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.
CEDAC Executive Director
- State Awards New Funding for 11 Affordable Housing Projects Across Massachusetts
At INSITES this week, we recap Governor Baker and Lt. Governor Polito's announcement of $44 million in new funding awards for affordable housing projects across the Commonwealth, which will support the creation of 587 new units of housing. Among the 11 projects that secured funding, CEDAC provided a total of $4.5 million in early stage financing to four of these. Read INSITES
- EEC Commissioner Aigner-Treworgy Announces $6 Million in FY19 EEOST Awards
At INSITES this week, we recap Early Education and Care (EEC) Commissioner Samantha Aigner-Treworgy's announcement of $6 million in FY19 Early Education and Out of School Time (EEOST) Capital Fund awards. The announcement was made at YMCA Cape Cod in Hyannis, the site of one of the six facilities funded by the 2019 grant awards. These grants will improve the quality of existing environments for over 700 children. Read INSITES
- A Decade Of Housing Preservation: Impact Of The MacArthur Foundation Funding
At INSITES this week, we highlight the impact that a $1 million grant and a $3 million program-related investment (PRI) from the John D. and Catherine T. MacArthur Foundation, which was awarded to CEDAC in 2009, has had on housing preservation efforts across Massachusetts. We also reflect on a decade of Chapter 40T, a landmark law that has helped DHCD to preserve more than 35,000 units of affordable housing with the use of state financial resources. Read INSITES
- CEDAC congratulates Jennifer Maddox on being appointed Undersecretary of @MA_DHCD. We are grateful for DHCD's commi… https://t.co/nW0Ry7r5oxFeb 21 5:10 pm / /
- One of the awarded projects is a partnership of @HHBakeryCafe @TACCRoxbury & @BlackMarketDud. Several Massachusetts… https://t.co/7J3JhyAGrRFeb 19 4:52 pm / /
- CEDAC offers congratulations to the 23 urban partnerships across the Commonwealth who received Urban Agenda Grant A… https://t.co/EMtiwXCFtqFeb 19 4:47 pm / /
- RT @sznnmorse: At #INSITES this week, @CEDACma takes a look at the #affordablehousing projects recently funded by state https://t.co/sJped9…Feb 14 3:15 pm / /