Moy church first to benefit from Faith Fund
A CHURCH in Co Tyrone is to redevelop its parish hall as it becomes the first recipient of a new fund.
St James' Church of Ireland in Moy has received a loan of £250,000 from the Ulster Community Investment Trust (UCIT) towards the total £650,000 cost of its project.
The £2m Faith Fund will assist church groups and faith-based organisations across Northern Ireland with loans of £5,000 plus for purposes such as refurbishments, extensions, purchase of equipment and restructuring existing debt.
Rector Rev Aonghus Mayes said: “Our church hall has been in critical need of repair for a long time. The loan from UCIT has enabled the parish to create a modern fully accessible facility.
"This new hall will help us maintain and build on the valuable work carried out within the area."
Alan Moneypenny, chairman of UCIT, said: “The church is an essential lifeline for many in the community and offers many outreach projects such as a youth club, toddler groups and sporting activities.
"UCIT are delighted to assist the parish with the tasteful renovation of the 19th century building, together with the construction of a modern annexe, improving the overall facilities provided including a sports hall, catering facilities and installation a new heating system.”
He added that, as a registered charity, all profits generated by UCIT are retained and recycled for the benefit of its clients.