We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC).
2023 Annual Report
Author: Dilia Ramirez
CEDAC Announces New Staff Additions
CEDAC Commits Over $18.6 Million in Early-Stage Financing for Affordable Housing Projects
BOSTON (January 25, 2024) – The Community Economic Development Assistance Corporation (CEDAC) announced today that it has underwritten and will support twenty (20) affordable housing projects that received funding awards in the most recent competitive round of affordable housing led by the Massachusetts Executive Office of Housing and Livable Communities (EOHLC). In addition, CEDAC has committed a total of $18,632,685 in early-stage financing to 6 out of these projects, aimed at creating new rental housing units. In these six projects, 352 of the new units will be designated for low-income households, and of these units, 164 will be designated for extremely low-income individuals or households often transitioning from homelessness.
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Celebrating CEDAC’s Lionel G. Romain
CEDAC recently celebrated the 15th anniversary and remarkable career of Lionel G. Romain – our outgoing Director of Housing for Central & Western Massachusetts – in the Grand Hall of Union Station in downtown Worcester with Lionel’s colleagues, friends and family.
After 15 years furthering CEDAC’s mission of building strong communities through affordable housing and community economic development…
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CEDAC Early-Stage Funding in FY23 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth
BOSTON (October 24, 2023) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage financing commitments during the fiscal year 2023 will help create or preserve affordable housing in communities across the Commonwealth.
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CEDAC welcomes Claire Morton as new Senior Project Manager
CEDAC Announces Appointment of Two New Members to Board of Directors
Angie Liou and Gary Acquah will help guide the organization in its mission to provide Affordable Housing to those in need across the Commonwealth
CEDAC Early-stage Funding in Q3 of FY23 Will Help Create or Preserve 296 Units of Affordable Housing in Communities Across the Commonwealth
BOSTON (May 10, 2023) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage financing commitments during the third quarter of fiscal year 2023 will help create or preserve affordable housing in communities across the Commonwealth.
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CEDAC Early-stage Funding in Q2 of FY23 Will Help Create or Preserve Affordable Housing in 8 Communities Across the Commonwealth
BOSTON (March 22, 2023) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage financing commitments during the second quarter of fiscal year 2023 will help create or preserve affordable housing in 8 communities across the Commonwealth.
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2022 Annual Report
We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC).