The timeline for restarting work is based upon having enough funds on hand for Tyson and Associates to be confident they will be able to complete the work. Naturally, with all insurance funds already used, our primary source for funding is currently FEMA and we continue to see good but very slow progress toward finalization of this grant. Once we receive letters of obligation from FEMA and have secured adequate funding, Tyson has indicated they will immediately begin the process of restarting construction.
At this point, our FEMA grant status is as follows:
Although disappointing that we were forced to appeal the determination by FEMA disputing some of our damage claims, it is important to recognize that FEMA is just one of several sources of funding God has already presented to support our building project. While the insurance pay-out gave us a great start, it now has become even more evident that our
own giving is playing a significant role in the opportunity to complete the entire vision for the future of Grace’s ministries, both those we have now and those that can be developed. Giving today supports the vision of completing the master plan in a timely manner.