Return-Path: <ESC1101630251970_1101291778782_209@in.constantcontact.com> Received: from rly-ya01.mx.aol.com (rly-ya01.mail.aol.com [172.18.141.83]) by air-ya03.mail.aol.com (v115.11) with ESMTP id MAILINYA34-139464b2bcd243; Wed, 16 May 2007 12:06:14 -0400 Received: from ccm16.constantcontact.com (ccm16.constantcontact.com [66.151.234.153]) by rly-ya01.mx.aol.com (v115.11) with ESMTP id MAILRELAYINYA13-139464b2bcd243; Wed, 16 May 2007 12:05:35 -0400 Received: from ws005 (unknown [10.250.0.101]) by ccm16.constantcontact.com (Postfix) with ESMTP id A94672ED76E for <mlongreene2@aol.com>; Wed, 16 May 2007 12:05:33 -0400 (EDT) Message-ID: <1101630251970.1101291778782.209.5.3912052E@scheduler> Date: Wed, 16 May 2007 12:05:37 -0400 (EDT) From: The Genesis Fund <info@genesisfund.org> Reply-To: heidi@genesisfund.org To: mlongreene2@aol.com Subject: The Lending Hand e-newsletter Mime-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_Part_30320552_325131795.1179331537815" X-Mailer: Roving Constant Contact 0 (http://www.constantcontact.com) X-Return-Path-Hint: ESC1101630251970_1101291778782_209@in.roving.com X-Roving-ID: 1101630251970 X-Lumos-SenderID: 1101291778782 X-Roving-CampaignId: 1101630251970 X-Roving-StreamId: 0 X-AOL-IP: 66.151.234.153 Content-Transfer-Encoding: 7bit ------=_Part_30320552_325131795.1179331537815 Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable May 2007 What's New at Genesis ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Beth McPherson to receive Golden Grower Philanthropy Award 2006 data demonstrates gaps between income and housing costs The Genesis Fund takes its show on the road ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ What's new at the Genesis Fund - http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0.nbiwk= vbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fnews.ht= m Today's news about affordable housing in the U.S. - http://rs6.net/tn.jsp?t= =3Dc5ipe4bab.0.lbiwkvbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genes= isfund.org%2Ftodaysnews.htm View a slideshow of Genesis projects - http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0= .sfegwwbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2FS= lideShow%2FSlideShow_1.html Environmental Finance for Affordable Housing - http://rs6.net/tn.jsp?t=3Dc5i= pe4bab.0.zs8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.bos.frb.org= %2Fcommdev%2Fc%26b%2F2007%2Fspring%2Farticle8.pdf ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ "Poverty in Maine - 2006: Statewide Trends" Report - http://rs6.net/tn.jsp?t= =3Dc5ipe4bab.0.9s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.umain= e.edu%2Fmcsc%2FResearch%2F2006PovertyRpt%2F06PovRpthtml%2Fpov06_state.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Join our mailing list! http://ui.constantcontact.com/d.jsp?p=3Doi&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=3Dc5ipe4bab.0.ekhqcvbab.5w7v= bvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org). =20 We look forward to hearing from you! Beth McPherson to receive Golden Grower Philanthropy Award Maine Initiatives honors outgoing Genesis Fund executive director Genesis Fund executive director Beth McPherson will be honored by Maine Initiatives at its 2007 Watering Can Awards Dinner on May 24 at the Taste of Maine Restaurant in Woolwich. Beth will receive the Golden Grower Philanthropy Award for her work with the Genesis Fund and Maine Funders for Change.=20 Maine Funders for Change began in 1994 as an effort by five nonprofit organizations - Maine Initiatives, MaineShare, Maine Women's Fund, Haymarket People's Fund, and the Genesis Community Loan Fund - to broaden the philanthropic reach of nonprofits with volunteer boards and small staffs at a time of declining federal and state support. Karin Anderson of the Maine Women's Fund and Maine Initiatives' outgoing director, Deborah Felder, both of whom were key players in the effort, will be honored along with Beth. Congratulations to each of them! More about the Maine Initiatives Annual Event.. - http://rs6.net/tn.jsp?t= =3Dc5ipe4bab.0.6s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.maine= initiatives.org%2Fresources.aspx ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2006 data demonstrates gaps between income and housing costs MaineHousing posts local housing stats online While the Genesis Fund is best known for its nimble and creative assistance to Maine nonprofits, we occasionally become fascinated by statistical analysis of Maine's housing climate. This is one of those times. For the first time MaineHousing has posted detailed local housing information online at www.mainehousing.org/reports.html (http://rs6.net/tn.jsp?t=3Dc5ipe= 4bab.0.5s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.mainehousing.