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The Lending Hand e-Newsletter
The Lending Hand is a monthly email
newsletter about The Genesis Fund, a community loan
fund serving all of Maine.
Our mission is to
help Maine people committed to creating affordable
housing and other economic and social opportunities
in their communities. We will help develop a
workable financing plan and obtain the needed
resources.
As a private non-profit the
Genesis Fund can be especially creative, resourceful
and responsive in a way that can really make a
difference for underserved people across the
state.
Please check out the news about our
recent activity below and read more by following the
links to our website.
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Maine Island News
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New home arrives on Islesboro
Jan Dooley rented a home on Islesboro for 19 years.
But last year, when the veteran teacher at
Islesboro Central School found out that the house
she had been renting year-round was to be put up for
sale, her only choice was to take a ten-month winter
rental and hope something would turn up.
Eventually something floated up, but not
accidentally or without a great deal of vision and
hard work from many people on Islesboro and beyond.
On July 25 a two section modular home arrived by
barge at Hewes Point where the road nears the water.
The sections were trucked to a prepared building
site, a six acre lot that was acquired in 2005 by
the nonprofit community group Islesboro Affordable
Property (IAP) with help from a loan from the
Genesis Fund. The following day a huge crane arrived
on the island on an amphibious SeaTruk to set the
two sections on the foundation. “The house joined
up perfectly, right on the dime,” said Joanne
Whitehead, director of IAP.
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Two municipalities defeat housing plan
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Bread of Life Ministries faces challenges common to service agencies
In February 2006 John Applin, director of the
Augusta-based Bread of Life Ministries, took a plan
to the Vassalboro Planning Board to build five
affordable rental units for homeless families on an
11 acre parcel. From the start the plan met with
opposition from neighbors, but the planning board
never officially turned the faith-based community
services agency down. Hoping to avoid further
conflict in Vassalboro, Applin decided to combine
the plan with one for an additional 10 units of
transitional housing on a parcel on Augusta’s West
River Road.
Pending approval for the Augusta project, Bread of
Life Ministries approached the Genesis Fund about a
loan for the newly conceived 15-unit project. The
loan application was scheduled for review by
Genesis’ Loan Committee prior to a board of
directors meeting on August 4. Despite the need for
both permanent affordable rental units and
transitional housing for homeless families in the
Kennebec region, the Augusta Planning Board denied
the proposal at its July meeting, bowing to charges
of “incompatibility” by residents of a nearby
subdivision. That the Augusta Planning Board
recently approved a truck maintenance facility on an
abutting property seemed to call the decision into
question to many involved in the project.
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