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From: The Genesis Fund &lt;info@genesisfund.org&gt;
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March 2007
What&#x27;s New at Genesis
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Genesis helps mobile home park residents to purchase their park
Coalition for Coastal Workforce Housing brings message to the State House
2007 Housing Challenges and Solutions Forum
Genesis board bids farewell to veterans and hello to new friends
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~



What&#x27;s new at the Genesis Fund - http://rs6.net/tn.jsp?t=3D7waja6bab.0.nbiwk=
vbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fnews.ht=
m
Today&#x27;s news about affordable housing in the U.S. - http://rs6.net/tn.jsp?t=
=3D7waja6bab.0.lbiwkvbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genes=
isfund.org%2Ftodaysnews.htm
View a slideshow of Genesis projects - http://rs6.net/tn.jsp?t=3D7waja6bab.0=
.sfegwwbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2FS=
lideShow%2FSlideShow_1.html
Join our mailing list!
http://ui.constantcontact.com/d.jsp?p=3Doi&amp;m=3D1101291778782
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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 Maine groups working to create
affordable housing and other economic and social
opportunities in their communities by
offering innovative financing, expert
assistance, and help in leveraging other
sources of funding.

Find out more
about Genesis by reading below or visit our
website
at www.genesisfund.org (http://rs6.net/tn.jsp?t=3D7waja6bab.0.ekhqcvbab.5w7v=
bvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org).
=20

We look forward to hearing from
you!



Genesis helps mobile home park residents to purchase their park
Fort Kent residents form cooperative; Genesis applies for grants
Despite the evening&#x27;s ten below temperatures,
residents of the Riverview Trailer Park
gathered on February 5 at the Fort Kent town
hall to hear from the Genesis Fund staff
about an idea that would allow them to remain
in their homes past the November date the
park owners have set for closure.=20


Executive Director Beth McPherson and
Communications Director Heidi Shott traveled
to Fort Kent at the behest of John Bannen,
the town&#x27;s director of planning and economic
development, who is concerned about the
displacement of 16 households that reside at
the park. Some park residents, who own their
mobile homes but lease the land on which they
sit, have lived at Riverview since the late
1960s. Several are elderly and some are young
families for whom the cost of moving a
not-so-mobile home to another piece of land
is prohibitive. The current owners, faced
with insurmountable water and sewer
infrastructure problems, issued the legally
mandated one-year park closure notification
in late November.=20





At the same time the Genesis Fund, with its
staff just returned from training on
resident-owned cooperatives in New Hampshire, was
considering how to begin the work.=20



=93After the initial phone call with John
Bannen, I realized that we had our first
project to assist with whether we were ready
or not,=94 said McPherson. =93The people at
Riverview needed assistance and the Genesis
Fund was the only group in Maine trained to
help.=94=20


Read what happened next... - http://rs6.net/tn.jsp?t=3D7waja6bab.0.a7z8n6bab=
.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fmh3.htm
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Coalition for Coastal Workforce Housing brings message to the State House
Legislation proposed for local option real estate tranfer tax
As one of the founding organizations of the
Coalition for Coastal Workforce Housing, the
Genesis Fund participated in an event in the
Hall of Flags at the State House on February
27.

 (Above: As Rep. Ted Koffman of
Mount Desert Island speaks to those assembled
at the State House, Rep. John McKane,
Newcastle; Rep. Hannah Pingree, North Haven;
Doug Boynton, Monhegan; and Roger Berle of
Cliff Island and the Island Coalition; look
on.)

The event was set up to call
attention to the more than 50 bills submitted
in this legislative session regarding
affordable housing. A dozen housing
organizations, including the Genesis Fund,
displayed materials in the Hall, and speakers
included Majority Leader Hannah Pingree, Rep.
Ted Koffman, Rep. Jon McKane, Chris Wolff of
the Island Institute, and Doug Boynton,
president of Monhegan Island Sustainable
Community Association (MISCA).=20


The Coalition for Coastal Workforce Housing,
co-chaired by Genesis Fund Associate Director
Liza Fleming-Ives, has worked with Majority
Leader Pingree to submit three bills this
session: (1) creating a local option real
estate transfer tax - a 1% tax on properties
sold for more than $500,000 that would become
available to local towns to support housing
for lower to middle income Maine residents, (read
text of LD 762 (http://rs6.net/tn.jsp?t=3D7waja6bab.0.d7z8n6bab.5w7vbvbab.20=
9&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fjanus.state.me.us%2Flegis%2FLawMakerWeb%2Fexte=
rnalsiteframe.asp%3FID%3D280023304%26LD%3D762%26Type%3D1%26SessionID%3D7))(2=
) increasing the
Homestead Exemption for
Maine residents from $13,000 to $20,000, and
(3) amending the Property Tax and Rent Refund
Program to increase the maximum benefit and
expand eligibility.
 Story
continues... (http://rs6.net/tn.jsp?t=3D7waja6bab.0.c7z8n6bab.5w7vbvbab.209&amp;=
ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fccwh.htm)



troubling homeownership stats from MaineHousing - http://rs6.net/tn.jsp?t=
=3D7waja6bab.0.e7z8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genes=
isfund.org%2Fdocuments%2Fmainehousingreport-2005.pdf
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2007 Housing Challenges and Solutions Forum

Camden Housing Committee to host forum on how to address housing challenges=20=
facing Maine

An opportunity to pose questions to an expert
panel of housing and community development
leaders about Maine&#x27;s current housing
challenges and emerging solutions will be
offered on Tuesday, March 20, in
Rockport.