= org%2Freports.html) (from there click on "Housing Facts").=20 Reports detail homeownership facts and rental affordablility figures for the entire state and for each county. In addition, the reports break down median home prices and median household income for municpalities in each county. Separate reports are also included for our two congressional districts and for 28 individual housing markets (and the muncipalies therein). Additional information in the rental facts reports pertains to assisted housing and household demographics. Below is a short summary of the findings. Please use the link at the bottom of this article to find detailed information about your community. =B7 Between 2001 and 2006 the median home price in Maine rose 68.3% (from $118,900 to $185,000) while median income rose 17.2%. (from $40,862 to $44,488). =B7 In 2006, 66.6% of Maine households (370,395) were unable to afford a median priced home (i.e. enough income to cover mortgage, taxes, insurance without exceeding 28% of gross income). While the 2006 figure is down slightly from the 2005 high of 68%, it is up from the 2001 figure of 54% of households (273,260) unable to afford a median price home. That means close to 100,000 additional Maine households were priced out of a home in their community over a five-year span. =20 =B7 The average rent for a two bedroom apartment rose 30.4% during the same five-year period. =B7 The percentage of renters paying more than 30% of their household income for rent rose from 38.3% in 2001 to 44.4% in 2006. =20 =B7 The median household income for renters was $28,387 in 2006. This reflects the considerable difference of $16,000 between Maine median income and the income of those who rent. Also of interest is the recent report from the Margaret Chase Smith Policy Center at the University of Maine, "Poverty in Maine - 2006: Statewide Patterns," available here (http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0.9s8d54bab.5w7vbvbab.209&ts=3DS0253&p= =3Dhttp%3A%2F%2Fwww.umaine.edu%2Fmcsc%2FResearch%2F2006PovertyRpt%2F06PovRpt= html%2Fpov06_state.html). Click here (and then on "Housing Facts") for detailed information about your= area - http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0.5s8d54bab.5w7vbvbab.209&ts=3DS= 0253&p=3Dhttp%3A%2F%2Fwww.mainehousing.org%2Freports.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Genesis Fund takes its show on the road Invite us to share the work we do with nonprofit groups across Maine Since 1992, the Genesis Fund has provided low-cost financing and expert assistance to more than 135 Maine nonprofit organizations. Groups working to improve affordable housing and local community facilites have often heard about us by word-of-mouth. While that has kept Genesis Fund staff busy over the past 15 years, it is time to share the stories about projects we've worked on in a more deliberate way. Beginning in May, Genesis Fund Communications Director Heidi Shott (pictured above receiving her first Rotary coffee mug from Damariscotta/Newcastle Rotary Vice President Phil Congdon and Camden National Bank's Gary Stone) started giving talks to groups across the state about the Genesis Fund's work in affordable and supportive housing, community development, sustaining island communities, as well as its newest work with residents of mobile home parks. Heidi would be pleased to talk with business groups, civic club leaders, churches, and nonprofit organizations about making a presentation tailored to your interests and region. Please contact her at 207.563.6073 or heidi@genesisfund.org (mailto:heidi@genesisfund.org)to set up a visit. