News Archive

BOSTON (January 25, 2023) – As the nation’s housing crisis escalates, affordable solutions feel scarce, especially in high-cost areas like Metro-Boston. Increasingly, attention is turning to income-restricted housing...

BOSTON (January 13, 2023) – CEDAC announced today that the Commonwealth of Massachusetts’ Home Modification Loan Program (HMLP) has reconfigured its “Western Massachusetts” area into four sub-regions in an effort...

BOSTON (January 12, 2023) – The Community Economic Development Assistance Corporation (CEDAC) and Valley Community Development Corporation (Valley CDC) today announced that Valley CDC has completed the closing on its a...

BOSTON (December 29, 2022) – The Baker-Polito Administration convened a Housing Roundtable discussion in Haverhill on December 8th and announced funding awards in the most recent competitive round for affordable housin...

BOSTON (November 17, 2022) – We are excited to share CEDAC’s lending results for the first quarter of Fiscal Year 2023 (July 1 – September 30, 2022). Our early-stage project lending will help to preserve or create ...

Projects stretch from Boston to Springfield with CEDAC commitments totaling $19 million Click Here To Read Press Release...

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BOSTON (October 25, 2022) – The past decades have seen the steady rise and proliferation of Community Development Corporations (CDCs), organizations created with the goal of revitalizing neighborhoods that had fallen ...

Projects stretch from Amherst to Provincetown with CEDAC commitments totaling $22 million Click Here To Read Press Release...

CEDAC committed predevelopment or acquisition financing to 6 of these projects - BOSTON, July 20, 2022 – The Community Economic Development Assistance Corporation (CEDAC) is proud to serve as a financing partner in the...

CEDAC committed predevelopment or acquisition financing to 6 of these projects - BOSTON, July 20, 2022 – The Community Economic Development Assistance Corporation (CEDAC) is proud to serve as a financing partner in the...

CEDAC is proud to report that we have committed $7,125,700 in early stage financing for the production and preservation of affordable housing in 6 projects during the third quarter of Fiscal Year 2022.   Across the Com...