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OUR BORROWERS:
BY TYPE
Acquisition | Construction
| Rehabilitation/Leasehold Improvements
| Predevelopment Loans |
Working Capital | Refinance
ACQUISITION
Alfred
- $40,000 loan to York County Shelters, Inc. for a 4-unit
transitional housing facility - 2002
Augusta
- $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
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
Bath/West Bath
- $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 to Family Focus, Inc. for a day
care center and office facility - 2002
- $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]
Belfast
- $27,000 acquisition loan to Community Housing of Maine
for transitional housing for families made homeless by domestic
violence - 1998
Brewer
- $202,500 acquisition loan to United Cerebral Palsy of
Northeastern Maine to purchase a property that will serve
5 individuals with disabilities - 2005 [more]
Bristol
- $23,000 acquisition loan to Community Building Trust to
purchase 2.5 acres of land in Bristol that will support
two affordable homes - 2005 [more]
Brunswick
Camden
- $200,000 acquisition loan to Camden Affordable Housing
Organization to develop Lupine Terrace, a ten-acre in-town
parcel, that will provide up to 25 low and moderate income
working families homeownership options - 2004 [more]
Chebeague Island
- $197,000 acquisition loan to the Chebeague Island Community
Association to purchase the three-bedroom, single-family
house - 2007 [more]
Damariscotta
- $275,000 acquisition loan to Coastal Kids Preschool to
purchase a property that will serve as a permanent home
for the preschool - 2005 [more]
Dover-Foxcroft
- $45,000 acquisition loan to the Center Theatre for the
development of a community arts center - 2002
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]
Harpswell
- $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]
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]
- $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]
- $35,800 acquisition loan to Islesboro Affordable Property
to preserve an affordable home in the Ruthie James subdivision
- 2004
Jefferson
Machias
- $45,000 acquisition loan to St. Aidan's Church for property
to become transitional housing - 1999
Minot
- $69,200 acquisition loan to Support Solutions to purchase
a single family home for an individual with developmental
disabilities - 2007 [more]
Monhegan Plantation
- $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]
Monmouth
- $202,500 acquisition loan to Community Partners to purchase
a property and capital assets of Alternatives Options, a
residential program that provides housing and services for
four residents with severe mental disabilities - 2005
[more]
Peaks Island
Portland
-
$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 an office building that will
house all of Ingraham's programs under one roof - 2005
[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
- $415,000 acquisition loan to Shalom
House for a residential treatment center - 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
Readfield
- $85,049 acquisition loan to Kennebec Valley Cohousing
for land for a co-housing community - 1994,1996
Richmond
- $70,500 in acquisition loans to the Richmond Eldercare
Coalition for a residential care facility for 12 frail elders*
- 1994
Rockland
- $80,000 acquisition loan to Community Housing of Maine
for a five-unit apartment building for persons with disabilities
- 2002
Rumford
Sanford
Scarborough
- $80,000 acquisition loan Community Housing of Maine to
purchase a residential property in Scarborough to provide
safe, secure, and affordable housing and supportive services
for up to six people with disabilities. - 2007
- $29,600 acquisition loan to Woodfords Family Services
for a disabled children's home - 1998
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
Vinalhaven
- $150,000 acquisition loan to Community Housing of Maine
to purchase a building with six affordable rental apartments.-
2007 [more]
Waldoboro
Windham
- $50,000 acquisition loan to Riding
to the Top for the purchase of property for a therapeutic
horseback riding center - 1998
Wiscasset
- $16,000 acquisition loan to Elmhurst, Inc. for a foster
home for children with multiple special needs - 1996
CONSTRUCTION
Ashland
- $126,250 construction loan to the Ashland Care Givers
Association for a community-based eldercare home* - 2002
Bath
- $163,350 construction loan to Family Focus, Inc. for a
day care center and office facility - 2003
Boothbay
Bowdoinham
- $120,000 construction loan to Habitat for Humanity, Bath/Brunswick
Area, Inc. for an affordable homeownership subdivision -
2003
Bremen
- $55,000 construction loan to the Community Building Trust
for a self-help homeownership demonstration project* - 1995
- $8,700 construction loan to Coastal Enterprises for 8
single-family homes for low-income families - 1992
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
Cherryfield
