News Archive
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CEDAC early-stage funding in Q4 of FY22 will help ...Aug 25, 2022
Projects stretch from Amherst to Provincetown with CEDAC commitments totaling $22 million Click Here To Read Press Release...
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Baker-Polito Administration And CEDAC Award Fundin...Aug 11, 2022
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...
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Baker-Polito Administration And CEDAC Award Funds ...Jul 20, 2022
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...
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CEDAC Commits Over $7.1 Million in Early-Stage Fin...May 27, 2022
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...
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2021 Annual ReportMay 02, 2022
We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC).
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Baker-Polito Administration Announces $63 Million ...May 02, 2022
15 projects in 14 communities will create or preserve more than 700 units of rental housing BOSTON, 29, April 2022 – Community Economic Development Assistance Corporation (CEDAC) was delighted to join Housing and Econ...
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Struggling Hotel Becomes Housing for People Experi...Jan 14, 2022/
When the COVID-19 pandemic began, people living in congregate facilities — spaces with shared living areas like bedrooms and bathrooms — were especially vulnerable to infection. At MainSpring House, an emergency s...
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Investing in child care infrastructure can be tran...Dec 27, 2021/
CHILD CARE is vital to our economy. This has never been more apparent than over the past 18 months as the COVID-19 pandemic shut down schools and child care centers across the Commonwealth – and the country. Parents a...
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McElwain School Apartments GroundbreakingNov 09, 2021/
QUINCY, Mass., Tuesday, November 9, 2021] The nonprofit organization Father Bill’s & MainSpring (FBMS) is breaking ground on a new development, the Yawkey Housing Resource Center, which reimagines how a community r...
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McElwain School Apartments GroundbreakingOct 13, 2021
FOR IMMEDIATE RELEASE **************************************** Press Release Contact: Mathieu P. Zahler 617-645-3534 mzahler@mpzdevelopment.com MCELWAIN SCHOOL APARTMENTS GROUNDBREAKING BRIDGEWATER – Tuesd...
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One Less Stressor for Caregiver Roberto CamachoSep 29, 2021/
September 29, 2021 By late September 2017, Roberto Camacho breathed a sigh of relief. Earlier that month, he had successfully helped his elderly parents relocate from their hometown of Yauco, Puerto Rico, to the...
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Boys & Girls Clubs of Stoneham & Wakefie...Sep 07, 2021/
The Baker-Polito Administration, along with the Community Economic Development Assistance Corporation (CEDAC) and its affiliate Children's Investment Fund (CIF), recently announced $7.5 million in Early Education and...