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.

For 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
“181 Washington Street is providing critically needed housing in a new transit location, Union Square. CEDAC’s support was critical to our ability to see this project through.”
Danny LeBlancCEO, Somerville Community Corporation
  • Recovery in the Community: Housing’s Role in Mental Healthcare

    At INSITES this week, we hear from the Massachusetts Department of Mental Health as they outline their community-based approach to improving access to affordable and supportive housing for clients with mental illness. Read INSITES

  • Happy Birthday, INSITES!

    This week, we celebrate INSITES turning one year old! The blog has allowed us to share important information about our efforts in supporting the community development sector, and we've been astounded by the positive feedback we've received from so many who are regular readers of the blog. Thank you all for supporting us! Read INSITES

  • Early education gets another needed boost (Editorial)

    The need for a sustained, targeted improvement of Massachusetts early education programs is captured by some disturbing numbers from 2011. According to research done by the Children's Investment Fund, 20 percent of facilities had one or more classrooms with no windows. A third had inadequate heating and cooling. Two-thirds lacked sufficient technology for teachers. That's why the re-authorization of the Early Education and Out-of-School Time Capital Fund (EEOST Capital Fund) in the state's housing bond bill is such important news. Read the full editorial

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Educare Springfield: Early education takes a giant step forward
Eye on Early Education / Sep 19, 2018
On Monday, civic partners gathered in the city of Springfield and broke ground on what will be a $14 million Educare Center, a school that will open next year and provide “a full-day and full-year program for up to 141...