Genesis Community Loan Fund
 
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OUR BORROWERS: BY COUNTY

* indicates project has received a minimum of 100 hours of technical assistance.

ANDROSCOGGIN COUNTY

Auburn

  • $6,000 in predevelopment loans to Community Concepts for 2 group homes for persons with mental illness - 1995

Lewiston

  • $3,000 predevelopment loan to the Common Ties Mental Health Coalition for a group home for persons with mental illness - 1996
  • $11,000 leasehold improvement loan to Norwich House for transitional housing for pregnant and parenting teens - 1994

Lisbon Falls

  • $14,250 rehabilitation loan to Community Housing of Maine for a group home for 3 adults with mental illness - 1998

Minot

  • $69,200 acquisition loan to Support Solutions to purchase a single family home for an individual with developmental disabilities - 2007 [more]

Poland

  • $8,825 in working capital to the Poland Spring Academy, an alternative school for youth - 2001

AROOSTOOK COUNTY

Ashland

  • Technical assistance and a $126,250 construction loan to Ashland Care Givers Association for the development of a community-based eldercare home* - 2002

 

CUMBERLAND COUNTY

Brunswick

  • $89,090 predevelopment loan to Family Focus for the development of a new facility for their childcare center that will serve 50 children - 2003

Chebeague Island

  • $197,000 acquisition loan to the Chebeague Island Community Association to purchase the three-bedroom, single-family house - 2007 [more]

Harpswell

  • $400,000 refinance of an original $700,000 bridge loan to the Holbrook Community Foundation in Cundy's Harbor, Harpswell. The Foundation repaid $300,000 of the loan with a grant from Maine 's Working Waterfront Access Pilot Program. - 2008
  • $700,000 bridge loan to Holbrook Community Foundation to purchase an important and historic Cundy's Harbor property which includes working waterfront, a community store, two units of affordable housing and a seasonal restaurant - 2006 [more]

New Gloucester

  • $30,300 working capital loan to Turning Point Farm for the start-up of group home for abused children - 2000

Peaks Island

  • $187,500 acquisition loan to Homestart to purchase a single family in-town home with two additional home lots. - 2007 [more]

Portland

  • $289,500 to Shalom House, Inc. to fit up new rental office space in the former warehouse at its Valley Street headquarters.  - 2007 [ more
  • $190,000 in construction financing to Bayside Neighborhood Association to finish renovations on a single family home that will be sold at an affordable price to an income-eligible family - 2006  [more]
  • $500,000 in acquisition/predevelopment loans to Avesta Housing Development Corporation for a two-phased development that will include family rental housing and first-time homeownership opportunities - 2004, 2006 [more]
  • $79,900 acquisition loan to Avesta Housing Development Corporation to purchase a 1.34-acre parcel to build 10 affordable condo units for purchase by moderate-low income first-time home buyers - 2005  [more]
  • $145,000 acquisition loan to Maine Time Dollar Network toward the purchase an office building that will provide office space for staff and training of time bank members and affiliates - 2005 [more]
  • $356,000 acquisition loan to Ingraham, Inc. toward the purchase of an office building that will house all of Ingraham's programs under one roof - 2005 [more]
  • $165,000 predevelopment loan to The Iris Network for the development of 30 apartments for visually impaired individuals and couples - 2004 [more]
  • $323,400 to Shalom House toward the acquisition costs of a 1.32-acre multi-use site in Portland that will ultimately include 11,000 square feet of office space for Shalom House and another nonprofit organization, a community art studio for the Shalom House Art Program, up to 32 units of affordable housing, and a six-unit group home for persons with mental illness - 2004 [more]
  • $325,000 acquisition loan to People's Regional Opportunity Program (PROP) for acquisition of four contiguous vacant lots in Portland for the development of 14 units of affordable family housing and a community center - 2003
  • $128,250 acquisition loan to Hospice of Maine for expanded office space and the development of a community resource center for end-of-life concerns - 2002
  • $400,000 acquisition loan to Preble Street Resource Center for the development of a multi-service center serving over 500 homeless and runaway youth each year - 2001
  • $100,000 acquisition loan to Shalom House to create housing for people with mental health service needs - 2001
  • $32,650 rehabilitation loan to the Friends of St. Lawrence Church for the conversion of a vacant church to a community arts center - 2000
  • $415,000 acquisition loan to Shalom House for a residential treatment center - 2000
  • $60,000 leasehold improvement loan to the Community Counseling Center, a counseling and mental health service organization - 2000
  • $20,000 to Friends of the St. Lawrence Church to purchase a vacant church in the Munjoy Hill neighborhood for an arts and community center - 1998
  • $42,650 acquisition loan to Port Resources for a group home for developmentally disabled adults - 1997
  • $10,000 in working capital to the Astarte Shell Press for the publication of books by women and/or minority writers* - 1993,1994