 The forum, which will run
from 8 a.m. to 10 a.m., will be held at
Camden National Corporation&#x27;s Hanley Center
located at 245 Commercial Street (off Route 1
just south of the Route 1/Route 90
intersection).

Panelists will include
Genesis Fund&#x27;s Executive Director Beth
McPherson; Tobi Goldberg of the Federal Home
Loan Bank; Erin Cooperrider of Community
Housing of Maine; Rodney Lynch of the City of
Rockland; and Carlton Pinney of  Penquis CAP
Agency.

Camden National Bank will
sponsor the forum.  If you would like to
attend, please RSVP by March 14 to Sherry
Guarneri at 236-2388 or by email to  squarneri@camdennational.com (mailto:sg=
uarneri@camdennational.com)


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Genesis board bids farewell to veterans and hello to new friends

On April 1, the beginning of the Genesis
Fund&#x27;s fiscal year, two longtime and
much-valued board
members will take their leave.  Charlie
Boothby of Bangor and the Rev. Steve White
of Newcastle are six-year veterans
of the board.&lt;div align=3D&quot;right&quot;&gt;
  &lt;table border=3D&quot;0&quot; cellpadding=3D&quot;0&quot;
cellspacing=3D&quot;1&quot; width=3D&quot;400&quot;&gt;
    &lt;tr&gt;
      &lt;td width=3D&quot;200&quot;&gt;
        &lt;p align=3D&quot;left&quot;&gt;Charlie is the past president
of the Unitarian Universalist

        Affordable Housing Corporation in
Washington, D.C. and
continues to serve on the board of

        directors of the Bangor Housing
Authority.  Steve has served as
        rector of St. Andrew&#x27;s Episcopal
Church&lt;/td&gt;
      &lt;td valign=3D&quot;top&quot; width=3D&quot;192&quot;&gt;Pictured above
        at the October board meeting held on
North Haven:=20

        Board president Joanne Campbell of
Camden National Bank, (left); Cullen Ryan of
Community
        Housing of Maine; and Chris Spruce of
Island Housing Trust (right) listen to
        Pat Curtis board member of North
Haven Sustainable Housing describe the
group&#x27;s work.&lt;/td&gt;
    &lt;/tr&gt;
  &lt;/table&gt;



in Newcastle since 1997 and
is active in the Damariscotta/Newcastle
community and the Diocese of Maine.

=20
The Genesis Fund board is delighted to
welcome three new members, each to serve a
three-year term: Mark Johnston, Chief
Financial Officer Affordable Housing Director at
Waterville-based Kennebec Valley Community
Action Program (KVCAP); Andrew Sturtevant,
Vice President of Loan Services at Franklin
Savings Bank; and the
Rev. Bill Bliss of Bath, pastor of the Bath
United Church of Christ.=20

=20
At the February meeting of the Genesis Fund
board current president
Joanne Campbell, a senior vice president at=20
Camden National Corporation, was elected to
serve an additional one-year term to see
through the leadership transition between=20
Beth McPherson and the new executive
director in the coming year.  The board
expects to announce the appointment of the
next Genesis Fund executive director in
April.


read more about our new board members - http://rs6.net/tn.jsp?t=3D7waja6bab.=
0.f7z8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2F=
boardnews.htm
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Do you have questions about The Genesis Fund?


What are the borrowing criteria?

How can I invest in The Genesis Fund?

Can our organization receive technical
assistance?



Please visit our website at www.genesisfund.org (http://rs6.net/tn.jsp?t=3D7=
waja6bab.0.ekhqcvbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfu=
nd.org)
or
 email Executive Director Beth
McPherson (mailto:beth@genesisfund.org)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~


Genesis Community Loan Fund

Email:info@genesisfund.org

Phone:207.563.6073

Fax:207.563.6055
www.genesisfund.org (http://rs6.net/tn.jsp?t=3D7waja6bab.0.ekhqcvbab.5w7vbvb=
ab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org)


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~



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Genesis Community Loan Fund | 26 Water Street | P.O. Box 609 | Damariscotta=20=
| ME | 04543








