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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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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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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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Spotlight on Dominick Marcigliano, Former Executive Director of Worcester Community Housing Resources

As the third installment of our series profiling retiring leaders of organizations throughout Central and Western Massachusetts, please take a moment to learn a little about Dominick Marcigliano, who served as Executive Director of Worcester Community Housing Resources from 2012-2020. We are grateful for his years of service and the impact he has made on the community d...

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Spotlight on Joanne Campbell, Former Executive Director of Valley Community Development Corporation

As the second installment of our series profiling retiring leaders of organizations throughout Western Massachusetts, please take a moment to learn a little about Joanne Campbell of Valley Community Development Corporation. We are grateful for her years of service and the impact she has made on the community development movement in Massachusetts and so many individuals ...

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Spotlight on Elton Ogden, former President of Berkshire Housing Development Corporation

As the first part of our series profiling retiring leaders of organizations throughout Central and Western Massachusetts, please take a moment to learn a little about Elton Ogden of Berkshire Housing Development Corporation (BHDC). We are grateful for his years of service and the impact he has made on the community development movement in Massachusetts and so many indiv...

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