Helping PCC staff on the road to

sustainable housing solutions.

WHAT WE DO

A thriving community depends on stability. Our heart is to ensure that PCC ministry professionals can live and thrive in Redwood City. We help them afford long-term housing solutions.

THE NEED

Renters vs. Owners

PCC’s Center, SACC, Preschool and Church have over 50+ FT and 200+ PT employees. The overwhelming majority are renters, a minority own their homes.

PCC Staff Needs

Each week PCC serves over 5000 adults and 6000 kids through PE+, afterschool, worship, fitness, Street Life, and dozens of ministries locally and abroad.

Out Of Range

Median Home in RWC: $1,636,937 (9/9/2020 Zillow)

Required Capital

Capital Required: $3 Million to buy a 4-plex, fund reserves, operations, and seed our next purchase

THE SOLUTIONS

Equity
Shares

Aslan provides capital alongside ministry professionals’ down payments to make their mortgages manageable. Aslan retains the gain (loss) on its share of the equity upon the home’s sale and then plows those funds back into new equity shares. Ministry professionals keep the equity from their down payment, the equity from their mortgage amortization, and their share of the market gain (loss). Win-win!

Land
Trust

Aslan purchases duplexes, retains the land and offers land leases for $1 to ministry professionals who buy only the homes (structures) that sit on the land. This smaller purchase for the home buyer helps lower income earners. The sale and resale prices of the homes are tied not to the market but to the incomes of ministry professionals at the time of the transactions. This provides durable affordability to successive buyers.

Coaching

All employees are eligible for Housing Coaching to develop their personal savings strategies and housing solutions.

PARTNER WITH US

Aslan partners with PCC to develop long term housing solutions that meet the needs of its Center, Preschool, School Age Child Care, and Church employees.

Aslan is an independent tax-exempt supporting organization of PCC and all assets are dedicated to housing solutions. Aslan partners with Center, Preschool, SACC and Church employees to co-create deals that are affordable and life-changing.

Make an impact now. Partner with us to make an impact now in the lives of ministry professionals dedicated to serving our community of Redwood City.

Join Us!

WHO WE ARE

Aslan Housing Foundation enables individuals serving the mission of PCC to create a long-term housingsolution for their families.

OUR HISTORY

Over its 65+ year, PCC has grown from a small Swedish-American congregation on Farm Hill to a thriving multicultural, multigenerational hub of activity throughout Redwood City. As PCC has grown in size and scope it has attempted to support its ministry professionals with a variety of housing assistance.

Yet, as the real estate market has exploded and PCC grows with national hires, it became painfully clear in 2017 that PCC’s heart to serve the community is principally constrained by housing prices. High and rising rents and home prices affect recruitment and retention of staff. After years of watching the problem grow, a group of lay leaders came to recognize that PCC lacked bandwidth and expertise to solve the problem. Aslan was born. Incorporated and declared tax-exempt in 2018, Aslan Housing Foundation’s sole aim is to co-create housing solutions for ministry professionals serving PCC’s mission.

OUR PHILOSOPHY

Christ is our Cornerstone.
Homes are the locus of a thriving community.
All of God’s people have a role to play in co-creating housing solutions.
We do nothing about the people we serve without the people we serve.
We seek to be transparent, benevolent, efficient, determined, and wise.

OUR BOARD

Get to know our Aslan board members, read more.

HOW IT WORKS

Aslan Housing Foundation provides ministry professionals with mentoring and coaching to develop personalized housing plans designed for their unique capacities and objectives.

How We Do It

How do you know what PCC staff need?

Aslan offers 1:1 housing coaching to all staff of PCC’s Center, Church, Preschool, and School Aged Child Care. Our goal is to understand how housing affects them personally, in their position at PCC, and their private goals. This coaching can help PCC staff ground their goals and strategies. It also ensures Aslan is co-creating housing solutions that meet price, location, size and other features important to staff. A core value of Aslan: Do nothing about staff without staff. Aslan has a committed team of advisors that help navigate real estate, personal budgeting, and lending.

Aren’t prices too high for you to make an impact?

Great question! Yes, wow, prices are high. Aslan is committed to long-term, equity-based solutions. This is expensive for Aslan. But the value is long-term stability and growth for staff and PCC. PCC rental assistance has a role in stabilizing the home situations for some staff. However, funds spent on that exit the PCC ecosystem and cannot be recouped. Instead, Aslan comes alongside staff wishing to buy a home and through a series of scaffolded steps moves them along the continuum from renting to home ownership.

