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ABOUT US:
NEWS
Read our June 2008 email newsletter, The e-Lending Hand June 2008 Approaching $6 million: The Genesis Fund loan pool grows and grows! (more...) May 2008 Genesis Fund lends $600,000 to support Avesta Housing's Florence House in Portland. Chronically homeless women will benefit from apartments, emergency shelter, beds and services under one roof. (more...) May 2008 Summer is a great time to take advantage of the Genesis Fund's Green Loans for Nonprofits program. An energy audit, renovation recommendations, and a below market loan from the Genesis Fund for nonprofit facilities can take the bite out of next winter's heating bills. (more ...) April 2008 The Genesis Fund welcomes David Bronson of TD Banknorth and Bill Shanahan of the Northern New England Investment Fund to the Board of Directors. (more...) March 2008 Genesis Fund's biggest year ever; 16 loans, more than $2.45 million to Maine nonprofts (more...) March 2008 Two Maine banks make $100,000 investment loans to the Genesis Fund's pool of capital: Bangor Savings Bank and Bath Savings Institution (more...) January 2008 Genesis Fund rolls out green loan program for Maine nonprofits (more...) January 2008 New year brings higher interest options to Genesis investors (learn more about investing..) December 2007 Support Solutions acquires supportive home in Minot with Genesis Fund loan (more...) November 2007 Another affordable home on Monhegan helps to stabilize the year-round community (more...) November
2007 November 2007 Genesis Fund launches mobile home park conversion program (more...)
September 2007 Loans to groups on Peaks Island and Vinalhaven support affordable housing ( more... ) September 2007 The Genesis Fund launches Elizabeth McPherson Permanent Capital Fund (more...) September 2007 Gorham Savings Bank invests $100,000 in the Genesis Fund (more...) September 2007 Chebeague Island Community Association fast tracks home purchase (more...) June 2007 Passamaquoddy people of Indian Township celebrate two new facilities; Assisted living facility to open; ground broken on senior apartments (more...) June 2007 Federal Home Loan Bank of Boston awards $119,997 in grant and subsidy to support the acquisition and infrastructure work on the Riverview Mobile Home Park Cooperative in Fort Kent. (more...) June 2007 Five loans approved by Genesis Fund board: multifamily rental housing in Sanford; single family homes on Chebeague and Islesboro; and long-term financing for working waterfront in Harpswell (more...) June 2007 Seven grants to support island housing awarded (more...) May 2007 Housing data demonstrates gulf between housing costs and income in Maine (more...) April 2007 Genesis Fund names Bill Floyd as Executive Director (more...) April 2007 Momentum for Fort Kent resident-owned mobile home community builds; MaineHousing and Maine Community Foundation offer support (more...) April 2007 Genesis makes loans to Shalom House, CHOM, Harbor Schools (more...) April 2007 Monhegan given green light for new affordable home; LURC ruling removes "unnecessary barriers" ( more... ) March 2007 Genesis Fund assists mobile home park residents in purchasing their park in Fort Kent (more...) March 2007 Genesis Fund board bids farewell to veterans and hello to new friends (more...) February 2007 Coalition for Coastal Workforce Housing brings message to the State House (more...) January
2007 January
2007 December 2006 A Genesis Fund bridge loan of $700,000, its largest loan ever, to Holbrook Community Foundation will help preserve an important and historic Cundy's Harbor working waterfront and community center (more...) December
2006 October 2006 North Haven Sustainable Housing embarks on construction of its first affordable home (more...) October 2006 Genesis assists Habitat for Humanity/7 Rivers Maine in developing a ReStore building materials retail outlet in Bath (more...) October 2006 Passamaquoddy Tribe at Indian Township receives $79,560 grant to cover start-up costs and staff training for an elder residential care facility (more...) August 2006 Groundbreaking at Evergreen Woods in Bath; Tedford Shelter collaborates with other groups to build permanent, supportive housing for six homeless families (more...) August 2006 New home arrives on Islesboro through collaboration among many groups: Islesboro Affordable Property and its many island supporters, the Islands Challenge Fund, the Genesis Fund and Camden National Bank (more...) August 2006 Two municipalities defeat a housing plan for permanent and transitional rentals (more...) June 2006 June 2006 May 2006 April 2006 April 2006 April 2006 Genesis publishes a report titled "Adult Family Care Homes: A Case Study in Maine". (more... read the study...) March 2006 Genesis approves $190,000 loan to the Bayside Neighborhood Association to renovate a single-family home in Portland (more ....) DECEMBER 2005 Genesis approves a $202,500 loan to Community Partners to support social services for mentally disabled adults in Monmouth (more ...) DECEMBER
2005 DECEMBER 2005 Islands Challenge Fund exceeds fundraising challenge from Jane's Trust and receives $100,000 to support year-round island communities (more ...) NOVEMBER 2005 Bank consortium funds given to Genesis (more ...) NOVEMBER 2005 Genesis approves $100,000 loan to create affordable housing on Monhegan (more ...) OCTOBER 2005 Islands Challenge Fund approves grant to create affordable housing for year-rounds residents on Monhegan (more ...) SEPTEMBER 2005 Genesis receives $275,000 grant to support affordable housing and community facility projects (more ...) AUGUST AND SEPTEMBER 2005 Genesis approves new loans for social services in Brewer and Damariscotta (more ...) AUGUST 2005 Genesis is awarded a $275,000 in permanent capital to lend from the Community Development Financial Institution Fund (more...) JULY 2005 Islands Challenge Fund approves first grant to create year-round housing for year-round residents on Maine islands (more ...) JUNE 2005 Genesis approves $379,000 in new loans (more....) MARCH 2005 Genesis approves $284,900 in new loans to create affordable housing opportunities and support organizational development. (more ...) DECEMBER 2004 Genesis receives $220,000 grant to support year-round island communities. (more...) DECEMBER 2004 Genesis approves new loans in Bath, Camden and Ellsworth (more...)
AUGUST 2004 Genesis approves new loans for three major Portland projects to create significant new affordable housing units. (more ...)
AUGUST 2004 Genesis receives a $5,500 grant from Maine Community Foundation for a case study on successful supportive housing opportunities for low-income elders living in rural areas. (more ...)
JULY 2004 Genesis Releases New Video: Against the Tide: Halting the Erosion of Maine's Island Communities. (more ...)
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