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 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
“CEDAC’s help was critical in making sure the vision for the Kilby-Gardner-Hammond Revitalization Project became a reality.”
Steve TeasdaleExecutive Director, Main South Community Development Corporation
  • Read Now: 2017 Annual Report

    Dear Friends, We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC). This annual report highlights CEDAC’s successes in community development over the past year and looks forward to celebrating our 40th anniversary in 2018. We are proud to play an important role in the Commonwealth’s outstanding housing and community development system and of the positive impact that we are able to have on individuals, families, and children that are served by our non-profit partners. The report includes examples of the continued commitment that both CEDAC and the Baker-Polito Administration have made to support the production and preservation of affordable housing and the development of high quality child care facilities. We find it a challenge to share all of the successful community development activities that CEDAC and Children's Investment Fund support annually so once again, we are utilizing innovative data and visuals to present our work and our story. CEDAC is grateful for the relationships we have with our many public and private partners, and we thank you for your continued collaboration. Please enjoy Annual Report 2017. We look forward to hearing your feedback. Sincerely, Roger Herzog Executive Director, CEDAC  

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Baker-Polito Administration Successfully Preserves Affordable Housing
Banker & Tradesman / Mar 04, 2018
Challenges Ahead as Thousands of Units Approach Affordability Expiration Preserving affordable housing is an important priority in Massachusetts, and has become a special focus of policymakers and advocates as the reg...