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Borrower Profile: Casa Esperanza, Roxbury, Massachusetts

By profiling the work of a CEDAC borrower, we can see not only the evolution of the organization, but the evolution of the non-profit affordable housing sector in Massachusetts. Casa Esperanza is a great example that allows us to trace an inspiring chapter in the history of supportive housing for individuals and families impacted by addiction. Casa Esperanza was founded...

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Supporting Equitable Transit-Oriented Development

While it makes good planning sense to promote transit-oriented development (TOD) housing, there is also a need to ensure that the very households who most benefit from public transportation can afford to live in locations where it is easily accessible, that is, equitable transit-oriented development, or eTOD. Recently, the growing demand for TOD housing has been driving up...

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Wishing You a Happy New Year

Reflecting on the last twelve months, the housing and community development sector in Massachusetts has accomplished much in our efforts to build strong communities. We are proud of both CEDAC’s contributions and the work of our non-profit community partners. These partners are the backbone of the Commonwealth’s robust community development sector and its achievemen...

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The Tax Reform and Affordable Housing

Congress has approved the tax reform bill and it is anticipated that it will be signed into law by the end of the week, finishing a month of nail biting uncertainty regarding a number of fiscal issues, including several important affordable housing programs. The production and preservation of affordable housing is part of the country’s social safety net for low-income an...

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CEDAC: A LEADER IN AFFORDABLE HOUSING PRESERVATION

Today’s guest blog is from Vince O’Donnell, who was CEDAC’s Director of Development from 1986 to 2001. During that time, he played a major role in CEDAC’s emergence as a significant driver of the affordable housing preservation mission in Massachusetts. For over 45 years, he has worked with nonprofits, resident organizations and governmental agencies in his afforda...

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Looking to the West: Pleasant Street, Northampton

At CEDAC, we are committed to strengthening communities around the Commonwealth. While there are many examples that fit the bill, we want to highlight two separate affordable housing developments on the same important block in Northampton because of the significant role that they play in the revitalization of an important section of the City. The City of Northampton has...

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MACDC – 35 Years of Strengthening Community Development Together

On Friday, November 17th, the Massachusetts Association of Community Development Corporations (MACDC) will celebrate its 35th anniversary at an event in Boston. MACDC represents the Commonwealth’s mission-driven non-profit community development organizations, who are “dedicated to working together and with others to create places of opportunity where people of diverse ...

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The Challenges of Facility Improvement Projects

The business of providing care to young children can be very challenging. Child care directors of early education and care (ECE) and out-of-school time (OST) centers are required to balance multiple and complex responsibilities as administrators, fundraisers, facility managers, educators, and advocates often at the same time. Many programs are located in spaces and buildin...

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Did You Know: Home Modification Loan Program Can Benefit Individuals with Autism and Dementia?

Established by the State Legislature in 1999, Home Modification Loan Program (HMLP) is a lending program that finances housing adaptations or modifications to improve accessibility for seniors and individuals with disabilities. These modifications allow the household member to live more independently in the community. CEDAC works in cooperation with the Massachusetts Rehab...

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Celebrating 50 Years of CHAPA

Massachusetts is recognized nationwide for our leadership and innovation in affordable housing and community development. We have built a strong infrastructure for financing, developing and preserving affordable housing – CEDAC plays an important institutional role in making sure that community based developers have the early stage financing they need to make their proje...

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