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Baker-Polito Administration and Department of Early Education and Care announce FY22 Grant Awards through Early Education and Out of School Time Program

The Baker-Polito Administration and the Department of Early Education and Care (EEC) recently announced a total of $3,936,000 in FY22 funding through the Early Education and Out of School Time (EEOST) Capital Fund to 17 projects across the Commonwealth. EEOST funding is intended to provide center-based early education and out-of-school time care facilities with resources t...

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Baker-Polito Administration and CEDAC Award funding in 2022 Winter Rental Round to help create or preserve more than 1,474 units of affordable housing across Massachusetts

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 production or preservation of 11 supportive housing projects announced during the Baker-Polito Administration’s most recent Supportive Housing funding r...

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Baker-Polito Administration and CEDAC Award Funds to 11 New Supportive Housing Projects

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 production or preservation of 11 supportive housing projects announced during the Baker-Polito Administration’s most recent Supportive Housing funding r...

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CEDAC Commits Over $7.1 Million in Early-Stage Financing to Six Community Development Projects in Third Quarter of FY22

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 Commonwealth, we continue to see a healthy pipeline of housing development projects in urban neighborhoods and high opportunity suburban communities.  CEDAC...

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Baker-Polito Administration Announces $63 Million for Affordable Housing Production

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 Economic Development Secretary Mike Kennealy in Gloucester on April 15th for the announcement of $63 million in new funding awards for 14 affordable housing pr...

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NeighborWorks Groundbreaking

On February 16, CEDAC Executive Director Roger Herzog proudly joined Rob Corley of NeighborWorks Housing Solutions (NHS) and House Speaker Ron Mariano, Senator (and Housing Committee Chair) John Keenan, Representative Mark Cusack, Holbrook Town Administrator Gregory Hanley, and representatives from the Department of Housing and Community Development (DHCD), Massachusetts H...

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CEDAC Commits Over $13 Million in Early Stage Financing to 32 Community Development Projects in First Half of FY22

CEDAC is proud to report that we have committed $13,144,010 in early stage financing for the production and preservation of affordable housing in 32 projects during the first half of FY22. Despite the challenges of the pandemic, we continue to see strong demand for affordable housing projects in communities from Springfield to Topsfield to Winchendon. We look forward to su...

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Roadway Apartments: Struggling Hotel Becomes Housing for People Experiencing Homelessness

Today, we highlight Father Bill's & MainSpring's (FBMS) innovative Roadway Apartments project, which has transformed an underused hotel in Brockton into 69 units of permanent supportive housing for people experiencing homelessness. What began as an emergency measure to protect FBMS emergency shelter guests' health is now an adaptive reuse success story that can serve a...

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Investing in Child Care Infrastructure Can Be Transformative

Pictured above: Aspire Developmental Services in Lynn before and after renovating their facility. This project was made possible in part by a $1 million Building Quality Capital Fund grant, which CIF/CEDAC administer with the MA Department of Early Education and Care (EEC). Today, we're excited to share a CommonWealth Magazine op-ed authored by Theresa Jordan, Direc...

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Spotlight on Peter Gagliardi, Former Executive Director of Way Finders

As part of our series profiling retiring leaders of organizations throughout Western Massachusetts, please take a moment to learn a little about Peter Gagliardi of Way Finders. We are grateful for his years of service and the impact he has made on community development in Massachusetts and so many individuals in need. How long were you an Executive Director at Way Fi...

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