Programs
Housing Programs
CEDAC Housing provides financing and expertise to non-profit, community-based developers looking to build or preserve quality affordable housing in Massachusetts.
Children's Investment Fund
Children’s Investment Fund offers non-profit, community-based child care providers the financial resources and technical assistance they need to create high quality learning environments.
Welcome

For over 40 years, CEDAC has helped to strengthen communities across the Commonwealth of Massachusetts by providing non-profit community development organizations with the financial resources they need to build quality affordable housing and child care facilities. Additionally, our staff of professionals help affordable housing developers, child care providers, and workforce development professionals with the technical assistance they need to turn an idea into reality. Our early stage capital and predevelopment loans has led to the production of thousands of affordable housing units from Boston to the Berkshires, and to quality child care centers in urban, suburban, and rural communities.

Welcome to our Website – if you are a non-profit community development organization seeking to produce or preserve affordable housing or a community-based non-profit childcare provider looking to upgrade or renovate your learning space, we may be able to help you. And if you have any questions regarding our loan products or our public policy work, please do not hesitate to contact us.

Roger Herzog
CEDAC Executive Director
Janelle Chan
CEDAC Board Chair
“Whether lending funds for the master planning process, supporting individual projects or advocating for the larger Jackson Square Initiative, CEDAC has played an invaluable role in this ambitious plan to transform our community.”
Richard ThalExecutive Director, Jamaica Plain Neighborhood Development Corporation
Announcements
  • CEDAC Staff Shares Technical Expertise on Affordable Housing & Community Development Panels

    At INSITES this week, we highlight how, over the past year, several of our senior staff have shared their expertise in public presentations, and joined leaders and professionals across the country to discuss current and future trends in community development. We're encouraged to see a growing awareness that affordable housing and child care facilities are critical components to strong neighborhoods across the country. Read INSITES

  • RAD for PRAC Forum: 10/07/19 Registration Now Open
  • An Affordable Housing Preservation Celebration: Newcastle/Saranac Apartments

    At INSITES this week, we celebrate an important achievement: the preservation of 97 units of affordable housing at Newcastle/Saranac Apartments in Boston's Lower Roxbury neighborhood. Without leadership from Mayor Martin J. Walsh, the strong commitment by his team led by Sheila Dillon at DND, and considerable collaboration among public agencies, the residents of Newcastle/Saranac likely would be facing displacement rather than celebrating the long-term affordability of their homes. Read INSITES

see all announcements

Meeting the new commissioner of early education and care
Eye on Early Education / Sep 05, 2019
On Tuesday, early educators from across the state attended a meet-and-greet with the new commissioner of the Department of Early Education and Care (EEC), Samantha Aigner-Treworgy – althoug...