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From The Blog
Borrower Profile: Casa Esperanza, Roxbury, Massachusetts
Bronia Clifton / Jan 10, 2018

By profiling the work of a CEDAC borrower, we can see not only the evolution of the organization, but the evolution of the non-profit affordable housing sector in Massachusetts. C...

Recent News
Main South CDC gets financing for housing on Grand St.
Worcester Telegram / Jan 18, 2018

The Community Economic Development Assistance Corporation has provided $200,000 in predevelopment financing and up to $900,000 in acquisition financing to Main South CDC for the 92 Grand St. project in Worcester. Main...

  • Historic Boston building gets blessing for housing
    Boston Herald / Jan 17, 2018

    Gov. Charlie Baker, Mayor Martin J. Walsh and Cardinal Sean O’Malley were among the city and state leaders who attended a ceremony yesterday celebrating the transformation of a historic downtown building into a home fo...

  • Nonprofit Service Providers Become Developers to B...
    Banker & Tradesman / Jan 15, 2018

      ...

  • Howland House gets second life after escaping demo...
    South Coast Today / Dec 21, 2017

    NEW BEDFORD — Guests stepped into the Howland House Thursday evening and exchanged memories of what the building was and now is. At the ribbon-cutting to debut the renovations, Patrick Sullivan, director of New Bedfo...

  • MassHousing Provides $10.8M To Renovate 61 Units I...
    Banker & Tradesman / Dec 20, 2017

    MassHousing announced yesterday it provided $10.8 million in financing to the nonprofit developer Home City Development Inc., to advance the second phase of the substantial rehabilitation of the 136-unit E. Henry Twiggs...

  • CDC PROJECTS CATALYZE REVITALIZATION OF NORTHAMPTO...
    MACDC News / Dec 19, 2017

    The City of Northampton has spent the last four years developing a plan to revitalize the Pleasant Street Corridor, a stretch that has been identified as an important gateway to downtown Northampton.  Two CDC affordable...

  • Sixteen Lexington affordable housing units locked ...
    Wicked Local Lexington / Dec 18, 2017

    Lexington Housing Authority (LHA) is “now the proud owner of five condos at Pine Grove Village,” according to LHA Executive Director Caileen Foley. Foley made the announcement at the Dec. 13 Lexington Housing Autho...

news archive

Publications
2016 Annual Report
Annual Report 2016

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 qual...

past annuals »
Fall 2017 Newsletter
CEDAC Fall 2017 Newsletter

Dear Friends, Hard to believe but 2017 is coming to an end and 2018 is just around the corner.  CEDAC will be turning 40 next year, and we’re looking forward to celebrating that important milestone with all of you and with our partners across the state. This autumn, we were once again very busy helping to move important community development projects forward.  We attended more than 15 groundbreaking and ribbon cutting ceremonies around Massachusetts, events that culminat...

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