Borrower SUCCESS STORIES

Our Borrowers Change Lives

Fresh vegetables in a refrigerated display case at Genesis Fund.Image

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

BAR HARBOR

A Permanent Home for a Lifeline

In Hancock County, where one in six children consistently experiences hunger, the Bar Harbor Food Pantry that began many years ago in a church basement has taken a transformative step. It purchased the former home of a beloved local restaurant and reopened it as a permanent pantry in the heart of town.

Why? Because need increased substantially. In 2022, the pantry saw 20-35 people a day. By 2024, numbers had grown to 48-100 people per day.

Reconfigured to feel like a small grocery store, the new pantry is more than three times the size of its former space. Renovations expanded cold storage; made restrooms ADA-accessible; and created space for sorting, shopping, and offering consistent, reliable service to more people than ever before.

“This new space is more than a building, it’s a symbol of stability and care for those we serve,” said Tom Reeve, the pantry’s executive director. “We want the community to feel proud of this place and proud of what we’re building together.”

Ongoing local fundraising will repay the Genesis loan that helped buy the building, as contributors step up to invest in this local resource that strengthens community life in a seasonal, high-cost economy at the heart of “vacationland” Maine.

In this space serving workers, retirees, families, and children, the pantry’s core belief—that no one should go hungry—is visible. For clients like Colleen, being able to rely on dependable service in an atmosphere that respects clients’ dignity “peels away one layer of worry. And I will never forget that. Ever.”

“We want the community to feel proud of this place and proud of what we’re building together.”
—Tom Reeve, Bar Harbor Food Pantry’s then executive director
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
Fresh vegetables in a refrigerated display case at Genesis Fund.

BAR HARBOR

A Permanent Home for a Lifeline

Community center ribbon-cutting ceremony with officials and staff outside.

NASHUA, NH

Redevelopment Expands Access

Community members at groundbreaking event for local housing project.

KENNEBUNKPORT

Homeownership for the Local Community

Group of diverse people standing near Blueberry Fields Cooperative sign.

BRUNSWICK

Blueberry Fields Cooperative

Cedar Falls residents holding a 'We Own It!' banner outdoors in winter.

BANGOR

Cedar Falls Residents Cooperative

Man fishing from a dock on a calm waterfront with boats and a clear sky.

GREAT CRANBERRY AND ISLESFORD

Sustaining Island Communities with Year-Round Homes

Modern multi-story apartment building with trees and parking area.

New Homes in Bath

Doors Open on Centre Street

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

Modern brick building with outdoor community space and people gathering.

Revitalized in Oxford

Put to Good Use

Historic red brick courthouse building with modern entrance and American flag.

Reuse in New Hampshire

New Life for a Landmark

Modern urban street with trees, pedestrians, and buildings for Genesis Fund project.

Historic Waterville

Revitalizing Downtown

Smiling woman outdoors with a blurred background of buildings and greenery.

Giving Back in Lewiston

A Passion for Service

Two men smiling outdoors, one wearing glasses, in front of a white structure.

Immigrants Building Prosperity

A New Venture Evolves

Woman in hijab working on laptop in modern office setting.

Affordable in Biddeford

Rooted in Community

Women handling fresh vegetables in a community food pantry.

Healthy Acadia

Keeping People Safe

Dental professionals performing a procedure in a clinical setting.

Free Medical and Dental

Expanding Access to Essential Health Services

Two construction workers in a building under construction, wearing helmets.

Under One Roof in Kittery

A Model for Coordinated Support

Man sitting on front porch steps of a house with greenery nearby.

Tedford Housing

Realizing a Vision of Shelter

People helping homeless man on city street with donation and support.

Exceptional Service

A Turning Point

Child receiving a vaccination from a healthcare professional in a clinic setting.

In Washington County

New Healthcare Community

Smiling elderly woman in front of colorful artwork at The Genesis Fund event.

Quick-Turn Loans

Before it’s Gone

Two women in a meeting room with a third person, smiling and engaging.

In Washington County

New Business Community

Smiling man outside The Genesis Fund office building.

For Unique Projects

Flexibility is Key

Smiling woman wearing a colorful headscarf outdoors.

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