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Historically Black Episcopal Colleges

Saint Augustine’s Stabilizes Finances with Lease Deal, Staff Cut

Saint Augustine’s College, the oldest historically Black Episcopal college, has taken major steps to stabilize its precarious financial situation. In recent weeks, it announced a $70 million deal to lease some of its property to a sports stadium firm and a halving of its workforce, which will reduce annual operating costs by $17 million.

Black Colleges’ Ministry

Joint statement: Historically Black Colleges serve communities and offer certain remedies of grace and uplift.

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