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

“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.
Announcements
  • 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

see all announcements

LISC Expands Funding for Affordable Housing Near Transit
LISC Boston / Feb 11, 2020
FOR IMMEDIATE RELEASE Contact: Karen Kelleher, LISC Boston 617.410.4343 | kkelleher@lisc.org Tia M. Vice, LISC Boston 617.410.4343 | tvice@lisc.org LISC EXPANDS FUNDING FOR AFFOR...