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The Work That Happens Early: Reflections from CEDAC’s FY25 Annual Report

  Over the past year, CEDAC and the Children’s Investment Fund partnered with nonprofit organizations across Massachusetts during the earliest stages of development, when projects are still ideas on paper and critical decisions shape what becomes possible. This is where much of CEDAC’s work takes place: before groundbreakings, before ribbon cuttings, and oft...

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CEDAC-Supported Developments Receive State Affordable Housing Awards

CEDAC is pleased to congratulate six developments that have received funding through the Executive Office of Housing and Livable Communities’ latest Affordable Housing Development awards. As announced by the Healey-Driscoll Administration, more than $140 million has been committed statewide to support the creation of over 1,300 new homes across Massachusetts. These hi...

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CEDAC Executive Director Message

CEDAC Executive Director Message

  I am pleased and grateful to be back in Massachusetts working to preserve and create affordable housing. The Commonwealth is committed to solving the many challenges to making housing affordable, available, and accessible. The Community Economic Development Assistance Corporation (CEDAC) plays an essential role in carrying out that commitment. The Commonwealth...

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Expanding Access to Child Care Through Affordable Housing Development

Many parts of Massachusetts are an “access desert” when it comes to licensed child care, according to the Department of Early Education and Care. That access desert affects 70% of infants and 43% of toddlers in the Commonwealth. Affording child care is also a challenge—more than 30,000 children are currently on the waitlist for child care financial assistance. Massac...

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CEDAC Early-Stage Funding in Q1 of FY2026 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth

  Today, CEDAC announced its early-stage project financing commitments during the first quarter of FY2026 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. The total commitment of $...

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CEDAC-Supported Affordable Housing Projects Selected in Winter Round Financing Leveraged over $9 Million in Predevelopment Funds

Today, CEDAC announced that it has provided financing to nine of 21 affordable housing projects that received funding awards in the most recent competitive round of affordable housing led by the Massachusetts Executive Office of Housing and Livable Communities (EOHLC). CEDAC has committed a total of $9,587,000 in early-stage financing to these projects, which will create 4...

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CEDAC Early-Stage Funding in Q4 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth

Today CEDAC announced that its early-stage project financing commitments of over $12.6 million during the fourth quarter of FY2025 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. With the...

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The Home Modification Loan Program: The Myette Family

Plymouth’s John and Pam Myette have strived to keep their family together for their son Billy, who has nonverbal autism.  However, as Billy got older, the couple’s concerns for their own aging and their son’s future grew.  The passing of the Healey-Driscoll Administration’s 2024 landmark Affordable Homes Act and a new zoning policy allowing property owners by rig...

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CEDAC Early-Stage Funding in Q3 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth

Today CEDAC announced that its early-stage project financing commitments during the third quarter of FY2025 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. The total commitment of $2,250,...

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Healey-Driscoll Administration and CEDAC Announce Selection of New Executive Director

Healey-Driscoll Administration and CEDAC Announce Selection of New Executive Director

BOSTON (April 23, 2025) – The Community Economic Development Assistance Corporation (CEDAC) and the Massachusetts Executive Office of Housing and Livable Communities (EOHLC) today announced the selection of its new executive director. Affordable housing and housing finance expert, Ethan Handelman, has been selected as CEDAC’s new executive director, effective Ju...

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