LCEF, incorporated in 1978, is a continuation of the Synod's service to the entire LCMS. Congregations, ministries and schools gain funds for building, upgrading or remodeling facilities, and rostered church workers secured reasonable housing and consolidation loans. LCEF partners with more than 50,000 investors to make the funds available for these loans. Together, these partnerships have resulted in a total asset portfolio of $1.8 billion. God has truly blessed the ministry of Church Extension and its supporters!