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 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=3Dc= 5ipe4bab.0.ekhqcvbab.5w7vbvbab.209&ts=3DS0253&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=3Dc5ipe4bab.0.ekhqcvbab.5w7vbvb= ab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Forward email http://ui.constantcontact.com/sa/fwtf.jsp?m=3D1101291778782&ea=3Dmlongreene2= %40aol.com&a=3D1101630251970 This email was sent to mlongreene2@aol.com, by info@genesisfund.org Update Profile/Email Address http://ui.constantcontact.com/d.jsp?p=3Doo&m=3D1101291778782&ea=3Dmlongreene= 2%40aol.com&se=3D209&t=3D1101630251970&lang=3Den&reason=3DF Instant removal with SafeUnsubscribe(TM) http://ui.constantcontact.com/d.jsp?p=3Dun&m=3D1101291778782&ea=3Dmlongreene= 2%40aol.com&se=3D209&t=3D1101630251970&lang=3Den&reason=3DF Privacy Policy: http://ui.constantcontact.com/roving/CCPrivacyPolicy.jsp Genesis Community Loan Fund | 26 Water Street | P.O. Box 609 | Damariscotta=20= | ME | 04543 ------=_Part_30320552_325131795.1179331537815 Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable =20 <head > <title >The Lending Hand e-newsletter</title></head> =20 <body bgcolor=3D"#FFFFFF" style=3D"BACKGROUND-COLOR: #FFFFFF;MARGIN: 10px;"=20= ><!--Copyright (c) 1996-2006 Roving Software Incorporated d/b/a Constant Con= tact. All rights reserved. Except as permitted under a separate written agreement with Constant Contact, neither the Constant Contact softwa= re, nor any content that appears on any Constant Contact site, including but not limited to, web pages, newsletters, or templates may be re= produced, republished, repurposed, or distributed without the prior written permission of Constant Contact. For inquiries regarding repro= duction or distribution of any Constant Contact material, please contact legal@constantcontact.com.--> <div align=3D"center" bgcolor=3D"#FFFFFF" style=3D"BACKGROUND-COLOR: #FFFFFF= ;MARGIN: 10px;" > <img alt=3D" " height=3D"1" src=3D"http://rs6.net/on.jsp?t=3D1101630251970.0= .1101291778782.209&ts=3DS0253&o=3Dhttp://ui.constantcontact.com/images/p1x1.= gif" width=3D"1"/> <table bgcolor=3D"#000000" cellpadding=3D"1" cellspacing=3D"0" style=3D"BACK= GROUND-COLOR: #000000;" width=3D"600" > <tr > <td align=3D"center" colspan=3D"1" rowspan=3D"1" valign=3D"bottom" > =20= =20 =20 =20 <table bgcolor=3D"#FFFFFF" cellpadding=3D"0" cellspacing=3D"0" style=3D"= BACKGROUND-COLOR: #FFFFFF;" width=3D"100%" > =20 =20 <tr > <td align=3D"center" colspan=3D"1" rowspan=3D"1" valign=3D"bottom" >= =20 =20 <div class=3D"LogoLayout" > =20 </div> </td> </tr> =20 =20 <tr > <td align=3D"center" colspan=3D"1" rowspan=3D"1" valign=3D"bottom" >= =20 =20 =20 =20 =20 <table bgcolor=3D"#FFFFFF" border=3D"0" cellpadding=3D"0" cellspacin= g=3D"0" style=3D"BACKGROUND-COLOR: #FFFFFF;" width=3D"600" > <tr > <td align=3D"right" background=3D"http://ih.constantcontact.com/= fs093/1101291778782/img/3.jpg?a=3D1101630251970" colspan=3D"1" rowspan=3D"1"= style=3D"BACKGROUND-REPEAT: no-repeat;" > <br /><br /><br /><br /><br /> <table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width= =3D"100%" > <tr > <td align=3D"right" background=3D"" colspan=3D"1" rowspan= =3D"1" style=3D"BACKGROUND-REPEAT: repeat;PADDING-LEFT: 10px;PADDING-RIGHT:=20= 10px;" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"2" style=3D"COLOR: #FFFFFF;FONT-SIZE: 10pt;FONT-WEIGHT: bold;FONT-FA= MILY: Arial,Helvetica,sans-serif;" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"1" style=3D"font-family:Arial,Helvetica,sans-serif;font-size:8pt;fon= t-style:normal;font-weight:bold;color:#FFFFFF;" ><br><br><br><br></font> </font> <br /> =20 </td> </tr> </table> </td> </tr> </table> =20 =20 <table border=3D"0" cellpadding=3D"5" cellspacing=3D"0" width=3D"600= " > =20 =20 =20 =20 <tr bgcolor=3D"#FFFFFF" style=3D"PADDING: 3px;BACKGROUND-COLOR: #FFF= FFF;" > <td align=3D"right" colspan=3D"2" rowspan=3D"1" > =20 <font color=3D"#000000" face=3D"Arial,Helvetica,sans-serif" size= =3D"2" style=3D"COLOR: #000000;FONT-SIZE: 10pt;FONT-WEIGHT: bold;FONT-FAMILY= : Arial,Helvetica,sans-serif;" > May 2007 </font> =20 </td> </tr> =20 =20 <tr > =20 <td bgcolor=3D"#FFFFFF" colspan=3D"1" rowspan=3D"1" style=3D"BAC= KGROUND-COLOR: #FFFFFF;" valign=3D"top" > =20 <table bgcolor=3D"#9A5973" border=3D"0" cellpadding=3D"1" cellsp= acing=3D"0" style=3D"BACKGROUND-COLOR: #9A5973;" width=3D"175" > <tr >=20 <td align=3D"center" colspan=3D"1" rowspan=3D"1" > =20 =20 <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 11pt;= FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #FFFFFF;" > What's New at Genesis </font> =20 </td> <td background=3D"http://img.constantcontact.com/letters/ima= ges/newsletters_crisp2_rounded.gif" colspan=3D"1" rowspan=3D"1" style=3D"BAC= KGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;" width=3D"12" >&nb= sp;</td> </tr> =20 <tr >=20 <td colspan=3D"2" rowspan=3D"1" > <table