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Announcing CEDAC’s 2024 Annual Report

Today, CEDAC proudly released our 2024 Annual Report. The report highlights many of the impactful projects that we helped fund throughout the year. Through our collaborations with over 41 community-based partners and more than 20 funders, we provided $44.5 million in early-stage funding and technical assistance for projects that were creating or preserving over 2,300 un...

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CEDAC Early-Stage Project Funding Q2 FY2025

  CEDAC Early-Stage Funding in Q2 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth Project funding totaled over $1.7 million in predevelopment and acquisition financing. BOSTON (February 13, 2025) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage project financ...

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CEDAC Early-Stage Project Funding Q1 FY2025

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...

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Amicus Brief Filed in SJC Case with Much at Stake for Preserving Affordable LIHTC Units

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...

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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...

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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...

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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...

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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...

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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...

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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...

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