Lace
The Lutheran Association for Church Extension (LACE), established in 1960, is a nonprofit organization dedicated to supporting congregations of the Wisconsin Evangelical Lutheran Synod and the Evangelical Lutheran Synod across the United States. LACE provides low-cost loans primarily to self-supporting WELSELS organizations, enabling them to refinance existing mortgages, construct or renovate church facilities, and fulfill various ministry needs.
In addition to offering financial assistance, LACE facilitates private investments from congregations and members, which help fund these loans and lower the total interest charged. By partnering with LACE, congregations gain access to essential financial resources to expand their missions and meet increasing ministry demands.
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