border=3D"0" cellpadding=3D"3" cellspacing=3D"0" widt= h=3D"100%" > <tr bgcolor=3D"#FFFFFF" style=3D"BACKGROUND-COLOR: #FFFFFF;"= >=20 <td align=3D"left" colspan=3D"1" rowspan=3D"1" valign= =3D"top" > <font color=3D"#0000CC" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;= COLOR: #0000CC;TEXT-DECORATION: none;" > <ul style=3D"LIST-STYLE: none;PADDING: 5px;MARGIN: 0px;"= > <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#0000CC= " face=3D"Verdana,Geneva,Arial,Helvetica,sans-serif" href=3D"#article1" shap= e=3D"rect" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s= ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #= 0000CC;TEXT-DECORATION: none;">Beth McPherson to receive Golden Grower Phila= nthropy Award</a></li> <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#0000CC= " face=3D"Verdana,Geneva,Arial,Helvetica,sans-serif" href=3D"#article2" shap= e=3D"rect" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s= ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #= 0000CC;TEXT-DECORATION: none;">2006 data demonstrates gaps between income an= d housing costs</a></li> <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#0000CC= " face=3D"Verdana,Geneva,Arial,Helvetica,sans-serif" href=3D"#article3" shap= e=3D"rect" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s= ans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #= 0000CC;TEXT-DECORATION: none;">The Genesis Fund takes its show on the road</= a></li> =20 </ul> </font> </td> </tr> </table> </td> </tr> =20 </table> =20 <br /> =20 =20 =20 =20 <table bgcolor=3D"#9A5973" border=3D"0" cellpadding=3D"1" cellsp= acing=3D"0" style=3D"BACKGROUND-COLOR: #9A5973;" width=3D"100%" > =20 <tr >=20 <td align=3D"center" colspan=3D"1" rowspan=3D"1" > <font color=3D"#0066CC" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 11pt;= FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #0066CC;" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"2" style=3D"font-family:Arial,Helvetica,sans-serif;font-size:11pt;fo= nt-style:normal;font-weight:bold;color:#FFFFFF;" >Interesting Links</font> </font> </td> <td background=3D"http://img.constantcontact.com/letters/ima= ges/newsletters_crisp2_rounded.gif" colspan=3D"1" rowspan=3D"1" style=3D"BAC= KGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;" width=3D"12" >&nb= sp;</td> </tr> =20 <tr >=20 <td colspan=3D"2" rowspan=3D"1" > <table bgcolor=3D"#FFFFFF" border=3D"0" cellpadding=3D"3" ce= llspacing=3D"0" style=3D"BACKGROUND-COLOR: #FFFFFF;" width=3D"100%" > <tr >=20 <td align=3D"left" colspan=3D"1" rowspan=3D"1" valign= =3D"top" > <ul style=3D"LIST-STYLE: none;PADDING: 5px;MARGIN: 0px;"= > =20 <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#739A59= " face=3D"Verdana, Geneva, Arial, Helvetica, sans-serif" href=3D"http://rs6.= net/tn.jsp?t=3Dc5ipe4bab.0.nbiwkvbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F= %2Fwww.genesisfund.org%2Fnews.htm" shape=3D"rect" size=3D"2" style=3D"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;">Wh= at's new at the Genesis Fund</a></li> =20 =20 <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#739A59= " face=3D"Verdana, Geneva, Arial, Helvetica, sans-serif" href=3D"http://rs6.= net/tn.jsp?t=3Dc5ipe4bab.0.lbiwkvbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F= %2Fwww.genesisfund.org%2Ftodaysnews.htm" shape=3D"rect" size=3D"2" style=3D"= 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;">Today's news about affordable housing in the U.S.</a></li> =20 =20 <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#739A59= " face=3D"Verdana, Geneva, Arial, Helvetica, sans-serif" href=3D"http://rs6.= net/tn.jsp?t=3Dc5ipe4bab.0.sfegwwbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F= %2Fwww.genesisfund.org%2FSlideShow%2FSlideShow_1.html" shape=3D"rect" size= =3D"2" style=3D"FONT-FAMILY: Verdana, Geneva, Arial, Helvetica, sans-serif;F= ONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #739A59;TEXT= -DECORATION: none;">View a slideshow of Genesis projects</a></li> =20 =20 =20 <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#739A59= " face=3D"Verdana, Geneva, Arial, Helvetica, sans-serif" href=3D"http://rs6.= net/tn.jsp?t=3Dc5ipe4bab.0.zs8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F= %2Fwww.bos.frb.org%2Fcommdev%2Fc%26b%2F2007%2Fspring%2Farticle8.pdf" shape= =3D"rect" size=3D"2" style=3D"FONT-FAMILY: Verdana, Geneva, Arial, Helvetica= , sans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR= : #739A59;TEXT-DECORATION: none;">Environmental Finance for Affordable Housi= ng</a></li> =20 <li style=3D"PADDING-BOTTOM: 10px;" ><a color=3D"#739A59= " face=3D"Verdana, Geneva, Arial, Helvetica, sans-serif" href=3D"http://rs6.