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...

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...

  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 $...

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...

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...

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...

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,...