B&T is also committed to investing a meaningful portion of the sale's proceeds in affordable housing, continuing the diocese's long-term commitment to that issue. In addition, the sale will include financial and other accommodations for St. James Cathedral, which sits next to the building being offered for sale. Cathedral and diocesan officials have been in discussion about the sale since early 2021, Mattson said.

No decision has been made about where the bishop's staff will work once the building has been sold, but Bishop-elect Paula Clark and B&T are expected to begin considering the question later this year. When the proposed sale of the building was first announced in 2020 by then-Bishop Jeffrey Lee, he wrote that, "In recent years, as the reconfigured bishop's staff has spent more time out among congregations, a large centralized office has become unnecessary. What office space the bishop's staff and Episcopal Charities do need is available at many locations in the diocese, and nearly all provide easier access and more plentiful parking.."

See more here: https://chicago.suntimes.com/2022/6/6/23153577/episcopal-diocese-streeterville-property-sale-fiscal-salvation