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
“The redevelopment of this property [Washington Square Residence] was a rebirth for this century-old organization and the surrounding neighborhood.”
Lisa ConnollyExecutive Director, Lynn Home for Women
Announcements
  • Spring Newsletter

    Happy Spring! These past few months have been a particularly exciting time for CEDAC, as we’ve had a chance to look back at 40 years of strengthening communities in Massachusetts.  We culminated this milestone at CEDAC’s 40th Anniversary Celebration on March 14th at MIT’s Samberg Conference Center, where we honored Mel King for his foundational work in the 1970s that led to CEDAC’s creation. Read the Spring 2019 Newsletter

  • Baker-Polito Administration Awards Funding To Produce And Preserve Supportive Housing Units

    CEDAC was pleased to be on hand earlier this month when the Baker-Polito administration awarded $8.5 million to support the production or preservation of 147 units of supportive housing across the state.  The seven developments funded will provide much-needed housing and services to veterans, seniors, survivors of domestic violence, formerly homeless individuals, and other vulnerable populations. Read INSITES

  • Mike Gondek Offers Tribute To Community Development Leader Amy Anthony

    At INSITES this week, Mike Gondek, CEDAC’s former executive director, shares with us why Amy Anthony — former Secretary of the Massachusetts Executive Office of Communities and Development, who passed away in December — was so important to CEDAC and the community development sector in Massachusetts. Read INSITES

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Baker-Polito Administration Awards Funding for Seven Affordable Housing Projects for Vulnerable Communities
Office of Governor Charlie Baker and Lt. Governor Karyn Polito / May 07, 2019
Today, Lt. Governor Karyn Polito joined Worcester City Manager Edward M. Augustus, Senator Harriette L. Chandler, YWCA of Central Massachusetts Executive Director Linda Cavaioli, and local officials to celebrate the prod...