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            March 2007
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                What&#x27;s New at Genesis
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ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #=
0000CC;TEXT-DECORATION: none;&quot;&gt;Genesis helps mobile home park residents to p=
urchase their park&lt;/a&gt;&lt;/li&gt;
                    &lt;li style=3D&quot;PADDING-BOTTOM: 10px;&quot; &gt;&lt;a color=3D&quot;#0000CC=
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ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #=
0000CC;TEXT-DECORATION: none;&quot;&gt;Coalition for Coastal Workforce Housing bring=
s message to the State House&lt;/a&gt;&lt;/li&gt;
                    &lt;li style=3D&quot;PADDING-BOTTOM: 10px;&quot; &gt;&lt;a color=3D&quot;#0000CC=
&quot; face=3D&quot;Verdana,Geneva,Arial,Helvetica,sans-serif&quot; href=3D&quot;#article3&quot; shap=
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ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #=
0000CC;TEXT-DECORATION: none;&quot;&gt;2007 Housing Challenges and Solutions Forum&lt;/=
a&gt;&lt;/li&gt;
                    &lt;li style=3D&quot;PADDING-BOTTOM: 10px;&quot; &gt;&lt;a color=3D&quot;#0000CC=
&quot; face=3D&quot;Verdana,Geneva,Arial,Helvetica,sans-serif&quot; href=3D&quot;#article4&quot; shap=
e=3D&quot;rect&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s=
ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #=
0000CC;TEXT-DECORATION: none;&quot;&gt;Genesis board bids farewell to veterans and h=
ello to new friends&lt;/a&gt;&lt;/li&gt;
                    &lt;/ul&gt;
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FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #0066CC;&quot; &gt;
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nt-style:normal;font-weight:bold;color:#FFFFFF;&quot; &gt;Interesting Links&lt;/font&gt;
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KGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;&quot; width=3D&quot;12&quot; &gt;&amp;nb=
sp;&lt;/td&gt;
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llspacing=3D&quot;0&quot; style=3D&quot;BACKGROUND-COLOR: #FFFFFF;&quot; width=3D&quot;100%&quot; &gt;
                &lt;tr &gt;=20
                    &lt;td align=3D&quot;left&quot; colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; valign=
=3D&quot;top&quot; &gt;
                    &lt;ul style=3D&quot;LIST-STYLE: none;PADDING: 5px;MARGIN: 0px;&quot;=
 &gt;
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                    &lt;li style=3D&quot;PADDING-BOTTOM: 10px;&quot; &gt;&lt;a color=3D&quot;#739A59=
&quot; face=3D&quot;Verdana, Geneva, Arial, Helvetica, sans-serif&quot; href=3D&quot;http://rs6.=
net/tn.jsp?t=3D7waja6bab.0.nbiwkvbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F=
%2Fwww.genesisfund.org%2Fnews.htm&quot; shape=3D&quot;rect&quot; size=3D&quot;2&quot; style=3D&quot;FONT-F=
AMILY: Verdana, Geneva, Arial, Helvetica, sans-serif;FONT-SIZE: 10pt;FONT-WE=
IGHT: bold;LETTER-SPACING: -0.05em;COLOR: #739A59;TEXT-DECORATION: none;&quot;&gt;Wh=
at&#x27;s new at the Genesis Fund&lt;/a&gt;&lt;/li&gt;
                   =20
                   =20
                    &lt;li style=3D&quot;PADDING-BOTTOM: 10px;&quot; &gt;&lt;a color=3D&quot;#739A59=
&quot; face=3D&quot;Verdana, Geneva, Arial, Helvetica, sans-serif&quot; href=3D&quot;http://rs6.=
net/tn.jsp?t=3D7waja6bab.0.lbiwkvbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F=
%2Fwww.genesisfund.org%2Ftodaysnews.htm&quot; shape=3D&quot;rect&quot; size=3D&quot;2&quot; style=3D&quot;=
FONT-FAMILY: Verdana, Geneva, Arial, Helvetica, sans-serif;FONT-SIZE: 10pt;F=
ONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #739A59;TEXT-DECORATION: non=
e;&quot;&gt;Today&#x27;s news about affordable housing in the U.S.&lt;/a&gt;&lt;/li&gt;
                   =20
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                    &lt;li style=3D&quot;PADDING-BOTTOM: 10px;&quot; &gt;&lt;a color=3D&quot;#739A59=
&quot; face=3D&quot;Verdana, Geneva, Arial, Helvetica, sans-serif&quot; href=3D&quot;http://rs6.=
net/tn.jsp?t=3D7waja6bab.0.sfegwwbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F=
%2Fwww.genesisfund.org%2FSlideShow%2FSlideShow_1.html&quot; shape=3D&quot;rect&quot; size=
=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana, Geneva, Arial, Helvetica, sans-serif;F=
ONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #739A59;TEXT=
-DECORATION: none;&quot;&gt;View a slideshow of Genesis projects&lt;/a&gt;&lt;/li&gt;
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                &lt;p &gt;
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FONT-WEIGHT: bold;COLOR: #000000;&quot; &gt;
                The Lending Hand e-Newsletter
                &lt;/font&gt;
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               =20
                &lt;p &gt;
                &lt;i&gt;&lt;b&gt;The Lending Hand&lt;/b&gt;&lt;/i&gt; 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 Maine groups working to create
affordable housing and other economic and social
opportunities in their communities by
offering innovative financing, expert
assistance, and help in leveraging other
sources of funding.&lt;br&gt;&lt;br&gt;Find out more
about Genesis by reading below or visit our
website
at &lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0.ekhqcvbab.5w7vbvbab.209&amp;=
ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org&quot;&gt;www.genesisfund.org&lt;/a&gt;.
 &lt;br&gt;&lt;br&gt;We look forward to hearing from
you!&lt;br&gt;&lt;br&gt;
                &lt;/p&gt;
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                &lt;a name=3D&quot;article1&quot; shape=3D&quot;rect&quot;/&gt;
               =20

