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  1. Archdiocese of Detroit
  2. Sharing the Light
  3. Loan Deposit Program

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?
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