Borrower SUCCESS STORIES

Our Borrowers Change Lives

The front entrance of the stately historic property at 30 Mellen Street in Portland, which Genesis helped Shalom House renovate to provide supportive housing for individuals with chronic or persistent mental illness. Image

Our borrowers create affordable housing, food pantries, childcare, health centers, supportive services, senior housing, homes for immigrants, and more.

PHOTO The stately brick property at 30 Mellen Street now offers 22 living spaces and individual apartments as well as structured support for residents with chronic or persistent mental illness.

Financing from the Planning Stage - Portland, ME

Supportive Housing is a Proven Solution to Decrease Chronic Homelessness

Providing housing with support services is critical—especially when demand is rising for programs with treatment resources for substance use disorder and other behavioral health issues.

When a sober living home in the West End of Portland, Maine closed, local nonprofit Shalom House, Inc. stepped up to purchase and renovate the property, turning to Genesis to finance multiple phases of project assessment, acquisition, and renovation.

The result is 18 units of transitional and/or permanent housing for individuals and families experiencing a diagnosis of mental illness, some of whom have come from homelessness or transitional housing.

A mix of mental health services and independent living at the home at 30 Mellen Street creates a more sustainable supported-housing arrangement and overall improvement in the quality of residents’ lives.

Read More Success stories
A portrait of Nicholas Miller, a resident at Shalom House's 30 Mellen Street in Portland.

“I slept better the first night here than I’ve slept in a long time, and now I have so much to live for.”

—Nicholas Miller, 30 Mellen Street resident
The front entrance of the stately historic property at 30 Mellen Street in Portland, which Genesis helped Shalom House renovate to provide supportive housing for individuals with chronic or persistent mental illness.

Financing from the Planning Stage - Portland, ME

Supportive Housing is a Proven Solution to Decrease Chronic Homelessness

two construction workers wearing yellow jackets, with one that says Avesta

Our Early Financing Helped Make Seavey Crossing Possible

Senior Housing in Westbrook

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Revitalized in Oxford

Put to Good Use

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Reuse in New Hampshire

New Life for a Landmark

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Historic Waterville

Revitalizing Downtown

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Giving Back in Lewiston

A Passion for Service

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Immigrants Building Prosperity

A New Venture Evolves

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Affordable in Biddeford

Rooted in Community

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Healthy Acadia

Keeping People Safe

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Free Medical and Dental

Expanding Access to Essential Health Services

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Under One Roof in Kittery

A Model for Coordinated Support

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Exceptional Service

A Turning Point

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Tedford Housing

Realizing a Vision of Shelter

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In Washington County

New Healthcare Community

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Quick-Turn Loans

Before it’s Gone

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In Washington County

New Business Community

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For Unique Projects

Flexibility is Key

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Construction Loan for New Units – BRUNSWICK, ME

Asylum Seekers Renting New Apartments

A property owner stands in the stairwell with a father and his children, residents of his Lewiston rental property purchased with a Genesis Fund fee-based loan created for Muslim borrowers who are prohibited from paying interest.

Genesis Offers Muslim Borrowers a Path to Ownership by Filling a Gap in the Lending Market

Two men move a piece of furniture into the Somali Bantu Community Association's new office, purchased with financing from Genesis.

Mortgage Loan for More Space - Lewiston, ME

Ownership Helps Association Expand Service

Exterior of one of the new Heritage Woods homes, built to be affordable workforce housing in Kennebunkport, Maine.

Affordable Homeownership - Kennebunkport, ME

Workforce Housing Finds Tremendous Demand

Smiling volunteers stand outside their newly renovated community food pantry in Union, Maine.

A Loan to Purchase Quickly - Union, ME

Responding to Food Insecurity

Yassin Moussa, a Muslim borrower who has purchased multiple properties in Lewiston with religiously compliant fee-based loans from Genesis.

Unique Fee-based Loan - Lewiston, ME

A Path to Ownership for Muslim Borrowers

An architect's rendering of The Nightingale, the new workforce housing development being redeveloped from the historic Mercy Hospital in downtown Portland.

Three CDFIs for Redevelopment - Portland, ME

Mercy Hospital, Reborn as Home

A group of Wabanaki tribal members stand, with hands joined, in a circle around a drum on Indigenous People's Day.

Partnership for Purchase - Millinocket, ME

The Center for Wabanaki Healing & Recovery