                &lt;table border=3D&quot;0&quot; cellpadding=3D&quot;0&quot; cellspacing=3D&quot;0&quot; &gt;
               =20
                &lt;tr bgcolor=3D&quot;#0066CC&quot; style=3D&quot;BACKGROUND-COLOR: #0066CC;&quot;=
 &gt;
                    &lt;td colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; valign=3D&quot;top&quot; &gt;
                    &lt;div style=3D&quot;PADDING: 3px;&quot; &gt;
                    &lt;font color=3D&quot;#FFFFFF&quot; face=3D&quot;Arial,Helvetica,sans-ser=
if&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1=
0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;&quot; &gt;
                    Genesis helps mobile home park residents to purchase the=
ir park
                    &lt;/font&gt;
                    &lt;/div&gt;
                    &lt;/td&gt;
                    &lt;td background=3D&quot;http://img.constantcontact.com/letters=
/images/newsletters_crisp2_rounded.gif&quot; colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; style=
=3D&quot;BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;&quot; width=3D&quot;1=
2&quot; &gt;&amp;nbsp;&lt;/td&gt;
                &lt;/tr&gt;
               =20
                &lt;tr &gt;
                    &lt;td colspan=3D&quot;2&quot; rowspan=3D&quot;1&quot; valign=3D&quot;middle&quot; &gt;
                   =20
                    &lt;font color=3D&quot;#0066CC&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;1&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 9pt;LETTER-SPACING: 0.03em;FONT-WEIGHT: bold;CO=
LOR: #0066CC;&quot; &gt;
                    &lt;font color=3D&quot;#0066CC&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;1&quot; style=3D&quot;font-family:Verdana,Geneva,Arial,Helv=
etica,sans-serif;font-size:9pt;font-style:normal;font-weight:bold;color:#006=
6CC;&quot; &gt;Fort Kent residents form cooperative; Genesis applies for grants&lt;/fon=
t&gt;
                    &lt;/font&gt;&lt;br /&gt;
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                    &lt;font color=3D&quot;#000000&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;&quot; &gt;
                    &lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0.a7z8n6b=
ab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fmh3.htm&quot;=20=
shape=3D&quot;rect&quot;&gt;&lt;img align=3D&quot;right&quot; alt=3D&quot;Riverview&quot; border=3D&quot;0&quot; height=
=3D&quot;140&quot; hspace=3D&quot;5&quot; src=3D&quot;http://ih.constantcontact.com/fs093/11012917787=
82/img/43.jpg?a=3D1101558743772&quot; vspace=3D&quot;5&quot; width=3D&quot;180&quot;/&gt;&lt;/a&gt;
                   =20
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                    &lt;p &gt;
                    Despite the evening&#x27;s ten below temperatures,
residents of the Riverview Trailer Park
gathered on February 5 at the Fort Kent town
hall to hear from the Genesis Fund staff
about an idea that would allow them to remain
in their homes past the November date the
park owners have set for closure. &lt;br&gt;&lt;br&gt;
Executive Director Beth McPherson and
Communications Director Heidi Shott traveled
to Fort Kent at the behest of John Bannen,
the town&#x27;s director of planning and economic
development, who is concerned about the
displacement of 16 households that reside at
the park. Some park residents, who own their
mobile homes but lease the land on which they
sit, have lived at Riverview since the late
1960s. Several are elderly and some are young
families for whom the cost of moving a
not-so-mobile home to another piece of land
is prohibitive. The current owners, faced
with insurmountable water and sewer
infrastructure problems, issued the legally
mandated one-year park closure notification
in late November. &lt;br&gt;&lt;br&gt;



At the same time the Genesis Fund, with its
staff just returned from training on
resident-owned cooperatives in New Hampshire, was
considering how to begin the work.=20



