12/24/2008
from the Kennebec Journal
Sport of Kings
New Medicaid billing system inspires doubts among some
Christmas spirit
Guidance counselor: Dismiss complaint based on criticism of same-sex marriage
CHELSEA: 'Practice burn' provides thrill for 9-year-old
Trust eyes orchard purchase
GOLFER OF THE YEAR: Bonenfant rises up Cony ranks
YOUTH SOCCER: Local team gives 'care package' to children in Afghanistan
All of today's:
News | Sports
from the Kennebec Journal
from the Morning Sentinel
YES ON 1 BACKER REBUTS CLAIM
New system for Medicaid payments worries providers
After petition drive, Clinton police force budget will go a third time before voters
A rock musician makes trip home via Black Taxi
MADISON: After revaluation, abatement requests reviewed
Parks to have facelift
GOLFER OF THE YEAR: Sweet does job for Madison
YOUTH SOCCER: Local team gives 'care package' to children in Afghanistan
All of today's:
News | Sports
from the Morning Sentinel
Funds will be used to support the Trust's "buy/protect/sell" program, through which it purchases farms threatened by development.
The program permanently preserves the land, then resells it to a farmer at a "farmland price," rather than a developer's price.
Maine Farmland Trust is a statewide nonprofit land trust whose mission is to protect Maine farmland from development.
Begun last year, the trust already has used the "buy/protect/sell" program to preserve four farms totaling 570 acres, while simultaneously making land affordable to farmers.
Maine Community Foundation's low-interest loan is known as a "program-related investment." Its funds reduce the trust's overall cost of capital, making more projects economically viable.
The funds also will help the trust leverage other sources of capital, which will allow the program to do that much more, officials said.
The trust has set a goal of helping preserve 100,000 acres of Maine farmland in the next five years. That's the level needed to counteract the fact that more than 200,000 acres of Maine's best farmland will be in transition in this same period, according to Executive Director John Piotti.
For information, contact Piotti at Maine Farmland Trust, 97 Main St., Belfast, ME 04915; call 338-6575; or visit www.mainefarmland.org.




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