Housing Allowance

Today, the Seventh Circuit Court of Appeals reversed a 2013 ruling by U.S. District Judge Barbara Crabb that identified the housing allowance benefit for clergy(IRS Code §107(2)) unconstitutional.   The original lawsuit, filed by the Freedom From Religion Foundation argued that the parsonage allowance exclusion... Read More

Why a Synagogue can’t be underwritten like a Church

To whom it may concern: Churches and Synagogues share many similarities structurally and organizationally, but they are also dissimilar in many ways.   I would like to address what’s different out of concern that if an underwriter looks at things that seem typical with churches,... Read More

Kinus Workshop “Chabad House Mortgages Made Easy”

Session Information: Thursday, November 20, 2014   12:45 pm to 2:15 pm New York Marriott at the Brooklyn Bridge: 333 Adams St  Brooklyn, NY 11201   Yonatan Hambourger provides mortgage financing to non-profit organizations and has assisted many Shluchim purchase and refinance their Chabad Houses.... Read More