=93After the initial phone call with John
Bannen, I realized that we had our first
project to assist with whether we were ready
or not,=94 said McPherson. =93The people at
Riverview needed assistance and the Genesis
Fund was the only group in Maine trained to
help.=94 &lt;br&gt;
                    &lt;/p&gt;
                   =20
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                    &lt;div style=3D&quot;TEXT-ALIGN: right;&quot; &gt;
                    &lt;a color=3D&quot;#0066CC&quot; href=3D&quot;http://rs6.net/tn.jsp?t=3D7=
waja6bab.0.a7z8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfu=
nd.org%2Fmh3.htm&quot; shape=3D&quot;rect&quot; style=3D&quot;FONT-WEIGHT: bold;COLOR: #0066CC;&quot;=
&gt;Read what happened next...&lt;/a&gt;
                    &lt;/div&gt;
                    &lt;/font&gt;
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                &lt;/tr&gt;
                &lt;/table&gt;
                &lt;br /&gt;
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                &lt;a name=3D&quot;article2&quot; shape=3D&quot;rect&quot;/&gt;
               =20

                &lt;table border=3D&quot;0&quot; cellpadding=3D&quot;0&quot; cellspacing=3D&quot;0&quot; &gt;
               =20
                &lt;tr bgcolor=3D&quot;#0066CC&quot; style=3D&quot;BACKGROUND-COLOR: #0066CC;&quot;=
 &gt;
                    &lt;td colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; valign=3D&quot;top&quot; &gt;
                    &lt;div style=3D&quot;PADDING: 3px;&quot; &gt;
                    &lt;font color=3D&quot;#FFFFFF&quot; face=3D&quot;Arial,Helvetica,sans-ser=
if&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1=
0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;&quot; &gt;
                    Coalition for Coastal Workforce Housing brings message t=
o the State House
                    &lt;/font&gt;
                    &lt;/div&gt;
                    &lt;/td&gt;
                    &lt;td background=3D&quot;http://img.constantcontact.com/letters=
/images/newsletters_crisp2_rounded.gif&quot; colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; style=
=3D&quot;BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;&quot; width=3D&quot;1=
2&quot; &gt;&amp;nbsp;&lt;/td&gt;
                &lt;/tr&gt;
               =20
                &lt;tr &gt;
                    &lt;td colspan=3D&quot;2&quot; rowspan=3D&quot;1&quot; valign=3D&quot;middle&quot; &gt;
                   =20
                    &lt;font color=3D&quot;#0066CC&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;1&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 9pt;LETTER-SPACING: 0.03em;FONT-WEIGHT: bold;CO=
LOR: #0066CC;&quot; &gt;
                    &lt;font color=3D&quot;#0066CC&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;1&quot; style=3D&quot;font-family:Verdana,Geneva,Arial,Helv=
etica,sans-serif;font-size:9pt;font-style:normal;font-weight:bold;color:#006=
6CC;&quot; &gt;Legislation proposed for local option real estate tranfer tax&lt;/font&gt;
                    &lt;/font&gt;&lt;br /&gt;
                   =20
                   =20
                    &lt;font color=3D&quot;#000000&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;&quot; &gt;
                    &lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0.c7z8n6b=
ab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fccwh.htm&quot;=
 shape=3D&quot;rect&quot;&gt;&lt;img align=3D&quot;right&quot; alt=3D&quot;coalition for coastal workforce=20=
housing&quot; border=3D&quot;0&quot; height=3D&quot;144&quot; hspace=3D&quot;5&quot; src=3D&quot;http://ih.constantc=
ontact.com/fs093/1101291778782/img/44.jpg?a=3D1101558743772&quot; vspace=3D&quot;5&quot; wi=
dth=3D&quot;192&quot;/&gt;&lt;/a&gt;
                   =20
                   =20
                    &lt;p &gt;
                    As one of the founding organizations of the
Coalition for Coastal Workforce Housing, the
Genesis Fund participated in an event in the
Hall of Flags at the State House on February
27.&lt;br&gt;&lt;br&gt; &lt;i&gt;(Above: As Rep. Ted Koffman of
Mount Desert Island speaks to those assembled
at the State House, Rep. John McKane,
Newcastle; Rep. Hannah Pingree, North Haven;
Doug Boynton, Monhegan; and Roger Berle of
Cliff Island and the Island Coalition; look
on.)&lt;/i&gt;&lt;br&gt;&lt;br&gt;The event was set up to call
attention to the more than 50 bills submitted
in this legislative session regarding
affordable housing. A dozen housing
organizations, including the Genesis Fund,
displayed materials in the Hall, and speakers
included Majority Leader Hannah Pingree, Rep.
Ted Koffman, Rep. Jon McKane, Chris Wolff of
the Island Institute, and Doug Boynton,
president of Monhegan Island Sustainable
Community Association (MISCA). &lt;br&gt;&lt;br&gt;
The Coalition for Coastal Workforce Housing,
co-chaired by Genesis Fund Associate Director
Liza Fleming-Ives, has worked with Majority
Leader Pingree to submit three bills this
session: (1) creating a local option real
estate transfer tax - a 1% tax on properties
sold for more than $500,000 that would become
available to local towns to support housing
for lower to middle income Maine residents, (&lt;a href=3D&quot;http://rs6.net/tn.js=
p?t=3D7waja6bab.0.d7z8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fjanus.=
state.me.us%2Flegis%2FLawMakerWeb%2Fexternalsiteframe.asp%3FID%3D280023304%2=
6LD%3D762%26Type%3D1%26SessionID%3D7&quot;&gt;read
text of LD 762&lt;/a&gt;)(2) increasing the
Homestead Exemption for
Maine residents from $13,000 to $20,000, and
(3) amending the Property Tax and Rent Refund
Program to increase the maximum benefit and
expand eligibility.&lt;br&gt; &lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0.c7z=
8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fccwh.=
htm&quot;&gt;Story
continues...&lt;/a&gt;&lt;br&gt;&lt;br&gt;
                    &lt;/p&gt;
                   =20
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                    &lt;div style=3D&quot;TEXT-ALIGN: right;&quot; &gt;
                    &lt;a color=3D&quot;#0066CC&quot; href=3D&quot;http://rs6.net/tn.jsp?t=3D7=
waja6bab.0.e7z8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfu=
nd.org%2Fdocuments%2Fmainehousingreport-2005.pdf&quot; shape=3D&quot;rect&quot; style=3D&quot;FO=
NT-WEIGHT: bold;COLOR: #0066CC;&quot;&gt;troubling homeownership stats from MaineHou=
sing&lt;/a&gt;
                    &lt;/div&gt;
                    &lt;/font&gt;
                    &lt;/td&gt;
                &lt;/tr&gt;
                &lt;/table&gt;
                &lt;br /&gt;
               =20

