Contact
CEDAC: Community Economic Development Assistance Corporation

 

CEDAC & CIF WHDH-TV, Urban Update Appearances

Visit our Housing Preservation page to view the episode that aired on July 17, 2011 on the challenges and strategies of preserving our existing affordable rental housing in Massachusetts.
Visit our Child Care Capital Projects page to view the episode that aired on January 22, 2013 on the importance of quality child care facilities.

CEDAC serves as a vital financial and technical assistance resource to nonprofit organizations engaged in effective community development.

About CEDAC

In 1978, the Commonwealth of Massachusetts created CEDAC to serve as a vital resource for organizations engaged in community development.  Community Economic Development Assistance Corporation (CEDAC) is a public-private, community development finance institution, that provides technical assistance, pre-development lending, and consulting services to non-profit organizations involved in housing development, workforce development, neighborhood economic development, and capital improvements to child care facilities. These organizations may include community or neighborhood development corporation, non-profit developers, and tenants' associations.

CEDAC has worked with its partner agencies at the state level - the Department of Housing and Community Development, MassHousing, the Massachusetts Housing Partnership, and MassDevelopment - to focus resources in support of the non-profit development agenda as an important element of Massachusetts' system for production of affordable housing. CEDAC is also active in national housing preservation policy research and development and is widely recognized as a leader in the non-profit community development industry.

Services

CEDAC provides financial resources and technical experience for community-based and other non-profit organizations building thriving communities. Our work supports three key building blocks of community development:

  1. Affordable Housing (CEDAC)
  2. Workforce Development (CWC)
  3. Early Care and Education (CIF)

For more information on the Children's Investment Fund (CIF), please visit its website here.

For more information on the Commonwealth Workforce Coalition (CWC), please visit its website here.

For more information on any aspect of CEDAC's operations please use the above menu or email cedac@cedac.org

 

CEDAC is CARS™ (CDFI Assessment Rating System) Rated
IN 2010, CARS™ completed a full assessment of CEDAC'S financial performance. CARS™ is the only comprehensive, third-party assessment of a community development lender's impact performance and financial strength and performance.  More information about CARS™ is available
Here.

What's New

  • $3 Million in Community Investment Tax Credits to 38 Community Development Organizations
    For more information
    Click Here
  • "Veterans Northeast Outreach to create additional housing for veterans"
    For article
    Click Here

    For more CEDAC In the News! Click Here


CEDAC is proud
to present the
CEDAC News Update!

Click here to read our Winter 2013-2014 Edition

 

In our new video, listen to the tenants of Inman Square Apartments in Cambridge as they make the case for preserving affordable housing in Massachusetts. The video can be found on our Housing Preservation page.

CEDAC, 18 Tremont Street Suite 1020, Boston, MA 02108 tel. 617-727-5944 fax 617-727-5990 email cedac@cedac.org