
Addressing Racial Equity Through Our Work
There is much to be done to bring justice and equity to Black, Indigenous, and other people of color in Maine, Northern New England, and beyond. As a CDFI, the Genesis Fund is part of an industry that emerged from the civil rights movement with the explicit goal of addressing the systemic racism that has denied communities of color access

How Genesis Responded to the Pandemic
We had just experienced one of the Genesis Fund’s most remarkable years ever, with success in 2019 across all categories: lending activity, growth of the fund through investments and fundraising, and deployment of vital professional expertise to guide nonprofit partners moving projects forward. And then came COVID-19. Businesses shuttered. Offices emptied. Schools quieted. Families facing illness, eviction, lost work, food

Genesis Offers Muslim Borrowers a Path to Ownership by Filling a Gap in the Lending Market
For aspiring business owners like Yassin Moussa of Lewiston, Maine, acquiring a loan is often a critical step in embarking on a new enterprise. But for Yassin and others who

Preserving Rural Rental Housing Financed by the USDA
For residents who want to “age in place” in their home communities, for members of the workforce, including parents heading single-income houses and workers with disabilities—basically, for everyone who needs

Cooperative Ownership Transforms Mobile Home Communities
Cooperative Ownership Transforms Mobile Home CommunitiesIn rural communities throughout Northern New England, mobile home communities are a key piece of the “naturally occurring” affordable housing infrastructure. But they are sometimes