The state’s Home Modification Loan Program (HMLP) continues to be a vital resource in helping seniors, homeowners with disabilities or family members with disabilities modify their homes to enhance accessibility. Since 1999, the program has provided over 3,000 households the financial assistance to implement modifications that improved quality of life and accessibility. ...
The Home Modification Loan Program in Berkshire County and Chicopee
Dec. 19, 2024
Susan Gillam, HMLP & Macsonny Onyechefule, Seven Letter
Susan Gillam, HMLP & Macsonny Onyechefule, Seven LetterThe Home Modification Loan Program Is A “Huge Untapped Resource” For The Berkshires
Nov. 26, 2024
The Berkshire Eagle
The Berkshire EagleThe Home Loan Modification Program is helping families across the Commonwealth enhance their properties’ accessibility. The story below from The Berkshire Eagle features a Williamstown couple that recently utilized the HMLP to help improve the home they purchased two years ago. Despite the significant benefits, the couple was only one of a few residents in Berkshire Co...
CEDAC Early-Stage Project Funding Q1 FY2025
Nov. 4, 2024
Roger Herzog, Executive Director
Roger Herzog, Executive DirectorFor Immediate Release Media Contact: Macsonny Onyechefule – Seven Letter macsonny@sevenletter.com CEDAC Early-Stage Funding in Q1 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth Project funding totaled over $23 million in predevelopment and acquisition financing. BOSTON (November 4, 2024) – The Communi...
Amicus Brief Filed in SJC Case with Much at Stake for Preserving Affordable LIHTC Units
Oct. 7, 2024
Roberta Rubin
Roberta RubinIn INSITES this week: CEDAC, together with three other Massachusetts public agencies[1], filed an amicus brief on August 16, 2024 with the Massachusetts Supreme Judicial Court (“SJC”) in a case[2] that could have a significant impact on nonprofits’ ability to preserve long-term affordability in Low Income Housing Tax Credit (“LIHTC”)[3] projects. Oral arguments...
Healey-Driscoll Administration Announces Capital Grants to Child Care Facilities
Aug. 30, 2024
Theresa Jordan
Theresa JordanCIF Director Theresa Jordan, Education Secretary Patrick Tutwiler, State Representative Adrian Madaro, East Boston Social Centers (EBSC) Executive Director Justin Pasquariello, Senator Sal DiDomenico, an EBSC educator and student, and EEC Commissioner Amy Kershaw. Last Monday, the Healey-Driscoll administration announced that 20 programs from across Massachusetts will r...
Request for Proposals for the Small Property State Acquisition Fund (SPAF) Pilot Program
Jul. 18, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorOn behalf of the Executive Office of Housing and Livable Communities (EOHLC), the Community Economic Development Assistance Corporation (CEDAC) is pleased to announce a Request for Proposals for funding under the Small Property State Acquisition Fund (SPAF) Pilot Program. This Pilot Program offers acquisition financing to eligible nonprofit housing organizatio...
CEDAC Partners with the Massachusetts Executive Office of Housing and Livable Communities to Commit Financing for Critical Supportive Housing Projects
Jun. 14, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC’s housing team joined Lt. Governor Driscoll and Executive Office of Housing and Livable Communities Secretary Augustus at an event in Gloucester at City Hall, right around the corner from the historic Pattillo Building project – one of the award recipients – to announce these important funding awards. In INSITES this week: CEDAC has underwritten...
Celebrating the Contributions of Bill Brauner, CEDAC’s Outgoing Director of Housing Development & Preservation
Apr. 3, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorBill Brauner, Former Director of Housing Development & Preservation In INSITES this week: CEDAC recently celebrated the major contributions of outgoing Director of Housing Development & Preservation, Bill Brauner, as he departed the organization after a stellar 21-year tenure. Bill played a key leadership role in CEDAC’s work on affordable housing...
Announcing CEDAC’s 2023 Annual Report
Mar. 4, 2024Roger Herzog
Roger HerzogToday, CEDAC released our FY23 Annual Report, highlighting our most exciting and impactful projects of the past year that were completed alongside our non-profit community development partners in our ongoing efforts to create greater access to high quality affordable housing and child care across Massachusetts. In 2023, the Commonwealth achieved historic milestones in t...
Unprecedented Capital Funding for Early Childhood Facilities in Massachusetts
Jan. 4, 2024Theresa Jordan
Theresa JordanGreater Lawrence Community Action Council. © Damianos Photography Children’s Investment Fund, CEDAC, and the Massachusetts Department of Early Education and Care (EEC) announced over $18M in funding for child care facilities this year. This unprecedented level of funding is the largest state investment in early childhood education and out-of-school time facilities in...