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Provided Housing, the risk protection plan

The Provided Housing Risk

Provided housing, the risk that if overlooked, can leave a church with a possible financial risk that could cause it a hardship; it could also place their minister's spouse and family--or another employee's spouse and family--who lived in the provided home in a hard position with no place to live.  Far too often, when provided housing is offered as part of the compensation package, nothing is done to plan for the resulting risk should the minister or other employed party pass away.  Provided housing can save the church funds they would otherwise have to pay the minister or other employed person. The church is then put in the position of either asking the family and spouse to leave with nothing to replace their home, or of doing their best to provide another home for the new minister or other employed person's family if an untimely death should occur during the employment period.

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Site last updated 03/20/2024