[Year-Round Housing] Fwd: The Lending Hand e-newsletter

Mlongreene2 at aol.com Mlongreene2 at aol.com
Tue Jan 6 16:36:35 EST 2009



 
  
____________________________________
 From: info at genesisfund.org
To: mlongreene2 at aol.com
Sent: 1/6/2009  3:15:41 P.M. Eastern Standard Time
Subj: The Lending Hand  e-newsletter


        











January  2009       What's New at Genesis         
    *   _Genesis receives $329,590 CDFI  award_ 
(mip://045348a8/default.html#article1)   
    *   _The Gift that Supports the Work of  Nonprofits across Maine_ 
(mip://045348a8/default.html#article2)   
    *   _Genesis helps Build Healthier  Communities Throughout Maine_ 
(mip://045348a8/default.html#article3)   
    *   _Genesis Welcomes new Development  Director_ 
(mip://045348a8/default.html#article4)   

Interesting Links         
    *   _Visit our slide show highlighting  Genesis Fund projects_ 
(http://rs6.net/tn.jsp?e=001rvI6r4PTrA1V7w_oSjuQMBxACttsarMPKSeMTWy9NuwKyy41cVg8Ya7JUcfcT
4BIrcY7vbuqo3WG9qK4efDLPejDy1RrJN35IU63QKhqtHLyfh35jVwLv9-3_Uq7YTabOhJvy-eYERE
CA5NcKHHfqxjluYjavb8L)   
    *   _Genesis Fund Featured in Communities  and Banking Fall 2008_ 
(http://rs6.net/tn.jsp?e=001rvI6r4PTrA0Yh2GBxVjUKxQlOUvLQSl3uF4wk97t6sNJLbWEGrGH2Wfn9i
7JXUUA_cCTDoM7I6PRhEAZKdskE5W4CtLm2JisiQb6bD_hGeE_J3AqsrTLtga_-GpE7ApjjJOYzfZA
Qi6pKQQlTCSAI5ndWQ4ihbFC)   

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Join our list         
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The Lending Hand e-Newsletter  
The Genesis Fund 
Our mission is  to help Maine nonprofit 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.

Genesis receives $329,590 CDFI  award 
The $329,590 CDFI Program award increases the  Genesis Fund's permanent pool 
of funds to lend  to $1.23 million and brings the entire pool of  funds to 
$5.89 million. The award will allow the  Genesis Fund to lend more money for 
longer terms  to affordable housing and community facility  projects. 

It will also support outreach  and staff training to increase overall lending 
 activity. Over the long term, the CDFI Program  award will help to ensure 
that the Genesis Fund  is able to continue fulfilling its mission,  through 
loans and technical assistance to  increase the availability of safe, secure, and  
affordable housing and vital social services for  low-income individuals and 
families through out  Maine. 

For more information about how  you, your business, church or foundation can 
put  your money to work for good across Maine, please  contact Jane Irish at 
207.563.6073 or _jane at genesisfund.org_ (mailto:jane at genesisfund.org) .  

_Learn more about  investing in the Genesis Fund_ 
(http://rs6.net/tn.jsp?e=001rvI6r4PTrA3WDY_cX4hURGixiQWfiYFE2DIdvR8rSmFr9py4JLgk-pcF_ClMokffDZxPWpya843L_d
nIFJeKysin5pS4Jhf3IPsMP_IuP_1i9GC3MO-v3U7JNx-mku695M8_GxG9Szw=)   

The Gift that Supports the Work of  Nonprofits across Maine 
a donation to the Genesis  Fund's permanent lending pool honors your  friends 
and family over and over  
Since 1992 those who support the Genesis  Community Loan Fund have understood 
the  extraordinary work that a revolving loan fund  can do. By making 
flexible, low-interest loans  rather than outright grants to Maine's nonprofit  
organizations, the Genesis Fund can use the same  pool of funds over and over 
again. 

Many  supporters make short- or long-term investments  in our revolving pool 
of capital, others donate  to our annual appeal to help us keep the lights  on 
and to help fund the technical assistance our  staff offers to nonprofits in 
addition to the  loan check - often at low- or  no-cost.

The Genesis Fund now offers an  additional way to support our work: A 
donation  to our permanent pool of revolving capital in  honor of a friend or family 
member. In June 2007  the board of directors named our permanent pool  of 
capital, which stands at $1.23 million of the  total $5.89 million in the lending 
pool, the  Elizabeth McPherson Permanent Capital Fund, in  honor of Beth 
McPherson who retired after  serving as Executive Director for 14  years.

