For 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
In 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...
Request for Proposals for the Small Property State Acquisition Fund (SPAF) Pilot Program
On 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
CEDAC’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
Bill 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
Today, 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...
Celebrating CEDAC’s Lionel G. Romain
Lionel Romain, Former CEDAC Director of Housing for Central & Western MA In INSITES this week: CEDAC recently celebrated the 15th anniversary and remarkable career of Lionel G. Romain - our outgoing Director of Housing for Central & Western Massachusetts – in the Grand Hall of Union Station in downtown Worcester with Lionel’s colleagues, friends and family...
New CDC Leaders: Strengthening Communities and Families with Urban Edge CEO Emilio Dorcely
Emilio Dorcely, CEO of Urban Edge Housing Corporation BOSTON (June 14, 2023) – In INSITES this week: Emilio Dorcely is the CEO of Urban Edge Housing Corporation in Boston, where he leads affordable housing development, family wealth building, and housing stability efforts. He also oversees neighborhood improvements through community engagement. Urban Edge was fou...
Honoring Mel King, Visionary Leader and CEDAC’s Founding Father
Photograph of Mel King on his 60th Birthday. © 2023 Linda Haas Photography, LindaHaasPhoto.com BOSTON (April 26, 2023) – In INSITES this week: Mel King was a passionate leader, teacher, elected official, colleague, friend, and advocate for social justice and civil rights in the Boston area for most of his 94 years. As a community leader, he has had as much influe...
Healey-Driscoll Administration Announces Funding Awards to 12 Supportive Housing Projects
Pictured from left: Gov. Healey, Undersecretary Maddox, Roger Herzog - CEDAC, Kate Racer, DHCD BOSTON (April 4, 2023) – In INSITES this week, the development of more supportive housing resources in Massachusetts is one of CEDAC’s most important initiatives in 2023, and part of our ongoing commitment to address homelessness and serve residents in need. Wednesday...