Alliance Churches Receive $1 Million in Loan Interest Rebates

FOR IMMEDIATE RELEASE

COLORADO SPRINGS, Colo.—Thanks to the generosity of the Alliance Development Fund (ADF), approximately 470 Alliance churches and ministries received interest rebates totaling $1 million last month.

Larry McCooey, ADF’s president, explains, “God blessed ADF with strong financial results in our most recent fiscal year. Our board of directors designated $1 million to be given to our borrowers in the form of interest rebates, and ADF issued those rebates during the last week in May.” This marks the third time in ADF’s history these gifts were made possible.

For more information on the Alliance Development Fund, or to learn how the ADF can assist your Alliance ministry with the financing you need, visit www.adf-inc.com, call toll-free at (888) 878-3060, or e-mail adf@adf-inc.com.

# # #

About the Alliance Development Fund:

The Alliance Development Fund (ADF) is dedicated exclusively to providing funding for churches and other projects of The Christian and Missionary Alliance. Since its inception in 1978, ADF has made approximately 1,500 loans to help Alliance ministries obtain the buildings they need. More information is available online at www.adf-inc.com.

For more information:
David Graf, Vice President for Church Services
The Alliance Development Fund, Inc.
Phone: (888) 878-3060
Email: grafd@adf-inc.com

Share

Get Involved...

Pray.

We cannot “Live the Call Together” unless prayer is central to all we do.
Pray with us »

Serve.

Is God calling you to service? We’re here to help you connect your passion with God’s purpose.
Serve with The Alliance »

Give.

Help build Christ’s Church by supporting the ministry and workers of The Alliance.
Give today »