Today CEDAC announced that its early-stage project financing commitments of over $12.6 million during the fourth quarter of FY2025 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production.
With these fourth quarter financing commitments, CEDAC has approved commitments of nearly $40 million to 46 affordable housing projects in FY2025.
“CEDAC’s significant financing activity in the final quarter of FY2025 helped to support affordable housing projects that will assist people in need across the Commonwealth” said CEDAC Executive Director, Ethan Handelman. “We will continue to work closely with our nonprofit partners as these projects move forward.”
Learn more about the projects here.
