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What is The United Methodist Development Fund (The UMDF)?

April 26, 2017Development fund Methodist UMDF United

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What is The United Methodist Development Fund (The UMDF)?

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The UMDF is a nonprofit corporation resulting from the merger in 1970 of the Methodist Investment Fund and the Evangelical United Brethren Investment Fund. Its sole purpose is to promote the mission of The United Methodist Church by providing first-mortgage loans for building, expanding and renovating United Methodist churches and mission institutions.