Scarborough

  • $29,600 acquisition loan to Woodfords Family Services for a disabled children's home - 1998

Windham

  • $50,000 acquisition loan to Riding to the Top for the purchase of property for a therapeutic horseback riding center - 1998

FRANKLIN COUNTY

Farmington

  • $35,000 construction loan to Western Mountain Community Land Trust for 2 single-family homes* - 1993

HANCOCK COUNTY

Ellsworth

  • $50,000 loan to The Next Step Domestic Violence Project to create three units of transitional housing for families that have been the victims of domestic violence - 2004 [more]

Orland

  • $5,000 construction loan to H.O.M.E. for a new well and septic system for a home for refugees - 1993

KENNEBEC COUNTY

Augusta

  • $5,000 in working capital to Maine Share, an organization that faciliates workplace donating to 35 Maine-based member organizations - 2005
  • $140,000 acquisition loan to Bread of Life Ministries for a 9-unit Single Room Occupancy (SRO) project for shelter clients - 2003
  • $20,000 acquisition loan for office space to Maine Equal Justice Partners, an organization providing legal advocacy for low-income persons - 2000
  • $15,000 rehabilitation loan to Deer Ridge Housing for infrastructure repairs at a resident-owned mobile home park - 1993

Monmouth

  • $202,500 acquisition loan to Community Partners to purchase a property and the capital assets of Alternative Options, a residential program that provides housing a services for four residents with severe mental disabilities - 2005 [more]

 

Readfield

  • $85,089 in acquisition loans to Kennebec Valley Cohousing for land for a co-housing community - 1994, 1996

 

KNOX COUNTY

Camden

  • $200,000 construction loan to the Camden Affordable Housing Organization to develop infrastructure for Lupine Terrace, a development which will offer 14 units of affordable housing for first-time homebuyer families at or below 80% area median income ($36,152). Ten additional lots will be sold at market price to assist with project costs. - 2008
  • Technical assistance and $200,000 acquisition loan to Camden Affordable Housing Organization for the development of a 14-unit subdivision for low income first time homebuyers - 2004 [more]

Rockland

  • $80,000 acquisition loan to Community Housing of Maine for a five-unit apartment building for persons with disabilities - 2002
  • $37,987 construction loan to Community Housing of Maine for a residential treatment facility for mentally ill  - 1996

Rockport

  • $170,000 loan to Harbor Schools of Maine to develop supportive housing for 8 adolescent boys with both mental illness and substance abuse diagnoses - 2002, 2007

Vinalhaven

  • $150,000 acquisition loan to Community Housing of Maine to purchase a building with six affordable rental apartments.- 2007 [more]
  • $25,000 to Community Housing of Maine to assist with exterior work on a partially complete 6-unit apartment house.  Interest on the loan will be reduced by funds from a $50,000 Jane's Trust grant to be used for island projects. - 2007 [more]
  • $100,000 construction loan to Vinalhaven Eldercare Services for a residential care home for 6 frail elders* - 2000

