GENESIS FUND
Flexible loans and expert guidance for community partners to create affordable housing and more The Genesis Community Loan Fund connects communities creating affordable housing and other essential community resources with the capital and expertise they need to overcome barriers to opportunity and prosperity. A certified nonprofit Community Development Financial Institution (CDFI), Genesis works throughout Maine and northern New England to make flexible loans, deliver expert project guidance, and promote policy solutions and systemic change. We offer impact investing for individuals and institutions to move resources toward community needs. Genesis was launched in 1992 by Maine residents who wanted to make sure their neighbors had access to affordable housing.
Founded
1991
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Brunswick
Community lender serving Maine and Northern New England | The Genesis Fund Lending Guidance Impact Investing Donate Be the difference in whether someone has a home impact Since our founding Genesis has supported over 500 projects throughout Maine and in other northern New England communities. Genesis has made 109 million in loans. Genesis lending has leveraged 698 million from other sources. Genesis has contributed 32000 hours of expert project guidance.
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Read about Year Two of our groundbreaking partnership with MaineHousing. Around the state, Genesis will share information and ideas with developers and communities to help them access financing and know-how, to increase Maine’s supply of high-quality, energy-efficient, affordable homes. https://conta.
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Fund Raising and/or Fund Distribution Category
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