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.
Commonwealth Workforce Coalition
Commonwealth Workforce Coalition works with community-based workforce development professionals to ensure they have the tools to help job seekers in their communities.
Welcome

For more than 35 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
Chrystal Kornegay
CEDAC Board Chair
“With a vision to bring the community back to life, Urban Edge, Jamaica Plain NDC and Hyde Square Task Force have worked together for many years to redevelop Jackson Square. CEDAC has played an integral role in this initiative.”
Karen RoystonBoard Chair, Urban Edge, Inc.
Announcements
  • Baker-Polito Administration Announces $20 Million for Supportive Affordable Housing

    Funding will support the creation of 177 units of housing for vulnerable populations across Massachusetts http://www.mass.gov/governor/press-office/press-releases/fy2017/admin-announces-20m-for-supportive-affordable-housing.html#

  • Coalition for Smarter Growth – Long-term housing affordability for the District of Columbia

    Throughout the country only a few places require that new affordable housing projects agree to maintain that affordability in perpetuity – Boston is one of them.  CEDAC’s Bill Brauner is quoted in Coalition For Smarter Growth’s article advocating that DC follow Boston’s lead and require very long term affordability restrictions. http://www.smartergrowth.net/wp-content/uploads/2017/03/LongTermAffordability_FINAL_web.pdf

  • CEDAC Winter 2016/2017 Newsletter

    We are happy to announce the release of our Winter 2016/2017 Newsletter. You'll read about CEDAC's work in housing, child care, and the upcoming CWC workforce conference. We have a lot going on, and we're excited to share it with you. View Newsletter 

see all announcements

ASPIRE BUILDING PROJECT HITS HALFWAY POINT
Item Live / Apr 12, 2017
LYNN — Aspire Developmental Services is halfway to completing its $4.3 million headquarters on Franklin Street. When the renovation of the former O’Keefe Alternative School is finished, the nonprofit will have 15,...