The WTBTS after the 2008--201? financial crisis sent out letters to congregations that had a loan. Basically, after eliminating interest charges in 200?, they also indicated that the according to the current congregations financial situation the congregation could lower the monthly payment.
This was the financially "softest" that I have ever seen the "Society" and I was surprised. But at the same time they were advertising selling all the properties in Brooklyn. When it was news worthy that they had plans to build outside of New York City, I personally felt this news went over with the publishers like a lead ballon. I received some funny looks from publishers when they were informed. Kinda like, if Armagedon is sooooo close why move?
The last congregation that I had any contact with wished to add some parking closer to the building for the elderly, repaint, and recarpet the hall. They had 50K. The hall sorely needed it and there were many elderly that needed more appropriate parking. By 2009, the adjacent land cost a rock bottom property cost of 70K.
The completely new regional building committee that was appointed after the death of 5 members in a plane crash in Tennessee, told the congregation that it would cost $150,000 to remodel. So the congregation came up with another $40K from dirt poor publishers for the $150K plus the 70K for the property. The congregation then bought 2 lots adjacent to Kingdom Hall property to put the parking lot on. So total, the congregation had 50K plus the 40K they came up with totalled 90K.
Then the elders informed the congregation that the RBC had "forgotten" replacing the chairs and said they needed 20K more cash. The chairs were nasty, I even privately had a professional non-witness uphostery cleaner come over to give a bid on cleaning the fabric and wanted to pay for this myself. The congregation came up with another 20K. 90K plus 20K.
The hall was "remodeled' meaning new carpet, lights, paint, an addition for a kitchen for pioneering/schools, and a 3rd school. Total cost after the fact was $350K (over twice the original estimate) plus cost of the chairs and the property.
I had discussed with an elder about my concern that the congregation was biting off more than they could chew at $150 K and it was apparent that a significant recession was forthcoming in 2008. He was moving and said nothing to the other elders.
Things may have changed since the last time I got information, but the congregation had requested lowering the payment and was still 5 monthly payments behind at 0% interest.
Evidently, the society felt like a little piece of pie is better than no pie at all. However, being in the construction estimating business, I still have a problem how with all the "volunteer" labor the material cost were $350 K plus what the publishers contributed. I quit counting because I was so mad.