Congregation Beth David 311.
(photo credit: Courtesy)
SAN FRANCISCO – The world’s first green-certified synagogue is facing foreclosure.
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Congregation Beth David in San Luis Obispo, Calif., says it must raise $1.3 million by May 5 or the bank will foreclose on its $3.3 million loan. The building would be put up for auction on May 17.
Beth David was built in 2005 and became the world’s first LEED-certified
synagogue. LEED, or Leadership in Energy and Environmental Design, is
an internationally recognized green building standard that signals a
design aimed at minimizing environmental impact and saving natural
The building was constructed on 92 acres, including 62 acres of wetlands
and 30 acres that were intended for sale as agricultural land, with the
proceeds helping to pay off the bank loan, according to the
congregation. But the community has been hard hit by the economic
downturn, and dues from the 200 member families weren’t enough to keep
up with the $18,000 interest-only monthly payments.
The bank forgave $1 million of the original loan, and the temple has
been able to raise $1 million internally, but is now turning to the
national Jewish community for help," synagogue board co-president Gregg
Loberstein told JTA. “We’ve got a bit of a hill to climb, but we believe
we can get it done in time.”
The congregation has a Facebook page to keep track of donations, and it
has drawn some media attention, including a recent piece on MSNBC.
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