With a $50 gift to the permanent  loan pool, we will send your honored friend 
or  family member a beautiful fine arts card to mark  your gift and explain 
the work of the Genesis  Fund. The card, adorned with an assemblage  collage 
image titled "Happy Village," by  Damariscotta artist Debra Arter is also  
available as a larger print with a portion of  the proceeds going to the Genesis 
Fund annual  appeal.

To make your gift right now,  please visit our website at 
_www.genesisfund.org/holidaygiving.htm_ 
(http://rs6.net/tn.jsp?e=001rvI6r4PTrA3mzXh9IZ8yttwuZS5DEV10VZRbkXI_WsziCaceA9iVgBISeX3Ud-_Wxv6X-RGniP-VRSVZzbk9uz7dbnNyp6YYxLczfk51Bijy
IRThBMTDoNAinuAy09yNpggSHMbvBLg=) .  Your gift to our permanent revolving 
loan pool  will allow your loved one to look at housing and  community 
development projects across Maine in  the years to come and say, "My gift is working  
there, and there, and there."

Thanks for  your continued support.  


Genesis helps Build Healthier Communities  Throughout Maine 
Genesis Fund Loans Help a  Rural Health Care Center in Western Maine and a  
Mid-Coast Maine Food Cooperative supporting  Local Farmers 
 
(http://rs6.net/tn.jsp?e=001rvI6r4PTrA0KwgoCBUwekzg3YQJd61tuqBwR2v2swYCHPnnoya2bSpM4JFD_rMH16qR3QSCzUOUaChnAjdybQGMMi3FLtURVWrsHSYLwIv3ZpB-PgaIB5g==) 
Sacopee Valley Health Center in Porter  provides comprehensive health care in 
a rural,  medically underserved area in western Maine with  a population of 
over 20,350. Located 26 miles  from the nearest community hospital; it is the  
only multi-service agency providing medical and  social services in the area.

Overcrowded  conditions make patient care difficult. This  loan will allow 
the health clinic to purchase  two adjacent lots for expansion, creating 5  
additional patient care rooms, exterior  handicapped access and a new handicapped  
bathroom. "Now, we will be able to add  enhanced services for our patients," 
says  Kate Albert of Sacopee Valley Health.  Additionally, the existing 
facilities will  undergo a much needed  refurbishment.

Rising Tide Community  Market in Damariscotta is a not for profit  natural 
foods cooperative that is a vital  community institution. Over the past 9 years, 
 sales and membership have been steadily  increasing with over 1800 
owner-members from  both year round and summer  residents.

Supporting local farmers and  producers, Rising Tide purchases nearly 30% of  
all its goods from Maine businesses. It's  business practices support the 
local economy in  other ways too - by providing health insurance  to all 
employees who work 20 or more hours a  week. 

This loan will help them purchase  and renovate a larger building across the  
street. It will also help the cooperative  purchase additional inventory and 
equipment.  Their commitment to providing local, natural and  organic food to 
the Mid-Coast community and  supporting the local economy will continue to  
grow.  


Genesis Welcomes new Development  Director 
Jane Irish joins staff  

This December, Jane Irish of Georgetown  joined Genesis Fund as Director of 
Development.  Previously she was Director of Campaign at  United Way of Mid 
Coast Maine in Bath. Her  background also includes work in the for profit  sector 
- giving her well-rounded experience in  both fund raising and business. You 
can reach  Jane at 207.563.6073 ext 15 or email:_jane at genesisfund.org_ 
(mailto:jane at genesisfund.org) .   








 
____________________________________
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?e=001rvI6r4PTrA2eRGE1bF8vp1_8IeQJ9l68vQDCjw5qrXIBuvbiwMwqk9TsT8V3CpGpkEm-HOj91DDP
l1WdwVNnVzp8aSG4Z8ozHywemw9GvtqSUCjEGUjOcg==)  or
email Executive Director _Bill Floyd_ (mailto:bill at genesisfund.org)  

Genesis Community Loan Fund 
 
____________________________________
Email: _info at genesisfund.org_ (mailto:info at genesisfund.org)  
Phone: 207.563.6073 
Fax: 207.563.6055
_www.genesisfund.org_ 
(http://rs6.net/tn.jsp?e=001rvI6r4PTrA2eRGE1bF8vp1_8IeQJ9l68vQDCjw5qrXIBuvbiwMwqk9TsT8V3CpGpkEm-HOj91DDPl1WdwVNnVzp8aSG4Z
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Genesis  Community Loan Fund | 26 Water Street | P.O. Box 609 |  Damariscotta 
| ME | 04543  
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