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Monday, March 16, 2009

Boom-years borrowing hits churches

By RACHEL ZOLL-AP Religion Writer
Posted: 03/15/2009 12:00:00 AM PDT



From a group of freed slaves in Civil War-era Washington, Metropolitan Baptist had grown into a modern-day megachurch and community service powerhouse. In 2006, construction began on the congregation's dream complex in Largo, Md. — a $30 million campus with a 3,000-seat church, an education center and an 1,100-car parking lot.

Last year, the congregation sold its church in Washington. Preparations began for the move to what leaders had taken to calling "God's land in Largo."

But on Oct. 20, their plans were abruptly put on hold.

The Rev. H. Beecher Hicks learned that financing for the project had dried up. Construction stopped. And the congregation found that it was homeless — reduced to renting space and struggling to find new financing.

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