The Lending Hand Newsletter
In This Issue
Thank you Machias Savings Bank!
Genesis Fund's technical assistance nets $884,758
Maine seniors need affordable housing
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Winter, 2015
Providing innovative, flexible financing and expert technical assistance to affordable housing and community groups throughout Maine since 1992.
Thank you Machias Savings Bank for supporting our work with Grey Stone  Cooperative!


Pictured (left to right): Beth Hayward, Machias Savings, Grey Stone Board members - Jim Hester, Mary Myers, Butch Baiarro and Mary Terry, Genesis Fund.

Machias Savings Bank's donation will help the resident owners of Greystone Mobile Home Cooperative complete much needed repairs to the cooperative's sewer system - just one of the many accomplishments the resident owners have achieved in the past five years.

"I am proud to be a part of a community that is starting to be noticed by others outside the park as a place that is improving daily.  It's becoming a great place for children and families to live. We all feel at home here." 
Butch Barrio, Grey Stone Board member


Technical Assistance from The Genesis Fund nets $884,758!

In the past six months, technical assistance from the Genesis Fund has helped six Maine nonprofits receive funding for their project.  Together, we are making Maine communities stronger and more sustainable.

Tree Street Youth 
Congratulations to all our partners! 
  • Tree Street Youth - $400,000 to acquire and renovate their existing facility in Lewiston.
  • Habitat for Humanity 7 Rivers Maine - $110,000 to build four affordable homes in Brunswick.
  • Bangor Housing - $100,000 to create 24 affordable, safe apartments for very low income and previously homeless families in downtown Bangor.
  • Mobius, Inc - $264,758 to purchase a building to house a new program in Damariscotta.
  • Grey Stone Mobile Home Cooperative in Veazie - $5,000 to repair failing sewer system.
  • Medomak Mobile Home Cooperative in Waldoboro - $5,000 for infrastructure repair to continue expansion.
Grant writing is just one of the many professional services that Genesis Fund's technical assistance program offers.
 Call us today to learn more 207-563-6073.

 


Maine seniors need affordable housing.

To help Maine plan for the affordable housing needs of our seniors, The Maine Affordable Housing Coalition (MAHC) commissioned this important study:

The Genesis Fund is a proud member of the Maine Affordable Housing Coalition, working together to raise public awareness and advance solutions that create and preserve affordable housing in Maine.

Learn more about MAHC here:


For 23 years our commitment has been to Maine people and communities.  An investment loan to the Genesis Fund lets you keep your money in Maine and have long lasting impact on Maine families and communities. We are proud of our 23 year history of 100% repayment to investors.

Call us today for details 207-563-6073.


Sincerely,

Jane Irish
Director of Development
Genesis Community Loan Fund