The Living Church

Year Article Type Limit by Author

The Living ChurchFebruary 8, 1998Briefly 216(6) p. 7

A special diocesan convention on Feb. 21 has been called by the Rt. Rev. John-David Schofield, Bishop of San Joaquin, to deal with the financial drain caused by The Grove, a planned retirement community which was supposed to generate income for the diocese. The planned adult housing project has had "recurring losses" raising "substantial doubt about its ability to continue as a going concern," according to the diocesan auditing firm. Located next to the diocesan conference center, The Grove produces $2,000 monthly in income while requiring $8,000 in monthly loan payments.