= net/tn.jsp?t=3Dc5ipe4bab.0.9s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F= %2Fwww.umaine.edu%2Fmcsc%2FResearch%2F2006PovertyRpt%2F06PovRpthtml%2Fpov06_= state.html" shape=3D"rect" size=3D"2" style=3D"FONT-FAMILY: Verdana, Geneva,= Arial, Helvetica, sans-serif;FONT-SIZE: 10pt;FONT-WEIGHT: bold;LETTER-SPACI= NG: -0.05em;COLOR: #739A59;TEXT-DECORATION: none;">"Poverty in Maine - 2006:= Statewide Trends" Report</a></li> =20 </ul> =20 </td> </tr> </table> </td> </tr> </table> =20 <br /> =20 =20 =20 =20 =20 =20 <table bgcolor=3D"#9A5973" border=3D"0" cellpadding=3D"1" cellsp= acing=3D"0" style=3D"BACKGROUND-COLOR: #9A5973;" width=3D"100%" > <tr >=20 <td align=3D"center" colspan=3D"1" rowspan=3D"1" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 11pt;= FONT-WEIGHT: bold;LETTER-SPACING: -0.05em;COLOR: #FFFFFF;" > Join our list </font> </td> <td background=3D"http://img.constantcontact.com/letters/ima= ges/newsletters_crisp2_rounded.gif" colspan=3D"1" rowspan=3D"1" style=3D"BAC= KGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;" width=3D"12" >&nb= sp;</td> </tr> <tr >=20 <td colspan=3D"2" rowspan=3D"1" >=20 <table bgcolor=3D"#FFFFFF" border=3D"0" cellpadding=3D"3" ce= llspacing=3D"0" style=3D"BACKGROUND-COLOR: #FFFFFF;" width=3D"100%" > <tr >=20 <td align=3D"center" colspan=3D"1" rowspan=3D"1" valign= =3D"top" > =20 <font color=3D"#000000" face=3D"Arial, Helvetica, sans-s= erif" size=3D"2" style=3D"FONT-FAMILY: Arial, Helvetica, sans-serif;FONT-SIZ= E: 10pt;FONT-WEIGHT: bold;COLOR: #000000;TEXT-ALIGN: center;" > =20 <form action=3D"http://ui.constantcontact.com/d.jsp" met= hod=3D"post" target=3D"_blank" >Join our mailing list!<br /><input name=3D"m= " type=3D"hidden" value=3D"1101291778782" /><input name=3D"p" type=3D"hidden= " value=3D"oi" /><input name=3D"ea" size=3D"15" type=3D"text" /><input style= =3D"font-size: 9pt;" type=3D"submit" value=3D"Join" /></form> =20 </font> =20 </td> </tr> </table> </td> </tr> </table> =20 </td> =20 =20 =20 <td bgcolor=3D"#FFFFFF" colspan=3D"1" rowspan=3D"1" style=3D"BAC= KGROUND-COLOR: #FFFFFF;" valign=3D"top" width=3D"100%" > =20 <table border=3D"0" cellpadding=3D"3" cellspacing=3D"0" width= =3D"100%" > <tr > <td colspan=3D"1" rowspan=3D"1" > <div style=3D"PADDING: 0px;" > <font color=3D"#000000" face=3D"Verdana,Geneva,Arial,Helveti= ca,sans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Helveti= ca,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;" > =20 <p > <font color=3D"#000000" face=3D"Arial,Helvetica,sans-serif"=20= size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 10pt;= FONT-WEIGHT: bold;COLOR: #000000;" > The Lending Hand e-Newsletter </font> </p> =20 <p > <i><b>The Lending Hand</b></i> 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.<br><br>Find out more about Genesis by reading below or visit our website at <a href=3D"http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0.ekhqcvbab.5w7vbvbab.209&= ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org">www.genesisfund.org</a>. <br><br>We look forward to hearing from you!<br><br> </p> =20 =20 </font> =20 =20 =20 =20 <a name=3D"article1" shape=3D"rect"/> =20 <table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" > =20 <tr bgcolor=3D"#0066CC" style=3D"BACKGROUND-COLOR: #0066CC;"= > <td colspan=3D"1" rowspan=3D"1" valign=3D"top" > <div style=3D"PADDING: 3px;" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-ser= if" size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1= 0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;" > Beth McPherson to receive Golden Grower Philanthropy Awa= rd </font> </div> </td> <td background=3D"http://img.constantcontact.com/letters= /images/newsletters_crisp2_rounded.gif" colspan=3D"1" rowspan=3D"1" style= =3D"BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;" width=3D"1= 2" >&nbsp;</td> </tr> =20 <tr > <td colspan=3D"2" rowspan=3D"1" valign=3D"middle" > =20 <font color=3D"#0066CC" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"1" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 9pt;LETTER-SPACING: 0.03em;FONT-WEIGHT: bold;CO= LOR: #0066CC;" > <font color=3D"#0066CC" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"1" style=3D"font-family:Verdana,Geneva,Arial,Helv= etica,sans-serif;font-size:9pt;font-style:normal;font-weight:bold;color:#006= 