let’s cut right to the chase. First, know that many people have studied and prayed about this. We unanimously believe God is leading us to this moment. Now, on to the FAQs!
Why is Aslan selling the Woodsworth house?
As an asset, the Woodsworth House is underperforming in its role to serve PCC staff. It is a large home that can only house one PCC staff member, whereas multiple current and future staff need housing. The sale proceeds from this high value house will generate housing solutions for multiple staff members.
How will the funds be used?
The proceeds of the sale are irrevocably restricted to use for PCC staff housing. The funds will go towards the acquisition of smaller homes for below-market rental and the creation of an equity share fund to support home purchases for qualified staff buyers.
How was the decision made?
We researched family size and staffing trends and surveyed current staff. We ran alternative scenarios and vetted them with the Aslan board, three PCC real estate agents, and the PCC Officers. The original donors blessed this decision.
What about the new lead pastor?
We don’t know what the new lead pastor will need or want; this sale gives us the flexibility to meet whatever needs they have.
What are the next steps?
The house was vacated on July 31st, 2022. It requires repairs and improvements before going on the market in October, a top sales month.
We are here to answer your questions. Email [email protected] or call (650)224-9912 to learn more about the Woodsworth House decision. We welcome your prayers for a successful sale!