This all sounds exciting—and complicated. Does Aslan have the expertise to make this work?

Aslan is run by a seasoned group of executives with deep experience in real estate, development, law, philanthropy, insurance, planning, and finance. We have a team of advisors that provide strategic and tactical assistance.

Who We Help

How do you select which staff person gets your help?

Aslan doesn’t make this call. PCC’s Housing Committee decides who gets what form of housing assistance regardless of whether it is funded by Aslan or PCC. We think this is the best way to lean into our role as a supporting organization of PCC.  There is a set of qualitative and quantitative criteria that inform the Housing Committee decision-making process.

PCC Housing Policy

Housing Committee Charter

How can I apply for housing assistance from Aslan?

All full-time staff at PCC’s Center, Church, Preschool, and School Aged Child Care are eligible to receive housing coaching from Aslan. They are also encouraged to participate in the PCC Housing Committee’s annual compilation of employee information that is used in the decision-making process which assigns available resources to the best-qualified staff recipients. For more information, contact your PCC supervisor. Even if you don’t get assistance at first, keeping the Housing Committee up to date is important as staff transitions and available resources happen throughout the year.

Is this the same thing as pastoral housing? What if I’m not a pastor?

Aslan, in cooperation with PCC, is committed to helping all full-time employees that advance the mission of PCC regardless of the PCC business unit of which they are a part. Historically, PCC just focused on housing for pastors. However, PCC has come to see itself as a mission with a church (rather than a church with a mission). Therefore, all staff are important to the mission. You might also have heard that there are tax issues associated with housing for pastors. Correct! Aslan and PCC work with staff to optimize housing assistance for tax purposes.

STRATEGIES & MODELS

Aslan Housing Foundation provides ministry professionals with mentoring and coaching to develop personalized housing plans designed for their unique capacities and objectives. Information obtained through the coaching program assists Aslan in providing the most beneficial and desired housing solutions. Aslan coordinates with PCC as the employer in providing available housing solutions to ministry professionals in accordance with its Housing Policy.

Equity
Shares

Aslan provides capital alongside ministry professionals’ down payments to make their mortgages manageable. Aslan retains the gain (loss) on its share of the equity upon the home’s sale and then plows those funds back into new equity shares. Ministry professionals keep the equity from their down payment, the equity from their mortgage amortization, and their share of the market gain (loss). Win-win!

Land
Trust

Aslan purchases duplexes, retains the land and offers land leases for $1 to ministry professionals who buy only the homes (structures) that sit on the land. This smaller purchase for the home buyer helps lower income earners. The sale and resale prices of the homes are tied not to the market but to the incomes of ministry professionals at the time of the transactions. This provides durable affordability to successive buyers.

Coaching

All employees are eligible for Housing Coaching to develop their personal savings strategies and housing solutions.

IMPACT

People who serve the mission of PCC thrive at work and at home because their housing needs are met. PCC stakeholders grow as disciples as they participate more fully in the Kingdom of God on Earth as is it in Heaven.

OUR COMMUNITY

PCC has a bold hope for the community.
Aslan is here to ensure PCC staff can thrive as they bring that hope to the community.

CONTRIBUTE

Be a part of Aslan’s impact.

Bold gifts got PCC to where it is today. Help us ensure PCC’s mission can continue to grow in the community—help our staff stay in Redwood City and thrive through stable, secure, affordable long-term housing solutions.


Click seal for details

Monthly

Could you give a small monthly amount?
You can help us with our regular maintenance costs. No amount is too small.

Give

Stock

Do you have appreciated stock?
Save a boatload on taxes by giving shares to Aslan plus you may carry forward the value for five years.

Complete Form

Real Estate

Do you have a home you could include in an estate plan?
Don’t laugh, the Woodsworth and Jefferson homes were charitable gifts from PCCers.

Donate

AmazonSmile

AmazonSmile Foundation will donate 0.5% of the purchase price of eligible products to Aslan Housing Foundation.

Give

As a public charity, Aslan offers the highest tax-deductibility available to donors.

CONTACT

The easiest way to learn more about our work and how you can get involved
is to contact us. We are happy to walk through our detailed process
and answer questions not covered here.

GET IN TOUCH

Email: Nicole @ Aslan.org

Phone: 650-569-0909

Mailing Address:  3560 Farm Hill Blvd., Redwood City, CA 94061