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               =20
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                &lt;a name=3D&quot;article3&quot; shape=3D&quot;rect&quot;/&gt;           =20
                &lt;table border=3D&quot;0&quot; cellpadding=3D&quot;0&quot; cellspacing=3D&quot;0&quot; &gt;
               =20
                &lt;tr bgcolor=3D&quot;#0066CC&quot; style=3D&quot;BACKGROUND-COLOR: #0066CC;&quot;=
 &gt;
                    &lt;td colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; valign=3D&quot;top&quot; &gt;
                    &lt;div style=3D&quot;PADDING: 3px;&quot; &gt;
                    &lt;font color=3D&quot;#FFFFFF&quot; face=3D&quot;Arial,Helvetica,sans-ser=
if&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1=
0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;&quot; &gt;
                    2007 Housing Challenges and Solutions Forum
                    &lt;/font&gt;
                    &lt;/div&gt;
                    &lt;/td&gt;
                    &lt;td background=3D&quot;http://img.constantcontact.com/letters=
/images/newsletters_crisp2_rounded.gif&quot; colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; style=
=3D&quot;BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;&quot; width=3D&quot;1=
2&quot; &gt;&amp;nbsp;&lt;/td&gt;
                &lt;/tr&gt;
               =20
                &lt;tr &gt;
                    &lt;td colspan=3D&quot;2&quot; rowspan=3D&quot;1&quot; valign=3D&quot;middle&quot; &gt;
                   =20
                    &lt;font color=3D&quot;#0066CC&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;1&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 9pt;LETTER-SPACING: 0.03em;FONT-WEIGHT: bold;CO=
LOR: #0066CC;&quot; &gt;
                    Camden Housing Committee to host forum on how to address=
 housing challenges facing Maine
                    &lt;/font&gt;&lt;br /&gt;
                   =20
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                    &lt;font color=3D&quot;#000000&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;&quot; &gt;
                   =20
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                    &lt;p &gt;
                    An opportunity to pose questions to an expert
panel of housing and community development
leaders about Maine&#x27;s current housing
challenges and emerging solutions will be
offered on Tuesday, March 20, in
Rockport.&lt;br&gt;&lt;br&gt; The forum, which will run
from 8 a.m. to 10 a.m., will be held at
Camden National Corporation&#x27;s Hanley Center
located at 245 Commercial Street (off Route 1
just south of the Route 1/Route 90
intersection).&lt;br&gt;&lt;br&gt;Panelists will include
Genesis Fund&#x27;s Executive Director Beth
McPherson; Tobi Goldberg of the Federal Home
Loan Bank; Erin Cooperrider of Community
Housing of Maine; Rodney Lynch of the City of
Rockland; and Carlton Pinney of  Penquis CAP
Agency.&lt;br&gt;&lt;br&gt;Camden National Bank will
sponsor the forum.  If you would like to
attend, please RSVP by March 14 to Sherry
Guarneri at 236-2388 or by email to  &lt;a href=3D&quot;mailto:sguarneri@camdennatio=
nal.com&quot;&gt;squarneri@camdennational.com&lt;/a&gt;
                    &lt;/p&gt;
                   =20
                    &lt;div style=3D&quot;TEXT-ALIGN: right;&quot; &gt;
                   =20
                    &lt;/div&gt;
                    &lt;/font&gt;
                    &lt;/td&gt;
                &lt;/tr&gt;
                &lt;/table&gt;
                &lt;br /&gt;
               =20
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                &lt;a name=3D&quot;article4&quot; shape=3D&quot;rect&quot;/&gt;           =20
                &lt;table border=3D&quot;0&quot; cellpadding=3D&quot;0&quot; cellspacing=3D&quot;0&quot; &gt;
               =20
                &lt;tr bgcolor=3D&quot;#0066CC&quot; style=3D&quot;BACKGROUND-COLOR: #0066CC;&quot;=
 &gt;
                    &lt;td colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; valign=3D&quot;top&quot; &gt;
                    &lt;div style=3D&quot;PADDING: 3px;&quot; &gt;
                    &lt;font color=3D&quot;#FFFFFF&quot; face=3D&quot;Arial,Helvetica,sans-ser=
if&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1=
0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;&quot; &gt;
                    Genesis board bids farewell to veterans and hello to new=
 friends
                    &lt;/font&gt;
                    &lt;/div&gt;
                    &lt;/td&gt;
                    &lt;td background=3D&quot;http://img.constantcontact.com/letters=
/images/newsletters_crisp2_rounded.gif&quot; colspan=3D&quot;1&quot; rowspan=3D&quot;1&quot; style=
=3D&quot;BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;&quot; width=3D&quot;1=
2&quot; &gt;&amp;nbsp;&lt;/td&gt;
                &lt;/tr&gt;
               =20
                &lt;tr &gt;
                    &lt;td colspan=3D&quot;2&quot; rowspan=3D&quot;1&quot; valign=3D&quot;middle&quot; &gt;
                   =20
                   =20
                    &lt;font color=3D&quot;#000000&quot; face=3D&quot;Verdana,Geneva,Arial,Hel=
vetica,sans-serif&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Hel=
vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;&quot; &gt;
                    &lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0.f7z8n6b=
ab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fboardnews=
.htm&quot; shape=3D&quot;rect&quot;&gt;&lt;img align=3D&quot;right&quot; alt=3D&quot;board on north haven&quot; borde=
r=3D&quot;0&quot; height=3D&quot;144&quot; hspace=3D&quot;5&quot; src=3D&quot;http://ih.constantcontact.com/fs0=
93/1101291778782/img/46.jpg?a=3D1101558743772&quot; vspace=3D&quot;5&quot; width=3D&quot;192&quot;/&gt;&lt;=
/a&gt;
                   =20
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                    &lt;p &gt;
                    On April 1, the beginning of the Genesis
Fund&#x27;s fiscal year, two longtime and
much-valued board
members will take their leave.  Charlie
Boothby of Bangor and the Rev. Steve White
of Newcastle are six-year veterans
of the board.&lt;div align=3D&quot;right&quot;&gt;
  &lt;table border=3D&quot;0&quot; cellpadding=3D&quot;0&quot;  cellspacing=3D&quot;1&quot; width=3D&quot;400&quot;&gt;
    &lt;tr&gt;
      &lt;td width=3D&quot;200&quot;&gt;
        &lt;p align=3D&quot;left&quot;&gt;&lt;font size=3D&quot;2&quot;  face=3D&quot;Verdana&quot;&gt;Charlie is the=20=
past president
of the Unitarian Universalist&lt;br&gt;
        Affordable Housing Corporation in
Washington, D.C. and
continues to serve on the board of&lt;br&gt;
        directors of the Bangor Housing
Authority.&amp;nbsp; Steve has served as
        rector of St. Andrew&#x27;s Episcopal
Church&lt;/font&gt;&lt;/td&gt;
      &lt;td valign=3D&quot;top&quot; width=3D&quot;192&quot;&gt;&lt;font  face=3D&quot;Arial&quot; size=3D&quot;1&quot;&gt;&lt;i&gt;P=
ictured above
        at the October board meeting held on
North Haven:&amp;nbsp;&lt;br&gt;
        Board president Joanne Campbell of
Camden National Bank, (left); Cullen Ryan of
Community
        Housing of Maine; and Chris Spruce of
Island Housing Trust (right) listen to
        Pat Curtis board member of North
Haven Sustainable Housing describe the
group&#x27;s work.&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;
    &lt;/tr&gt;
  &lt;/table&gt;
&lt;/div&gt;