LINCOLN COUNTY

  • $661,500 in loans to the ElderCare Network of Lincoln County for six-bed eldercare homes in the villages of Boothbay, Bristol, Jefferson, Waldoboro and Wiscasset - 2000, 2001

Bremen

  • $55,000 construction loan to the Community Building Trust for a self-help homeownership demonstration project* - 1995
  • $8,700 loan participation with Coastal Enterprises for the construction of 8 single-family homes for low-income families - 1992

Bristol

  • $4,500 working capital loan to Community Building Trust to cover costs associated with The Midcoast Green Collaborative's Sustainable Energy Expo - 2008
  • $23,000 acquisition loan to Community Building Trust to purchase 2.5 acres of land in Bristol that will support two new affordable homes - 2005 [more]

Damariscotta

  • $175,000 acquistion loan to Rising Tide Community Market  to purchase the property across the street for expansion - 2008         
  • $275,000 acquisition loan to Coastal Kids Preschool to purchase a property  to serve as a permanent home for the preschool - 2005 [more]
  • $350,000 rehabilitation loan to Miles Health Care to expand space available for physician services - 1998
  • $50,000 acquisition loan to the ElderCare Network of Lincoln County for a residential care facility for 16 frail elders* - 1997

Monhegan

  • $100,000 acquisition loan to Monhegan Island Sustainable Community Association to purchase a property in the village center that will support two affordable homes - 2005 [more]

Waldoboro

  • $20,000 rehabilitation loan to Coastal Housing, Inc. for 11 affordable rental units for families and elders - 1999

Wiscasset

  • $185,000 acquisition loan to CEI Housing, Inc. for a 27-unit housing development serving low-income seniors - 2004
  • $16,000 acquisition loan to Elmhurst, Inc. for a foster home for children with multiple special needs - 1996
  • $50,000 construction loan to Coastal Housing, Inc. for 9 units of rental housing for single mothers - 1992

OXFORD COUNTY

Rumford

  • $100,000 acquisition loan to Dixfield Development Corporation for the purchase of a 12-unit home serving adolescent boys - 2000
  • $80,000 in construction loans to Tri-County Mental Health for a residential treatment facility for persons with mental illness - 1996
  • $3,000 predevelopment loan to Community Concepts for a supportive living project for persons with mental illness - 1995

South Paris

  • $3,000 predevelopment loan to Community Concepts for a supportive living project for persons with mental illness - 1995

PENOBSCOT COUNTY

Bangor

  • $250,000 acquisition loan to Volunteers of America/Northern New England for the 55 units of subsidized senior apartment housing on Harlow Street - 2008
  • $51,000 acquisition loan to Community Housing of Maine to help purchase and rehab a building on Charles Street in Bangor into four apartments to provide safe, secure, and affordable housing to four homeless people with disabilities - 2008
  • $300,000 acquisition loan to Penquis Community Action Program to purchase a property that will support a 28-unit affordable housing complex and community center - 2005 [more]
  • $220,200 in acquisition loans to Community Housing of Maine for 8 units of transitional housing for victims of domestic violence - 2003
  • $70,000 acquisition loan to The Housing Foundation for a 4-unit group home for persons with mental illness - 2001
  • $18,000 in working capital loans to Maine People's Resource Center for the production of citizens' guides to state legislature - 1993,1994,1998

Brewer

  • $202,500 acquisition loan to United Cerebral Palsy of Northeastern Maine to purchase a facility that will serve 5 individuals with disabilities - 2005 [more]

 

Old Town

  • Technical assistance and a $50,000 construction loan to Old Town Residential Services for a 16-unit assisted living facility for low-income elders*  - 1997

PISCATAQUIS COUNTY

Dover-Foxcroft

  • $45,000 acquisition loan to the Center Theatre for the development of a community arts center - 2002

SAGADAHOC COUNTY

Bath/West Bath/Brunswick

  • $38,200 to Elmhurst, Inc. to assist with the purchase of a duplex in Bath that will provide housing for four adult men with developmental disabilities - 2004 [more]
  • $100,000 acquisition loan and a $163,350 construction loan to Family Focus, Inc. for a day care center and office facility - 2002, 2003
  • $66,450 in acquisition loans to Elmhurst, Inc. for three homes for adults with mental retardation - 1999, 2001

