12/24/2008
from the Kennebec Journal
QUESTIONS REMAIN
No complaints from those who switched to Somerset County center
Vote on 1 may hurt some in election
Steeple at center of debate in Whitefield
VETERANS REQUIRE ASSISTANCE: Homelessness takes center stage
J.P. DEVINE: Overcome sadness with hope
BASKETBALL: NBA Hall of Famer Barry doles out advice at Thomas College
HIGH SCHOOL CROSS COUNTRY: Maranacook sophomore Mace dominates Class B field
All of today's:
News | Sports
from the Kennebec Journal
from the Morning Sentinel
A year later, families await answers on fatalities
Owner of topless coffee shop on the comeback trail
Officials report cheaper, better service after switch
Two people in critical condition
Young Marines stick to program
Issue of homeless veterans at center stage
GIRLS SOCCER STATE CHAMPIONSHIP: Winslow falls to York in Class B
Bard hits her marathon stride
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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