in Newcastle since 1997 and
is active in the Damariscotta/Newcastle
community and the Diocese of Maine.&lt;br&gt;&lt;br&gt;=20
The Genesis Fund board is delighted to
welcome three new members, each to serve a
three-year term: Mark Johnston, Chief
Financial Officer Affordable Housing Director at
Waterville-based Kennebec Valley Community
Action Program (KVCAP); Andrew Sturtevant,
Vice President of Loan Services at Franklin
Savings Bank; and the
Rev. Bill Bliss of Bath, pastor of the Bath
United Church of Christ. &lt;br&gt;&lt;br&gt;=20
At the February meeting of the Genesis Fund
board current president
Joanne Campbell, a senior vice president at=20
Camden National Corporation, was elected to
serve an additional one-year term to see
through the leadership transition between=20
Beth McPherson and the new executive
director in the coming year.  The board
expects to announce the appointment of the
next Genesis Fund executive director in
April.&lt;br&gt;
                    &lt;/p&gt;
                   =20
                    &lt;div style=3D&quot;TEXT-ALIGN: right;&quot; &gt;
                    &lt;a color=3D&quot;#0066CC&quot; href=3D&quot;http://rs6.net/tn.jsp?t=3D7=
waja6bab.0.f7z8n6bab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfu=
nd.org%2Fboardnews.htm&quot; shape=3D&quot;rect&quot; style=3D&quot;FONT-WEIGHT: bold;COLOR: #00=
66CC;&quot;&gt;read more about our new board members&lt;/a&gt;
                    &lt;/div&gt;
                    &lt;/font&gt;
                    &lt;/td&gt;
                &lt;/tr&gt;
                &lt;/table&gt;
                &lt;br /&gt;
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                &lt;/div&gt;
                &lt;/td&gt;
            &lt;/tr&gt;
            &lt;/table&gt;
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            &lt;/td&gt;
           =20

