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Through the
Mission Investment Fund of the Evangelical Lutheran Church in America, ELCA congregations
and their members, synods and ELCA-related
ministries may invest their
funds in the growth of the Lutheran church and earn interest on their investments.
With the funds
entrusted to it, MIF makes loans to ELCA mission congregations for purchases of land and construction of initial church buildings,
and to established ELCA congregations for expansion, renovation,
and relocation projects,
refinancing of existing debt,
and land purchases.
Loans for capital building projects are also available to
ELCA-related ministries such as seminaries, outdoor
ministries, and social ministry
organizations.
More than 780 loans
totaling $440
million are at work today
in ELCA ministries throughout the United States, in
Puerto Rico and the Virgin
Islands.
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