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.

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 and child care providers 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.

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. 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
Undersecretary Jennifer Maddox, DHCD
CEDAC Board Chairperson
“With CEDAC’s help, the Cortes Street properties will remain affordable in perpetuity, giving lower income individuals the opportunity to live in a rapidly gentrifying neighborhood.”
Mark WinkellerExecutive Director, Caritas Communities
  • CEDAC and Children’s Investment Fund Seek Child Care Project Manager

    CEDAC and Children’s Investment Fund (CIF) seek a Child Care Project Manager to join a diverse team of twenty-five employees, including a three-member child care team. The scope of the CIF’s work includes technical assistance, training, grant and loan programs, and advocacy and outreach on improving facilities for community-based programs serving low-income children. Read the job posting

  • Building Quality: Transforming Early Learning Environments in Massachusetts

    In INSITES this week, Children’s Investment Fund (CIF) announces the release of its report, Building Quality: Transforming Early Learning Environments in Massachusetts. The report reflects on CIF’s 30 years of work and celebrates the Early Education and Out of School Time (EEOST) Capital Fund, which the report is rebranding as the Building Quality Capital Fund. Read INSITES

  • The Overlooked Infrastructure Crisis

    In INSITES this week, we hear from Carl Sussman, founding Executive Director of CEDAC and Children's Investment Fund (CIF) Board member. He shares how child care is an often ignored but critical part of social infrastructure and community development, and stresses the importance of federal investments in high-quality early education and care facilities. Read INSITES

see all announcements

McElwain School Apartments Groundbreaking
Oct 13, 2021
FOR IMMEDIATE RELEASE ********************************************************************************* Press Release                                          Contact: Mathieu P. Zahler     ...