Disciples News Service

Church Extension Advanced $22.25 Million In Loans In 2008

Church ExtensionDuring a period when many financial institutions curtailed their lending, Church Extension advanced $22.25 million in loans to Disciples of Christ congregations in 2008.

This brings to $148.5 million the total in active loans that Church Extension has in place with congregations in the United States, Canada and Puerto Rico, as of December 31, 2008. Loans disbursed by Church Extension are funded by investments and contributions from Disciples congregations and individuals. For more information see:
www.churchextension.org/about/upload/Church-Extension-2008-Results.pdf