Loan Deposit Program
- Loan Deposit Program
- What is the Loan Deposit Program’s primary income source? How does it work?
- Who started the Loan Deposit Program? Why and when?
- Is the LDP unique to the Archdiocese of Detroit?
- How much is in the LDP?
- What are the sources of LDP deposits?
- What other Catholic organizations have LDP accounts?
- Who has loans from the LDP? What is the status of those loans?
- How have LDP funds been used?
- Is the LDP making loans?
- What has the Archdiocese done over the last several years to stabilize the LDP?
- Have any parishes or schools been restricted from accessing their LDP deposits? Can they make withdrawals for things like roof and parking lot repairs or school year startup expenses?
- Do parishes and schools have deposits and debts outside the LDP?
- Who manages LDP assets and investments?
- Where are LDP deposits invested?
- Who is the Loan Deposit Program auditor?