The CRC Loan Fund was established by synod in 1983 to provide loans for Christian Reformed churches in the United States to purchase land or build facilities or to make improvements or repairs. The Loan Fund does not solicit gifts or receive ministry shares. It is funded entirely by the investments of individuals, congregations, classes, and related organizations.
Fiscal year 2006-2007 was a year of unprecedented growth for the Loan Fund, with net revenue reaching an all-time high. New loans totaling more than $9.5 million were provided to 13 churches.
Last year, loans as high as $2 million were provided to churches from Las Vegas to Edina, Minn. Hope Community Church in Flagstaff, Ariz., was able to purchase a parsonage, while Akron (Ohio) CRC purchased a new worship facility. Oasis Community Church in Winter Garden, Fla., completed construction of a new building.
The Loan Fund was able to fund all loans requested last year, but at fiscal year’s end had minimal funds available for loans, therefore new investments are required.
Contact us or check our website for more information on how you can make a difference through the Loan Fund.
This information does not constitute an offer to sell or a solicitation of an offer to purchase. Offers will be made only by the offering circular in those jurisdictions where it is lawful to make such an offer or solicitation of an offer. Investments in the Loan Fund involve risks more fully disclosed in the offering circular.
Website: www.crcna.org/loanfundCarl Gronsman, director800-332-0012; 616-224-0829Fax 616-726-1149E-mail: email@example.com
The CRC Loan Fund
- lends to CRC churches in the United States for small and large capital projects.
- obtains the money it lends from investments made by CRC members, churches and classes, and related organizations.
- offers a variety of investment options.