Retiring bishop says he won't be moving into $2.3M home, San Jose diocese to sell

EMBED </>More Videos

After intense criticism, The San Jose Catholic Diocese will be selling the $2.3 million home they bought for its retiring bishop. According to a statement, the bishop said he "erred in judgement" when the 5-bedroom home was selected for him. (KGO-TV)

After intense criticism, The San Jose Catholic Diocese will be selling the $2.3 million home they bought for its retiring bishop. According to a statement, the bishop said he "erred in judgement" when the 5-bedroom home was selected.

RELATED: SJ diocese criticized for purchasing $2.3M home for retiring bishop

Here is Bishop Patrick J. McGrath's full statement:

"When I began plans to retire, and considered where I would live, I had wanted to remain in the Diocese of San Jose. This has been my home for nearly 20 years. At first, I had hoped to live in a diocesan-owned house that is located on cemetery property, but necessary retrofitting proved to be too costly.

This made it necessary to look for another house. The Diocesan Finance Council and the College of Consultors approved the purchase of the home in the Willow Glen neighborhood of San Jose. I agreed with them that in economic terms the purchase of the home made sense in terms of financial return on investment. It was bought primarily with funds that had been designated for this sole purpose, funds that had accrued from the sale of Bishop DuMaine's condominium, when he was no longer able to live in it due to failing health.

However, I erred in judgment in the purchase of a 5-bedroom home for $2.3 million. I failed to consider adequately the housing crisis in this valley and the struggles of so many families and communities in light of that crisis.

I have heard from many on this topic and I have decided that I will not move into this house. The Diocese will put it up for sale as soon as possible; if there is any profit to the Diocese from that sale, those funds will be donated to Charities Housing, a division of Catholic Charities of Santa Clara County.

I assume full responsibility for this decision and I believe that the sale of the house is the appropriate action. I thank those who have advised me.

When I retire, I now intend to live in a rectory at one of our parishes."
Related Topics:
religionreal estatehousingcatholic churchhomehousing marketSan JoseWillow Glen
(Copyright ©2018 KGO-TV. All Rights Reserved.)