6CC;" >Maine Initiatives honors outgoing Genesis Fund executive director</fo= nt> </font><br /> =20 =20 <font color=3D"#000000" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;" > <a href=3D"http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0.dkhqcvb= ab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org%2Fstaff.htm= " shape=3D"rect"><img align=3D"right" alt=3D"Beth McPherson" border=3D"0" he= ight=3D"162" hspace=3D"5" src=3D"http://ih.constantcontact.com/fs093/1101291= 778782/img/50.jpg?a=3D1101630251970" vspace=3D"5" width=3D"216"/></a> =20 =20 <p > Genesis Fund executive director Beth McPherson will be honored by Maine Initiatives at its 2007 Watering Can Awards Dinner on May 24 at the Taste of Maine Restaurant in Woolwich.<br><br>Beth will receive the Golden Grower Philanthropy Award for her work with the Genesis Fund and Maine Funders for Change. <br><br>Maine Funders for Change began in 1994 as an effort by five nonprofit organizations - Maine Initiatives, MaineShare, Maine Women's Fund, Haymarket People's Fund, and the Genesis Community Loan Fund - to broaden the philanthropic reach of nonprofits with volunteer boards and small staffs at a time of declining federal and state support. Karin Anderson of the Maine Women's Fund and Maine Initiatives' outgoing director, Deborah Felder, both of whom were key players in the effort, will be honored along with Beth.<br><br> Congratulations to each of them!<br> </p> =20 =20 <div style=3D"TEXT-ALIGN: right;" > <a color=3D"#0066CC" href=3D"http://rs6.net/tn.jsp?t=3Dc= 5ipe4bab.0.6s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.maineinit= iatives.org%2Fresources.aspx" shape=3D"rect" style=3D"FONT-WEIGHT: bold;COLO= R: #0066CC;">More about the Maine Initiatives Annual Event..</a> </div> </font> </td> </tr> </table> <br /> =20 =20 =20 =20 =20 =20 <a name=3D"article2" shape=3D"rect"/> =20 <table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" > =20 <tr bgcolor=3D"#0066CC" style=3D"BACKGROUND-COLOR: #0066CC;"= > <td colspan=3D"1" rowspan=3D"1" valign=3D"top" > <div style=3D"PADDING: 3px;" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-ser= if" size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1= 0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;" > 2006 data demonstrates gaps between income and housing c= osts </font> </div> </td> <td background=3D"http://img.constantcontact.com/letters= /images/newsletters_crisp2_rounded.gif" colspan=3D"1" rowspan=3D"1" style= =3D"BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;" width=3D"1= 2" >&nbsp;</td> </tr> =20 <tr > <td colspan=3D"2" rowspan=3D"1" valign=3D"middle" > =20 <font color=3D"#0066CC" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"1" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 9pt;LETTER-SPACING: 0.03em;FONT-WEIGHT: bold;CO= LOR: #0066CC;" > <font color=3D"#0066CC" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"1" style=3D"font-family:Verdana,Geneva,Arial,Helv= etica,sans-serif;font-size:9pt;font-style:normal;font-weight:bold;color:#006= 6CC;" >MaineHousing posts local housing stats online</font> </font><br /> =20 =20 <font color=3D"#000000" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;" > =20 =20 =20 <p > While the Genesis Fund is best known for its nimble and creative assistance to Maine nonprofits, we occasionally become fascinated by statistical analysis of Maine's housing climate. This is one of those times.<br><br>For the first time MaineHousing has posted detailed <b>local </b>housing information online at <a href=3D"http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0.5s8d54bab.5w7vbvb= ab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.mainehousing.org%2Freports.html">www.= mainehousing.org/reports.html</a> (from there click on "Housing Facts").=20 <br><br>Reports detail homeownership facts and rental affordablility figures for the entire state and for each county. In addition, the reports break down median home prices and median household income for municpalities in each county. Separate reports are also included for our two congressional districts and for 28 individual housing markets (and the muncipalies therein). Additional information in the rental facts reports pertains to assisted housing and household demographics.<br><br>Below is a short summary of the findings. Please use the link at the bottom of this article to find detailed information about your community.