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 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
“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
  • YWCA Of Central Mass and Community Leader, Linda Cavaioli- Empowerment In Action

    At INSITES this week, we highlight the YWCA of Central Massachusetts and its Executive Director, Linda Cavaioli. CEDAC and the Children’s Investment Fund are proud to be partnering with the Y on a critical housing and child care project in Worcester. Read INSITES

  • Governor Baker and Undersecretary Chan Announce 2018 Affordable Rental Housing Awards

    At INSITES this week, we recount Governor Baker and Undersecretary Chan's recent announcement of 19 affordable housing projects across Massachusetts that will receive housing tax credits and capital subsidies to produce or preserve affordable units. Among those developments were five non-profit sponsored projects that CEDAC has supported through our early stage predevelopment and acquisition financing program. Read INSITES

  • Children’s Investment Fund Becomes A Certified CDFI

    At INSITES this week, we share some welcome news: Children’s Investment Fund (CIF), an affiliate of CEDAC, has been certified by the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund as a CDFI. Read INSITES

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Baker-Polito Administration Awards $4 Million for Early Education Programs
Governor's Office / Aug 15, 2018
The Baker-Polito Administration and the Community Economic Development Assistance Corporation (CEDAC) today announced $4 million in grant awards for facility improvements at early education and care programs that serve ...