Synod administers loan fund for presbyteries, churches

The Synod of Lakes and Prairies administers a $5.5 million loan fund in support of congregation capital and major renovation projects including down-payment assistance to relocating presbytery staff. Congregations are invited to contact the synod when it’s time to borrow for a new capital project. The synod relies on the loan application form of the Presbyterian Investment & Loan Program. The loan application can be found on the Presbyterian Church (U.S.A.) website.  For additional information, contact Alex De Veyra, director of financial services for the synod, at adeveyra[at]lakesandprairies.org or 651.357.1145.