About Debt Reduction

Any debt reduction actually acts like a kind of long term endowment for the ministry. When we started purchasing houses for the ministry, we had a business plan of raising 25% for a down payment and then borrowing the rest of the funds. Every time we pay off a loan, we are effectively increasing general funds available to do ministry by eliminating a payment. Any program fees that residents in that debt free house pay become available to support the ministry as a whole.