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
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.
Announcements
  • 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

  • Working Together to Invest in High-Quality Early Education and Care

    At INSITES this week, Amy O’Leary – a member of the Children’s Investment Fund Board of Directors and the current director of Early Education for All, a campaign of Strategies for Children – shares why she believes in working together to advocate for high-quality early education and care facilities across the Commonwealth. Read INSITES

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Pelham affordable housing project gets some seed funding
Daily Gazette Hampshire / Jan 22, 2020
A project to bring 34 affordable housing units to an Amherst Road property that features a former fly rod factory building and farmhouse is moving forward. The Community Economic Development Assistance Corp. of Bo...