        &lt;/tr&gt;=20
   =20
       =20

        &lt;tr &gt;
            &lt;td colspan=3D&quot;2&quot; rowspan=3D&quot;1&quot; &gt;
            &lt;font color=3D&quot;#000000&quot; face=3D&quot;Verdana,Geneva,Arial,Helvetica,s=
ans-serif&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s=
ans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;&quot; &gt;
           =20

           =20
            &lt;hr color=3D&quot;#000000&quot; style=3D&quot;COLOR: #000000;HEIGHT: 1px;&quot; /&gt; =20=
         =20
            &lt;font color=3D&quot;#000000&quot; face=3D&quot;Verdana,Geneva,Arial,Helvetica,s=
ans-serif&quot; size=3D&quot;2&quot; style=3D&quot;FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s=
ans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;&quot; &gt;        =20=
  =20
           =20
            &lt;p &gt;
            &lt;center&gt;&lt;b&gt;Do you have questions about The Genesis Fund?
&lt;/b&gt;&lt;br&gt;
&lt;i&gt;What are the borrowing criteria?&lt;br&gt;
How can I invest in The Genesis Fund?&lt;br&gt;
Can our organization receive technical
assistance?&lt;/i&gt;&lt;p&gt;&lt;/p&gt;

Please visit our website at &lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0=
.ekhqcvbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org&quot;&gt;ww=
w.genesisfund.org&lt;/a&gt;
or&lt;br&gt; email Executive Director &lt;a href=3D&quot;mailto:beth@genesisfund.org&quot;&gt;Beth
McPherson&lt;/a&gt;&lt;/center&gt;
            &lt;/p&gt;
                       =20
            &lt;/font&gt;
           =20
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           =20
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            &lt;br /&gt;
           =20
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            &lt;div &gt;   =20
            &lt;b&gt;Genesis Community Loan Fund&lt;/b&gt;
            &lt;/div&gt;
           =20
           =20
            &lt;hr align=3D&quot;left&quot; color=3D&quot;#000000&quot; size=3D&quot;1&quot; style=3D&quot;COLOR:=20=
#000000;HEIGHT: 1px;&quot; width=3D&quot;50%&quot; /&gt;
           =20

           =20
            &lt;div &gt;
            Email:
            &lt;font color=3D&quot;#0066CC&quot; style=3D&quot;FONT-WEIGHT: bold;COLOR: #0066C=
C;&quot; &gt;
            &lt;a color=3D&quot;#0066CC&quot; href=3D&quot;mailto:info@genesisfund.org&quot; shape=
=3D&quot;rect&quot; style=3D&quot;FONT-WEIGHT: bold;COLOR: #0066CC;&quot;&gt;info@genesisfund.org&lt;/=
a&gt;       =20
            &lt;/font&gt;
            &lt;/div&gt;
           =20
           =20
           =20
            &lt;div &gt;
            Phone:
            207.563.6073
            &lt;/div&gt;
           =20

           =20
            &lt;div &gt;
            Fax:
            207.563.6055&lt;br&gt;&lt;a href=3D&quot;http://rs6.net/tn.jsp?t=3D7waja6bab.0=
.ekhqcvbab.5w7vbvbab.209&amp;ts=3DS0231&amp;p=3Dhttp%3A%2F%2Fwww.genesisfund.org&quot;&gt;ww=
w.genesisfund.org&lt;/a&gt;
            &lt;/div&gt;
           =20
           =20
           =20
           =20

       =20
           =20
           =20
   =20
            &lt;/font&gt;
            &lt;/td&gt;
        &lt;/tr&gt;=20
        &lt;/table&gt;   =20
       =20
       =20

        &lt;/td&gt;
    &lt;/tr&gt;
    &lt;/table&gt;
    &lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;



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&lt;/tr&gt;
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   =20
&lt;/div&gt;
&lt;br /&gt;
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