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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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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...

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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...

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Announcing CEDAC’s 2022 Annual Report

CEDAC is thrilled to share our FY22 Annual Report, detailing recent projects and initiatives completed alongside our nonprofit community development partners in our ongoing efforts to create greater access to high quality affordable housing and child care across Massachusetts. In 2022, with the world beginning to once again look to the future after weathering the global...

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CEDAC Announces Q1 FY23 Lending Results with Exciting New Projects

BOSTON (November 17, 2022) – In INSITES this week, we are excited to share CEDAC’s lending results for the first quarter of Fiscal Year 2023 (July 1 – September 30, 2022). Our early-stage project lending will help to preserve or create over 900 units of affordable housing in 12 communities across Massachusetts. From Boston to Springfield, CEDAC works with community p...

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New CDC Leaders: Listening Deeply with Keith Fairey, President and CEO of Way Finders

Keith Fairey, President and CEO of Way Finders BOSTON (October 25, 2022) – The past decades have seen the steady rise and proliferation of Community Development Corporations (CDCs), organizations created with the goal of revitalizing neighborhoods that had fallen victim to economic hardship. Areas that had fallen into disarray following years of neglect were offered n...

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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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