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
“We appreciate CEDAC’s involvement on this complex new development for seniors. Their predevelopment funds are invaluable when it comes to a project of this nature.”
Philip GiffeeExecutive Director, Neighborhood of Affordable Housing, Inc.
  • Strengthening Communities Through the Kuehn Planning Grants

    At INSITES this week, we hear from guest blogger Jennifer Gilbert, Executive Director at the Kuehn Charitable Foundation, about the Kuehn Planning Grants, which help non-profit organizations in Massachusetts explore the feasibility of housing projects at the earliest stages of development. Read INSITES

  • Governor Baker Signs $1.8 Billion Housing Bond Bill

    At INSITES this week, we discuss the recently signed Housing Bond Bill, which will allow for new capital spending on affordable housing production and preservation in cities and towns across Massachusetts. 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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Homeless Youth Housing Development Receives Renovations Financing
Banker & Tradesman / Jun 14, 2018
MassDevelopment has issued a $3.448 million tax-exempt bond on behalf of Harbor Lafayette Homes Limited Partnership in Salem. The partnership will use bond proceeds to buy and renovate two residential facilities in Sa...