In 1978, the Commonwealth of Massachusetts created CEDAC to serve as a vital resource for organizations engaged in community economic development. 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 corporations, 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.

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

Through its affiliate, the Children's Investment Fund, nonprofit child care centers in Massachusetts receive technical assistance and funding to enable them to improve or expand their facilities, thereby improving the quality of care of children. For more information about the FUND please visit its website: www.childrensinvestmentfundma.org.