- $15,000 construction loan to Family Homes Land Trust for
4 single-family homes - 1992
Farmington
- $35,000 construction loan to Western Mountain Community
Land Trust for 2 single-family homes* - 1993
Islesboro
- $45,000 in construction loans to Islesboro Affordable
Property for the development of 8 island-sensitive single-family
homes* - 1992,1993
Old Town
- $50,000 construction loan to Old Town Residential Services
for a 16-unit assisted living facility for low-income elders*
- 1997
Orland
- $5,000 construction loan to H.O.M.E. for a new well and
septic system for a home for refugees - 1993
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]
Rockland
- $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
Rumford
- $80,000 in construction loans to Tri-County Mental Health
for a residential treatment facility for persons with mental
illness - 1996
Vinalhaven
- $25,000 to Community Housing of Maine to assist with exterior
work on a partially complete 7-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
Whiting
- $15,323 construction loan for meeting space to the Quoddy
Regional Land Trust, a conservation organization - 1995
Wiscasset
- $50,000 construction loan to Coastal Housing, Inc. for
9 units of rental housing for single mothers - 1992
REHABILITATION/LEASEHOLD
IMPROVEMENTS
Alfred
- $25,000 rehabilitation loan to York County Shelters for
a 31-bed emergency shelter with detox beds - 1994
Augusta
- $15,000 rehabilitation loan to Deer Ridge Housing for
infrastructure repairs at a resident-owned mobile home park
- 1993
Biddeford
- $7,000 rehabilitation loan to Community Partners for an
apartment for persons with disabilities - 1999
Damariscotta
- $350,000 rehabilitation loan to Miles
Health Care to expand space available for physician
services - 1998
Lewiston
- $11,000 leasehold improvement loan to Norwich House for
transitional housing for pregnant and parenting teens -
1994
Limerick
- $11,000 rehabilitation loan to Community Partners for
a foster home for adults with mental retardation - 1999
Lisbon Falls
- $14,250 rehabilitation loan to Community Housing of Maine
for a group home for 3 adults with mental illness - 1998
North Anson
- $12,414 in rehabilitation loans to the Western Mountain
Community Land Trust for mobile home improvements - 1994
Portland
- $32,650 rehabilitation loan to the Friends
of St. Lawrence Church for the conversion of a vacant
church to a community arts center - 2000
- $60,000 leasehold improvement loan to the Community Counseling
Center, a counseling and mental health service organization
- 2000
South Berwick
- $8,500 rehabilitation loan to Community Partners for a
home for persons with disabilities - 1999
Waldoboro
- $20,000 rehabilitation loan to Coastal
Housing, Inc. for 11 affordable rental units for families
and elders - 1999
PREDEVELOPMENT
LOANS
Auburn &
Lewiston
- $3,000 predevelopment loan to the Common Ties Mental Health
Coalition for a group home for persons with mental illness
- 1996
- $6,000 in predevelopment loans to Community Concepts for
2 group homes for persons with mental illness - 1995
Brunswick
- $89,090 predevelopment loan to Family Focus for the development
of a new facility for their childcare center in Brunswick
that will serve 50 children - 2003
Islesboro
- $58,700 predevelopment loan to the Beacon Project for
the development of an eldercare home* - 2004
Portland
- $165,000 predevelopment loan to The Iris Network for
the development of 30 apartments for visually impaired individuals
and couples - 2004 [more]
Rumford
- $3,000 predevelopment loan to Community Concepts for a
supportive living project for persons with mental illness
- 1995
Saco
- $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]
South Paris
- $3,000 predevelopment loan to Community Concepts for a
supportive living project for persons with mental illness
- 1995
WORKING
CAPITAL
Augusta
- $5,000 in working capital to Maine Share, an organization
that faciliates workplace donating to 35 Maine-based member
organizations - 2005
Bangor
Bristol
- $4,500 working capital loan to Community Building Trust
to cover costs associated with The Midcoast Green Collaborative's
Sustainable
Energy Expo - 2008
New Gloucester
- $30,300 working capital loan to Turning Point Farm for
the start-up of group home for abused children - 2000
Ocean Park
- $15,925 working capital loan to the Environmental Schools
- 1993
Poland
- $8,825 in working capital to the Poland Spring Academy,
an alternative school for youth - 2001
Portland
- $10,000 in working capital to the Astarte Shell Press
for the publication of books by women and/or minority writers*
- 1993,1994
Saco
- $3,000 predevelopment loan to Community Living Options
for 20 units of cluster housing for persons with disabilities
- 1995
REFINANCE
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
Islesboro
- $79,500 refinance Islesboro Affordable Property for a
single-family rental home in Dark Harbor - 2007 [more]
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