We are singing God’s praises this year as He has provided the means to complete the First Phase of Bearwater Park! We were committed to paying back the final $70,000 on the construction loan by December 31, 2013. Some donors had graciously given a $35,000 matching grant to help us get there. Well, on December 30, we were still more than $20,000 short of being able to pay off our loan. We decided to wait to see what came in on the last day and talk about a miracle – not only did enough come in on that final day to cover our debt, but there was even a little left over to go to the ministry! God is SOOOOO good.
Over the course of this now 6 year project, through the grants from the City, help from foundations, and gifts from generous donors we have been able to complete the first 10 units – 4 single family homes and 3 duplexes. Nine families have moved in and call it HOME! Some of the children and adults living here are involved in our programs. In addition, our Youth Developer, Martell Hixson, has moved into one of the homes to be in the community as well and have a deeper impact on the youth he serves.
Click here to view a video about the project and see more of the story behind the scenes.
The development continues … we just received a partial grant from the State of TN to build 4 more homes! The entire site can hold up to 51 homes, so stay with us as we continue to seek God’s help in transforming our community into one that families want to call home and brings glory to the Lord by building one house at a time. We will need to raise more than $100,000 as a match to this grant, so your prayers and contributions will continue to be earnestly sought.
The development is a blessing on multiple levels. Families in our low income neighborhood now have quality, affordable places to raise their children. They have immediate access to all the services and opportunities Oasis provides. Contributions that donors gave to the project not only created the homes, but now any rent above maintenance and reserve needs can go back into the ministry. In essence, your financial gifts keep on giving!
If you are interested in filling out an application to live in one of these homes, please contact our management company, Northern Inc at 901/526-7155 or stop in at there office located at 62 Union Ave.
If you would like more information regarding this ministry, contact Terry. Stay up-to-date by liking us on Facebook, following us on Twitter and checking our website for pictures, videos and current information.