Genesis
at Work on the Islands
The initial impetus
for establishing the Island Challenge Fund at the Maine Community
Foundation came from Genesis’ own experience working
on several islands with year-round populations. Funding gaps
highlighted the need for additional private support for island
projects. The $220,000 grant from Jane's Trust is an important
step in this process. Here are some examples of projects that
Genesis has worked with in the past and the funding needs
that additional support can address.
Vinalhaven: Providing a Home for Island Elders
All too often, island elders have few options when they become
unable to manage the challenges of daily living. Lifelong
Vinalhaven resident Ivan Calderwood sought to serve the needs
of the island’s elderly by bequeathing his home for
use as an elderly facility.
To fulfill Calderwood’s vision, a group of dedicated
island residents worked with the Genesis Fund to secure the
resources and services needed to convert his home into a six-bed
adult family care home. Genesis raised seed money for the
project and provided countless hours of organizational and
grantwriting assistance. A similar effort is currently underway
for elderly residents on Islesboro as well.
The Ivan Calderwood
Home opened its doors in May 2001 as a valued community resource.
Today the home is expanding to provide day services for island
elders and utilizes private donations for ongoing operations.
Monhegan: Preserving a Valued Commercial and Housing
Resource
When residents heard rumors that the Monhegan Island Store
was going to be sold, they knew something had to be done.
Given the limited space for new housing development on the
island, a prospective buyer spoke of converting the store
and its two apartments into seasonal rental units.
Residents
mobilized and asked Genesis to assist them in their efforts
to acquire the property and incorporate the newly formed Monhegan
Island Sustainable Community Association (MISCA) as a tax-exempt
organization. Less than a year later, MISCA has converted
the existing apartments into affordable condos for year-round
residents and has preserved the store as a market for island
residents.
MISCA hopes to further
its efforts to stabilize the year-round population on Monhegan
by converting existing properties into year-round housing
that is affordable for local residents. This effort will require
significant private support.
Islesboro: A Resource to Help Communities Stay the
Course
Many years of hard work went into the creation and development
of the Ruthie James subdivision. As a result eight island
families were able to move into affordable homes.
When one of the families fell behind on its mortgage, a local
bank was left with little choice but to sell the house on
the open market. Islesboro Affordable Property, the developer
of the subdivision faced the prospect of seeing the home converted
to a seasonal residence. To prevent this from occurring, the
housing group secured a commitment from the Genesis Fund to
provide the necessary capital to purchase the home and preserve
it as affordable housing for a year-round family.
Fortunately, Islesboro Affordable Property (IAP) never had
to draw down the financing from Genesis. The group worked
with the existing homeowner to stabilize his financial situation
and meet his mortgage obligations. As IAP looks to expand
its work, private funding will be key.
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