CEDAC is pleased to congratulate six developments that have received funding through the Executive Office of Housing and Livable Communities’ latest Affordable Housing Development awards.
As announced by the Healey-Driscoll Administration, more than $140 million has been committed statewide to support the creation of over 1,300 new homes across Massachusetts. These highly competitive awards represent a significant milestone in the development process, advancing projects from years of planning into construction and long-term community impact.
Among the awarded projects are six developments that previously received early-stage financing from CEDAC – helping position them for success in this funding round.
The CEDAC-supported awardees include:
- Turtle Woods (Beverly), Harborlight Community Partners
- Parcel P-12C (Boston), Asian Community Development Corporation
- 112 Queensberry Street (Boston), Fenway Forward
- 176 Main Street (Greenfield), Rural Development, Inc.
- Olde Station Square I & II (Lawrence), Greater Lawrence Community Action Council
- Linden Street Apartments (Pittsfield), Hearthway, Inc.
From senior housing preservation in Beverly to family housing in Boston to green affordable housing in Pittsfield and adaptive reuse in Greenfield and Lawrence, these developments reflect the breadth of communities and housing needs across the Commonwealth. When completed, they will provide stable, affordable homes for seniors, families, and individuals – strengthening neighborhoods and expanding access to opportunity.
Through predevelopment and acquisition financing, CEDAC partners with nonprofit and mission-driven developers to advance complex affordable housing projects at critical early stages. Early investment supports site control, design, financial structuring, and readiness – ensuring developments are well-positioned to compete for public resources.
State housing awards represent a major milestone in the life of an affordable housing development. Behind each award is years of coordination, community engagement, and financial preparation. CEDAC is proud to support this foundational work, strengthening the pipeline of projects that ultimately deliver affordable homes across the Commonwealth.
We congratulate the sponsors and partners leading this work and look forward to seeing these developments move into construction and long-term service to residents in Beverly, Boston, Greenfield, Lawrence, and Pittsfield.
