Sustainability & Shared Governance
TFC will operate as a financially self-sustaining entity. Lease income from tenants will cover operating expenses, with Seven Mile Road serving as the anchor tenant. Tax-exempt status will be preserved by maintaining a missional tenant mix and working proactively with Harris County to ensure property tax exemption on those parts of the property aligned with the tax-exempt purposes.
The TFC property will include three governing entities:
Together for the City (501c3): Executes mission and manages tenant partnerships
Redeemed Property Holding Company (509a3 Supporting Org): Holds and stewards the physical property assets
Seven Mile Road Church as the anchor tenant and vision catalyst.
Together for the City and the Redeemed Property Holding Company Supporting Organization will each have a board of directors with nine members. Contact us for questions about bylaws and details of board appointments.
