**Logos Faith Development Secures $11.1M Commitment from Family Foundation**
Logos Faith Development, a mission-driven real estate development firm dedicated to converting underutilized church property into community-centered affordable housing, has secured a significant capital commitment from a private, values-aligned family foundation.
The foundation is investing a total of $11.1 million, comprised of both an equity investment in Logos and a revolving line of credit. This financial support will strengthen Logos’ capacity to move forward on 12 development sites across Los Angeles and San Diego over the next two years, bringing each project closer to the construction phase.
“This is a meaningful endorsement of both our mission and our momentum that’s acutely focused on delivering much needed resources for our church partners and affordable housing for our communities,” said Pastor Martin Porter, Founder and CEO of Logos Faith Development. He also noted that the firm’s balance sheet now exceeds $180 million. “This new infusion of capital will allow us to move faster and more decisively in advancing high-impact projects that deliver both community uplift and long-term value.”
The funding marks a significant step in the continued growth of Logos Faith Development as it seeks to address housing affordability while aligning with the social missions of local churches.
