[Year-Round Housing] Fwd: The Lending Hand e-newsletter
Mlongreene2 at aol.com
Mlongreene2 at aol.com
Tue Mar 31 18:01:15 EDT 2009
Mark Greene
Greene Lawns and Property Care
36 Eastern Ave.
Long Island, Maine 04050
207 766 4440
Long Island Rentals - Any Time of Year! Check it out at:
_http://www.cyberrentals.com/rental/p180766_
(http://www.cyberrentals.com/rental/p180766)
____________________________________
From: info at genesisfund.org
To: mlongreene2 at aol.com
Sent: 3/31/2009 11:14:02 A.M. Eastern Daylight Time
Subj: The Lending Hand e-newsletter
March 2009 What's New at Genesis
* _Medomak Mobile Home Park becomes Maine's first Cooperatively owned
park!_ (mip://0465c6f0/default.html#article1)
* _Now's a Great Time to Invest in Genesis Community Loan Fund_
(mip://0465c6f0/default.html#article2)
* _Genesis Community Loan Fund has a new home!_
(mip://0465c6f0/default.html#article3)
Interesting Links
* _Visit our slide show highlighting Genesis Fund projects_
(http://rs6.net/tn.jsp?et=1102507802183&s=209&e=001NowGyD8ZIr8VCBU3g-t1abD3mOcy3-jl0PLNJB
2snuBIZmZ_tdhm0pbzW2cgPJrMvGlfi8bGnWMwT9r9cQZLgMMxsay5Zqh0f8kE_K6uMRdFZchDTAXu
4fTitVi9ilhMH-LiOt55GQ7iLedvGPhatQ8sPPtOh8pV)
* _Genesis Fund Featured in Communities and Banking Fall 2008_
(http://rs6.net/tn.jsp?et=1102507802183&s=209&e=001NowGyD8ZIr-soGnjkqh4aSlRW54E4MpKyPG
kprlObgRWlTn9i5cWV54cZ2-Azk-xY7m-pRd1_5Y9UMqD19v1y2wdJyQ1iLT9OOCICHaDIVaS7n8uY
nywyWEy8ohtzJv960S6-BnSjlXEOCJhWdf06QYtg0X0pm6O)
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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.
Medomak Mobile Home Park becomes Maine's first Cooperatively owned park!
With the help of the Genesis, residents of Medomak Mobile Home Park in
Waldoboro purchased their park on March 13, 2009 becoming the first mobile home
co-op in Maine. The residents now own the land as well as their homes and make
their own decisions about lot rental rates and park improvements. As long
time resident Alton "Shorty" Hayden said: "Now I don't have to worry about
someone coming in, buying the land and kicking us all out. I don't have to
worry about a huge rent increase or not having any place to go."
For the past 18 months, Yvonne Mickles, program coordinator at Genesis has
been working with residents to achieve this goal. Under her guidance, the
group has elected officers and begun discussing park rules, maintenance issues,
and lot rates. They are looking forward to improving the park grounds by
tree trimming and old utility pole replacement. Already, they are enjoying a
better sense of community, with many residents, a mixture of families and
retirees, meeting each other for the first time.
With the help of the Corporation for Enterprise Development, Genesis
launched its mobile home park program in 2006 to help residents transition the
parks to co-ops as they came on the market. "Mobile homes represent affordable
housing for many Maine families, said Yvonne Mickles. Forming a co- op gives
residents more security and a stronger sense of community."
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?et=1102507802183&s=209&e=001NowGyD8ZIr_V5yti0uBaIQBbShJA-4dYOFrQQl7bhlhQP_DdgR5vP6D
nKywUiZJ7-vayCijfqas5MDQm6Ik-6ztBisTTuPUQR6CTCKRbR8lgYt8-lbJBDGuXUx4-fTh4U8gwf
4jBGsM=)
Now's a Great Time to Invest in Genesis Community Loan Fund
Help people throughout Maine and earn interest.
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.
An investment loan allows you to put your money to work for a set term in
communities across Maine. While investment loans in the Genesis Fund are not
guaranteed, we are proud of our 17-year history of 100% repayment to our
investors.
We offer flexible terms, chosen by the investor:
* You chose the amount to invest - minimum of $1,000 and up.
* You chose the length of the term - minimum of one year.
* You chose the rate of interest - up to 2.5% for terms of 1 -3 years
and up to 3.5% for terms over 4 years
We are excited about the opportunities that lie ahead here in Maine for
affordable housing and community facilities. With your help, we can make a
difference for our friends and neighbors.
Be a part of our work and see the difference it makes!
For more information, please contact Bill Floyd, Executive Director, at
207.563.6073 or visit us on the web:genesisfund.org/investing.htm
Genesis Community Loan Fund has a new home!
(http://rs6.net/tn.jsp?et=1102507802183&s=209&e=001NowGyD8ZIr-nt5ITDDbkB-Oc2RoZ39_NK4heLkYCHIk7mnnYtNdGee92ZJUmq2l0yzcy5gF-NsnFAdw0shPZCmY11tPWMIDMiwbz7ipR
hyDRi3Wqy7t3Gg==)
Recently Genesis purchased the 3 Chapman St. location in Damariscotta from
Sweetser. "This gives us the opportunity to remain in the community that we
have called home for so long," said executive director Bill Floyd. "The
building gives us the room and stability to continue our growth; and, it has
already been converted into office space."
Plans are underway to formalize a right of way behind the building for the
walking path to the Rising Tide Market and other Route One businesses.
Already it is well used by townspeople. We are happy to be part of this important
community link.
We expect to be in our new home May 3, 2009. Please note only our street
address will change; all other contact information remains the same.
Please stop in and see us!
____________________________________
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://www.genesisfund.org/) 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_
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Genesis Community Loan Fund | 26 Water Street | P.O. Box 609 | Damariscotta
| ME | 04543
**************Feeling the pinch at the grocery store? Make dinner for $10 or
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