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Codman Square Affordable Housing Facility Gets Grand Opening
Banker & Tradesman / May 09, 2017

Local officials recently celebrated the grand opening of new affordable housing facility Whittier Lyndhurst Washington. The $20.1 million redevelopment created 44 units of affordable rental housing and 1,000 square fe...

  • Mayor Walsh, Codman Square Neighborhood Developmen...
    Sampan / May 09, 2017

    Solidifying his commitment to creating more affordable housing for residents in Boston, Mayor Martin J. Walsh today joined Codman Square NDC (CSNDC), City officials and neighborhood leaders to celebrate the grand op...

  • Fenway's Burbank Gardens to Remain Affordable Afte...
    Banker & Tradesman / Apr 30, 2017

    Much of the commonwealth’s stock of affordable housing, built in the 1960s, 1970s and 1980s, is at risk of losing affordability. Currently, there are more than 104,000 affordable housing units at risk of converting to ...

  • Howland Mansion Restoration Project Starts at last...
    SouthCoast Today / Apr 28, 2017

    NEW BEDFORD — It’s been years in the making, and the Waterfront Historic Area League has officially launched a restoration project of the John Howland Jr. family home at 38 South Sixth St. The $2.9 million renovat...

  • ASPIRE BUILDING PROJECT HITS HALFWAY POINT
    Item Live / Apr 12, 2017

    LYNN — Aspire Developmental Services is halfway to completing its $4.3 million headquarters on Franklin Street. When the renovation of the former O’Keefe Alternative School is finished, the no...

  • CEDAC Commits $8.5M To Preserve Affordable Housing...
    Banker & Tradesman / Apr 11, 2017

    The Community Economic Development Assistance Corp. (CEDAC) recently committed over $8.5 million in financing to Fenway Community Development Corp. (Fenway CDC) to purchase and preserve Burbank Gardens, an existing affor...

  • French Club Project Gets State Funding, Looks Towa...
    Chelsea Record / Mar 31, 2017

    The Neighborhood Developers (TND) hosted state and City leaders on Tuesday morning, March 28, to announce that they had received critical funding to allow the French Club affordable housing project t...

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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 »
Winter 2016/2017 Newsletter
CEDAC Winter 2016/2017 Newsletter

Dear Friends, The end of 2016 and beginning of 2017 was a busy time for us. As you will see in the article about affordable housing production, the last quarter of 2016 saw a high volume of developments reach construction completion and open their doors or complete predevelopment work, close on project financing, and start construction, including important preservation or production projects in Northampton, Brockton, Somerville, and Framingham. It is encouraging to see so many ...

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