Housing Programs
For Kids Only Afterschool, Revere

Children's Investment Fund
Building Stronger Centers Training Institute, 2014

Commonwealth Workforce Coalition
Catholic Charities, Lynn


All children deserve the opportunity to learn and develop in well-designed learning spaces. We all understand that clean, safe and healthy environments are an important component of successful teaching and learning.

For over 25 years, Children’s Investment Fund has been providing technical expertise and financing to non-profit child care centers planning to improve or expand their facilities. Our primary goal is to increase the supply and quality of child care facilities in Massachusetts. We offer high quality training programs, access to professional consultants and funding to pay for predevelopment expenses, acquisition of property and permanent financing.

We are excited to share with you the launch of our new website. If you are a non-profit organization, we look forward to helping you turn your vision of high quality space into a reality.

Theresa Jordan
Director of Children's Facilities Finance
Peg Sprague
Board President, Children's Investment Fund
“Our space has transformed from the purely functional to a beautiful, professional-level arts space in the heart of Area IV, Cambridge.”
Eryn JohnsonExecutive Director, Community Art Center
  • 40 Years of INSITES

    This year marks 40 years of CEDAC providing technical assistance and serving as a resource to you, our community partners. We're proud to say that we have stayed true to our mission and we will continue to support the growth of the non-profit community development sector in Massachusetts. To kick off our 40th year, we are launching a CEDAC blog: INSITES. Tune in weekly for updates on our work, that of community partners, and to keep up on the latest sector news. In our first post, CEDAC's executive director Roger Herzog speaks to CEDAC's origins and evolution and welcomes you to celebrate the coming year with us.  

  • Read Now: 2016 Annual Report

    Dear Friends, We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC). This annual report highlights the success of Massachusetts as a national leader in community development and the role that CEDAC’s unique lending model has had in that success. We are proud of the Commonwealth and of the positive impact that we are able to have on individuals, families, and children that are served by our non-profit partners. The report includes examples of the continued commitment that the both CEDAC and the Baker-Polito administration have made to support affordable housing, high quality child care, and workforce development. It is difficult to share all of the good work that CEDAC, Children's Investment Fund and Commonwealth Workforce Coalition do on a yearly basis. So this year, we’ve looked to data and visuals to create a dynamic and easy to digest report to tell our story. The success of our efforts relies on effective relationships with many public and private partners, and we thank you for your contributions and collaboration. Please enjoy Annual Report 2016. We look forward to hearing your feedback. Sincerely, Roger Herzog Executive Director, CEDAC

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Aspiring to Reach New Heights on Franklin Street in Lynn
The Daily Item / Oct 25, 2017
The $4.5 million transformation of the former O’Keefe Alternative School on Franklin Street into a state-of-the-art early education center for Aspire Developmental Services is complete. “We have gone from a very s...