<br><br>=B7 Between 2001 and 2006 the median home price in Maine rose 68.3% (from $118,900 to $185,000) while median income rose 17.2%. (from $40,862 to $44,488).<br><br> =B7 In 2006, 66.6% of Maine households (370,395) were unable to afford a median priced home (i.e. enough income to cover mortgage, taxes, insurance without exceeding 28% of gross income). While the 2006 figure is down slightly from the 2005 high of 68%, it is up from the 2001 figure of 54% of households (273,260) unable to afford a median price home. That means close to <b>100,000 additional Maine households were priced out of a home in their community </b>over a five-year span.<br><br> =20 =B7 The average rent for a two bedroom apartment rose 30.4% during the same five-year period.<br><br> =B7 The percentage of renters paying more than 30% of their household income for rent rose from 38.3% in 2001 to 44.4% in 2006. <br><br> =B7 The median household income for renters was $28,387 in 2006. This reflects the considerable difference of $16,000 between Maine median income and the income of those who rent.<br><br> Also of interest is the recent report from the Margaret Chase Smith Policy Center at the University of Maine, "Poverty in Maine - 2006: Statewide Patterns," available <a href=3D"http://rs6.net/tn.jsp?t=3Dc5= ipe4bab.0.9s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.umaine.edu= %2Fmcsc%2FResearch%2F2006PovertyRpt%2F06PovRpthtml%2Fpov06_state.html">here </a>. </p> =20 =20 <div style=3D"TEXT-ALIGN: right;" > <a color=3D"#0066CC" href=3D"http://rs6.net/tn.jsp?t=3Dc= 5ipe4bab.0.5s8d54bab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.mainehous= ing.org%2Freports.html" shape=3D"rect" style=3D"FONT-WEIGHT: bold;COLOR: #00= 66CC;">Click here (and then on "Housing Facts") for detailed information abo= ut your area</a> </div> </font> </td> </tr> </table> <br /> =20 =20 =20 =20 =20 =20 =20 <a name=3D"article3" shape=3D"rect"/> =20 <table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" > =20 <tr bgcolor=3D"#0066CC" style=3D"BACKGROUND-COLOR: #0066CC;"= > <td colspan=3D"1" rowspan=3D"1" valign=3D"top" > <div style=3D"PADDING: 3px;" > <font color=3D"#FFFFFF" face=3D"Arial,Helvetica,sans-ser= if" size=3D"2" style=3D"FONT-FAMILY: Arial,Helvetica,sans-serif;FONT-SIZE: 1= 0pt;LETTER-SPACING: -0.02em;FONT-WEIGHT: bold;COLOR: #FFFFFF;" > The Genesis Fund takes its show on the road </font> </div> </td> <td background=3D"http://img.constantcontact.com/letters= /images/newsletters_crisp2_rounded.gif" colspan=3D"1" rowspan=3D"1" style= =3D"BACKGROUND-REPEAT: no-repeat;BACKGROUND-POSITION: top right;" width=3D"1= 2" >&nbsp;</td> </tr> =20 <tr > <td colspan=3D"2" rowspan=3D"1" valign=3D"middle" > =20 <font color=3D"#0066CC" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"1" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 9pt;LETTER-SPACING: 0.03em;FONT-WEIGHT: bold;CO= LOR: #0066CC;" > Invite us to share the work we do with nonprofit groups=20= across Maine </font><br /> =20 =20 <font color=3D"#000000" face=3D"Verdana,Geneva,Arial,Hel= vetica,sans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Hel= vetica,sans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;" > <img align=3D"right" alt=3D"Heidi Shott at Rotary Club"=20= border=3D"0" height=3D"162" hspace=3D"5" src=3D"http://ih.constantcontact.co= m/fs093/1101291778782/img/51.jpg?a=3D1101630251970" vspace=3D"5" width=3D"21= 6" /> =20 =20 <p > Since 1992, the Genesis Fund has provided low-cost financing and expert assistance to more than 135 Maine nonprofit organizations. Groups working to improve affordable housing and local community facilites have often heard about us by word-of-mouth. While that has kept Genesis Fund staff busy over the past 15 years, it is time to share the stories about projects we've worked on in a more deliberate way.<br><br> Beginning in May, Genesis Fund Communications Director Heidi Shott <i>(pictured above receiving her first Rotary coffee mug from Damariscotta/Newcastle Rotary Vice President Phil Congdon and Camden National Bank's Gary Stone)</i> started giving talks to groups across the state about the Genesis Fund's work in affordable and supportive housing, community development, sustaining island communities, as well as its newest work with residents of mobile home parks.