[Year-Round Housing] Fwd: News from Genesis Community Loan Fund

[mlongreene2 at aol.com]

 -----Original Message-----
From: Genesis Community Loan Fund <jane at genesisfund.org>
To: mlongreene2 <mlongreene2 at aol.com>
Sent: Wed, Mar 14, 2012 2:45 pm
Subject: News from Genesis Community Loan Fund


-----Original Message-----
From: Genesis Community Loan Fund <jane at genesisfund.org>
To: mlongreene2 <mlongreene2 at aol.com>
Sent: Wed, Mar 14, 2012 2:45 pm
Subject: News from Genesis Community Loan Fund






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The Lending Hand Newsletter








In This Issue

Affordable Housing for Maine Island Communities

Grant from Create Jobs for USA

Support the Genesis Fund




Quick Link


About Us


2011 Annual Report

Donate Now 








Join Our List















March, 2012





Providing innovative flexible financing and expert technical assistance to affordable housing and community groups throughout Maine since 1992.





Affordable Housing for Maine Island Communities




First modular comes ashore at Islesboro.


It was an exciting day earlier this winter when the first modular came ashore at Islesboro.  Now construction is well underway and two new units of affordable housing will be occupied this summer.  

The Genesis Fund's work to create affordable housing in Maine's year round island communities is also showing great progress. To date, six island affordable housing groups have received funding from MaineHousing, of those, two have begun construction. Two other groups have completed applications and submitted them to MaineHousing for funding.
 
The Genesis Fund's technical assistance program continues to help manage the review and construction of the projects once they are approved.  In total this work is expected to result in the development of 16 units of affordable housing in 8 island communities - helping to sustain these year round communities for years to come.

 




Genesis Fund receives grant from Create Jobs for USA 




 
The Genesis Fund received a capital grant from the Create Jobs for USA Fund, a collaboration between Starbucks and Opportunity Finance Network(OFN).  
 
The Genesis Fund is one of the community development financial institutions (CDFIs) in the nation to be awarded a grant from the fund since the program began allocating awards in November of 2011. The Create Jobs for USA Fund pools donations from Starbucks customers, partners/employees, and concerned citizens into a nationwide fund, held and managed by OFN, for community business lending.
 
Donors who contribute $5 or more will receive a red, white, and blue wristband with the message "Indivisible." The wristbands are individually handmade in the U.S.A. and all component materials are manufactured by U.S. suppliers, so the effort is also helping support American manufacturing jobs.
 
 
   
 




Support the Genesis Fund



The Genesis Fund: 20 years of building Maine the way life should be.  
   
We need your help to continue this important work!  Please join us by making a donation today.
 
In this time of shrinking resources, our expertise and flexible financing is in even greater demand. Your gift will help create affordable housing and essential community facilities where they are needed most; and help create a stronger, more sustainable Maine.     
 
Donate Now Here    
 
Or mail your donation to:   
Genesis Community Loan Fund
PO Box 609
Damariscotta, ME  04543-0609      



















For 20 years our commitment has been to Maine people and communities.  An investment loan to the Genesis Fund lets you keep your money in Maine and have long lasting impact on Maine families and communities. We are proud of our 20 year history of 100% repayment to investors. 


Call us today for details 207-563-6073.




Sincerely,

Jane Irish
Director of Development
Genesis Community Loan Fund













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Genesis Community Loan Fund | 3 Chapman St | P.O. Box 609 | Damariscotta | ME | 04553


 
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