Today, CEDAC announced that we approved over $11.5 million in early stage project financing to 16 non-profit community development organizations across Massachusetts in the second quarter of 2021. This lending supports affordable housing developments in cities and towns across the Commonwealth from Boston and Worcester to Northampton.
This strong lending performance in the second quarter supports a variety of affordable housing projects that are tailored to the needs of the community. We are proud to assist our non-profit development partners as they create affordable and supportive housing for families, seniors, and veterans. These projects will help ensure that some of our most vulnerable populations have a safe, affordable place to call home.