<br><br>Heidi would be pleased to talk with business groups, civic club leaders, churches, and nonprofit organizations about making a presentation tailored to your interests and region. Please contact her at 207.563.6073 or <a href=3D"mailto:heidi@genesisfund.org">heidi@genesi= sfund.org </a>to set up a visit. </p> =20 <div style=3D"TEXT-ALIGN: right;" > =20 </div> </font> </td> </tr> </table> <br /> =20 =20 =20 =20 =20 =20 =20 =20 =20 =20 =20 =20 =20 =20 </div> </td> </tr> </table> =20 =20 </td> =20 </tr>=20 =20 =20 <tr > <td colspan=3D"2" rowspan=3D"1" > <font color=3D"#000000" face=3D"Verdana,Geneva,Arial,Helvetica,s= ans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s= ans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;" > =20 =20 <hr color=3D"#000000" style=3D"COLOR: #000000;HEIGHT: 1px;" /> =20= =20 <font color=3D"#000000" face=3D"Verdana,Geneva,Arial,Helvetica,s= ans-serif" size=3D"2" style=3D"FONT-FAMILY: Verdana,Geneva,Arial,Helvetica,s= ans-serif;FONT-SIZE: 10pt;LETTER-SPACING: 0.03em;COLOR: #000000;" > =20= =20 =20 <p > <center><b>Do you have questions about The Genesis Fund? </b><br> <i>What are the borrowing criteria?<br> How can I invest in The Genesis Fund?<br> Can our organization receive technical assistance?</i><p></p> Please visit our website at <a href=3D"http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0= .ekhqcvbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org">ww= w.genesisfund.org</a> or<br> email Executive Director <a href=3D"mailto:beth@genesisfund.org">Beth McPherson</a></center> </p> =20 </font> =20 =20 =20 =20 =20 =20 =20 =20 =20 =20 <br /> =20 =20 =20 =20 =20 =20 <div > =20 <b>Genesis Community Loan Fund</b> </div> =20 =20 <hr align=3D"left" color=3D"#000000" size=3D"1" style=3D"COLOR:=20= #000000;HEIGHT: 1px;" width=3D"50%" /> =20 =20 <div > Email: <font color=3D"#0066CC" style=3D"FONT-WEIGHT: bold;COLOR: #0066C= C;" > <a color=3D"#0066CC" href=3D"mailto:info@genesisfund.org" shape= =3D"rect" style=3D"FONT-WEIGHT: bold;COLOR: #0066CC;">info@genesisfund.org</= a> =20 </font> </div> =20 =20 =20 <div > Phone: 207.563.6073 </div> =20 =20 <div > Fax: 207.563.6055<br><a href=3D"http://rs6.net/tn.jsp?t=3Dc5ipe4bab.0= .ekhqcvbab.5w7vbvbab.209&ts=3DS0253&p=3Dhttp%3A%2F%2Fwww.genesisfund.org">ww= w.genesisfund.org</a> </div> =20 =20 =20 =20 =20 =20 =20 =20 </font> </td> </tr>=20 </table> =20 =20 =20 </td> </tr> </table> </td> </tr> </table> <table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=3D"600" > <tr > <td colspan=3D"2" rowspan=3D"1" > =20 <div style=3D"visibility:hidden;" > =20 </div> </td> </tr> </table> =20 </div> <br /> <table bgcolor=3D"#ffffff" padding=3D"0" width=3D"100%" ><tr align=3D"center= " ><td ><table bgcolor=3D"#ffffff" width=3D"595" ><tr ><td colspan=3D"2" ><f= ont face=3D"verdana,arial" size=3D"1" ><b ><a href=3D"http://ui.constantcont= act.com/sa/fwtf.jsp?m=3D1101291778782&ea=3Dmlongreene2%40aol.com&a=3D1101630= 251970" style=3D"color: #0000ff;" target=3D"_blank">Forward email</a></b></f= ont><br /> <br /> </td></tr> <tr ><td ><font face=3D"verdana,arial" size=3D"1" ><FooterContent ><a href= =3D"http://ui.constantcontact.com/d.jsp?p=3Dun&m=3D1101291778782&ea=3Dmlongr= eene2%40aol.com&se=3D209&t=3D1101630251970&lang=3Den&reason=3DF" target=3D"_= blank"><img border=3D"0" src=3D"http://img.constantcontact.com/letters/image= s/safe_unsubscribe_logo.gif"/></a> <div >This email was sent to mlongreene2@aol.com, by <a href=3D"mailto:info@= genesisfund.org" style=3D"color:#0000ff;">info@genesisfund.org</a></div> <div ><a href=3D"http://ui.constantcontact.com/d.jsp?p=3Doo&m=3D110129177878= 2&ea=3Dmlongreene2%40aol.com&se=3D209&t=3D1101630251970&lang=3Den&reason=3DF= " style=3D"color:#0000ff;" target=3D"_blank">Update Profile/Email Address</a= > | Instant removal with <a href=3D"http://ui.constantcontact.com/d.jsp?p= =3Dun&m=3D1101291778782&ea=3Dmlongreene2%40aol.com&se=3D209&t=3D110163025197= 0&lang=3Den&reason=3DF" style=3D"color:#0000ff;" target=3D"_blank">SafeUnsub= scribe</a>&trade; | <a href=3D"http://ui.constantcontact.com/roving/CCPrivac= yPolicy.jsp" style=3D"color:#0000ff;" target=3D"_blank">Privacy Policy</a>.<= /div></FooterContent></font> </td> <td ><font face=3D"verdana,arial" size=3D"1" ><FooterLogo /></font> </td> </tr> <tr ><td colspan=3D"2" ><font face=3D"verdana,arial" size=3D"1" ><br />Genes= is Community Loan Fund | 26 Water Street | P.O. Box 609 | Damariscotta | ME=20= | 04543</font> </td> </tr> </table> </td> </tr> </table> <br /> </body> ------=_Part_30320552_325131795.1179331537815--