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 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

“It was amazing how quickly CEDAC was able to help turn over our application in response to an overwhelming need. Their support was critical in ensuring this project [New Hope II] came to fruition.”
Deborah ChausseExecutive Director, House of Hope
  • A Message from the Children’s Investment Fund

    All of us at CIF hope that all of you are staying safe and healthy during this unprecedented public health crisis. We thank you for your ongoing commitment to caring for and educating the children of the Commonwealth. As of March 16th, the CIF office has closed and all staff are working from home. We look forward to resuming normal operations as soon as it is safe to do so. Meanwhile, we want to reassure you that staff remains committed to working with Early Childhood Education and Out-of-School-Time (ECE/OST) organizations on their facilities projects. Read more

  • EOEA, DHCD, CEDAC, And MassHousing Develop State Resources For Affordable Senior Housing Providers During COVID-19

    At the core of CEDAC’s work is our commitment to addressing the needs of our most vulnerable populations, and we understand the profound impact the COVID-19 crisis has had on older adults. Therefore, CEDAC, the Executive Office of Elder Affairs (EOEA), the Department of Housing and Community Development (DHCD), and MassHousing and are working together to develop ways to support the well-being of our seniors, particularly those living in age-restricted housing, during this public health crisis. Read INSITES

  • Continuing To Support The Community While Working From Home

    We hope that you and your organizations and families are staying safe and healthy as we face the Coronavirus crisis together.  We want to inform you that, despite the extraordinary impacts to our lives that we are experiencing, CEDAC is continuing to function and carry out its important business activities. In accordance with the Baker Administration’s recent order regarding business activity during this public health crisis, the CEDAC office closed on March 24th. CEDAC commenced with remote work operations for most staff on March 16th, and all staff will continue working from home until further notice to help protect them and the community. Read more

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A $5 million investment in kids at Greater Lowell YMCA
Lowell Sun / Mar 06, 2020
A $5 million “investment in the future of our kids” should be ready by September as the Greater Lowell YMCA embarked Friday on a renovation and expansion project to its Thorndi...