Assalamu alaykum wa rahmatullah wa barakatuhu. In this digest: a.. Status of the New Masjid Project Status of the New Masjid Project Dear brothers and sistersMessage 1 of 1 , Oct 4, 2007View Source
Assalamu alaykum wa rahmatullah wa barakatuhu.
In this digest:
Status of the New Masjid Project Dear brothers and sisters in Islam:
We hope that this letter and appeal reaches you in the best state of Eemaan and health in the month of Ramadaan.
As you know, Masjid Ibrahim was able to purchase the 6 acre land on 71 West with the help and Mercy of Allaah. We were making significant progress to build the first phase of the project and were waiting for the site plan approval by the city.
However, after five years the owner of the current building that we are renting agreed to sell the property for us to own alhamdulillaah. This property has a standalone building on 0.8 acre of land with ample parking and was our first choice of purchase. With the support of the community and overwhelming feedback, we have decided to purchase this property by the end of 2007. The asking price of the current property is $600,000. We have to raise this amount by the end of 2007.At the same time, we are considering selling the 71 West property based on the feedback of the community. So, here is our plan for the funds:
Raising $600,000 by the end of 2007
Currently, to purchase the property Masjid Ibrahim needs $600,000. We already have $200,000 in the bank and have received pledges for another $50,000 during this Ramadaan. Our target by the end of Ramadaan is to collect an additional $150,000. The remaining $200,000 will be raised as an affordable, individual, interest-free loans payable in two years, while at the same time making deferred payments on the property. This loan will be paid back in two years through Ramadaan fundraisings or by using the proceeds from the sale of the 71 West property. The masjid will also save $40,000 annually that is currently being paid as rent.
Selling the 71 West propertyOur goal is to sell the 71 West property in the coming year when we get a suitable price and start the expansion and renovation of the current building with the proceeds from this sale, inshaAllaah.
Our Appeal to the community NOW!
Our appeal to the community is to come forward with your helping hands and help us collect the $150,000 that we need for the purchase of the property inshaAllaah. Please send your donations to Masjid Ibrahim, 1701 West Ben White Blvd Bldg 3, Austin, TX 78704.
1701 W. Ben White Blvd Bldg 3
Austin, TX 78704
512-MY-DAWAH (693-2924) | admin@... | www.MasjidIbrahim.org | Directions to the Masjid | Make a Donation