Today, CEDAC announced its early-stage project financing commitments during the first quarter of FY2026 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.
The total commitment of $4,103,910 in predevelopment financing to nine (9) projects will promote affordable housing development by community development corporations and other non-profit entities in communities throughout Massachusetts, including in Boston, Dorchester, Somerville, Plymouth, Lynn, Arlington, Rowley, Greenfield and Topsfield.
“Our commitment to these incredible projects bolster the state’s mission to provide affordable housing for individuals and families across Massachusetts,” said CEDAC’s Executive Director, Ethan Handelman. “We are excited to continue providing financing and technical assistance work with our non-profit community partners as these projects progress to the next stage.”
Learn more about the projects here.
