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The Lending Hand e-Newsletter
The Lending Hand is a monthly email
newsletter about the work of the Genesis Fund, a
community loan fund serving all of Maine. Our
mission is to help people committed to creating
affordable
housing and other economic and social opportunities
in their communities by offering loans,
organizational assistance and support in leveraging
other sources of funding. Find out more about
Genesis by reading below or visit our website at www.genesisfund.org.
We look forward to hearing from you!
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Groundbreaking at Evergreen Woods
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Groups collaborate on permanent supportive housing in Bath
Six homeless families from the midcoast will benefit
from permanent housing and supportive services at
Evergreen Woods. The groundbreaking for
construction of Tedford Shelter's latest housing
development was held on August 28 at the building
site adjacent to the Bath United Church of
Christ.
The Genesis Fund has provided
technical assistance to the project since the idea
was developed more than two years ago, including
help in raising development capital. Genesis
Executive Director Beth McPherson is currently
working on a grant
application that would increase the amount of
capital available for programs.
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Maine Island News
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New Maine Islands section on www.genesisfund.org
In 2003 the Genesis Fund recognized that the
increasing amount of work we were doing to assist
the year-round Maine island communities indicated a
need for an on going commitment to island affordable
housing and community development. The production of
the DVD,
"Against the Tide: Halting the Erosion of Maine's
Island Communities"; creation of the Islands
Challenge Fund, the recent Rural
Development grant all reflect that
commitment.
But as the work continued and
the stories and resources about the projects on
Maine islands accumulated on the Genesis Fund's
website, it became harder to navigate through all
the information. Well, that ends now.
All Maine
islands material has been collected and reorganized
at www.genesisfund.org
under a new "button" on our home page. It's called
(surprise!) Maine
Islands. We hope this new section helps those
who are interested in finding out more about the work
Genesis and many island organizations are doing to
promote affordable housing and year-round
sustainability.
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What your gift to Genesis can do
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Secure and easy giving through the Network for Good
Your gift to the Genesis Fund can make many good
things happen for communities all over Maine.
- provide capital to lend to well-articulated
affordable housing and community development
projects
- enable Genesis staff to apply for grants and
low-interest loans on behalf groups we work with
- offer initial pro-bono technical
assistance for small nonprofits and community groups
seeking advice about the feasibility of a project
- allow Genesis to remain one of the few Maine
financial institutions that can provide assistance
and support to community groups as well as offer
nimble and creative financial assistance
If you have not received a copy of our
annual report in the past and would like a copy of
our upcoming 2006 report, please email your name and
address to Communications Director Heidi Shott at heidi@genesisfund.org
Thank
you for your help as we work together on behalf of
individuals and families across Maine.
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