Bath

  • $100,000 acquisition loan to Habitat for Humanity/ 7 Rivers Maine to purchase a former Bath Iron Works building that will be transformed into the agencie's offices and a ReStore, a retail venue where donated building supplies are sold at reduced rates - 2006 [more]

Bowdoinham

  • $120,000 construction loan to Habitat for Humanity, Bath/Brunswick Area, Inc. for an affordable homeownership subdivision - 2003

Richmond

  • $70,500 in acquisition loans to the Richmond Eldercare Coalition for a residential care facility for 12 frail elders* - 1994

SOMERSET COUNTY

North Anson

  • $12,414 in rehabilitation loans to the Western Mountain Community Land Trust for mobile home improvements - 1994

WALDO COUNTY

Belfast

  • $27,000 acquisition loan to Community Housing of Maine for transitional housing for families made homeless by domestic violence - 1998

Islesboro

  • $140,000 acquisition loan to Islesboro Affordable Property to purchase a modular home for an income-ineligible year-round island family.  This is the second of three homes to be built on the property purchased by IAP in 2005. (see below) - 2007 [ more ]  
  • $79,500 refinance Islesboro Affordable Property for a single-family rental home in Dark Harbor - 2007 [more]
  • $60,000 acquisition loan to Islesboro Affordable Property to purchase 6.35 acres on Islesboro for future development of three single family affordable housing units - 2005 [more]
  • $58,700 predevelopment loan and technical assistance to the Beacon Project for the development of an eldercare home* - 2004
  • $35,800 acquisition loan to Islesboro Affordable Property to preserve an affordable home in the Ruthie James subdivision - 2004

  • $45,000 in construction loans to Islesboro Affordable Property for the development of 8 island-sensitive single-family homes* - 1992, 1993

Searsport

  • $100,000 acquisition loan to Penquis Development, Inc. for the development of 16 units of rental family housing in the first phase and up to 25 single-family homes for ownership in the second phase - 2002

WASHINGTON COUNTY

Cherryfield

  • $15,000 construction loan to Family Homes Land Trust for 4 single-family homes - 1992

Machias

  • $45,000 acquisition loan to St. Aidan's Church for property to become transitional housing - 1999

Whiting

  • $15,325 construction loan for meeting space to the Quoddy Regional Land Trust, a conservation organization - 1995

YORK COUNTY

Alfred

  • $40,000 bridge loan to York County Shelters for a for a 4-unit transitional housing facility - 2002
  • $25,000 rehabilitation loan to York County Shelters for a 31-bed emergency shelter with detox beds - 1994

Biddeford

  • $7,000 rehabilitation loan to Community Partners for an apartment for persons with disabilities - 1999

Limerick

  • $11,000 rehabilitation loan to Community Partners for a foster home for adults with mental retardation - 1999

North Waterboro

  • Technical assistance to North Star Farm for the development of a long term foster care home for youth

Ocean Park

  • $15,925 working capital loan to the Environmental Schools - 1993

Saco

  • $5,200 working capital loan to the Friendship Cooperative to purchase equity shares in a 5-unit cooperative for persons with mental illness - 1998
  • $3,000 predevelopment loan to Community Living Options for 20 units of cluster housing for persons with disabilities - 1995

Sanford

  • $200,000 predevelopment loan to Sanford Housing Authority for The Maples, 26 units of rental housing for seniors at or below 60% of the area median income. - 2007 [more]
  • $300,000 acquisition loan to York County Community Action Corporation for the development of 40 units of rental family housing - 2003

South Berwick

  • $8,500 rehabilitation loan to Community Partners for a home for persons with disabilities - 1999
 
P.O. Box 609
Damariscotta, ME 04543
P: (207) 563-6073
F: (207) 563-6055
info@genesisfund.org