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CEDAC Congratulates Affordable Housing Awardees in Massachusetts

Massachusetts continues to invest in affordable housing that provides stable, quality homes for families, seniors, and individuals across the Commonwealth. The Healey-Driscoll Administration recently announced awards supporting more than 2,500 affordable rental homes led by the Executive Office of Housing and Livable Communities. The awards will support the creation and...

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CEDAC Approves Early-Stage Financing for 12 Affordable Housing Developments

  This quarter, CEDAC approved early-stage financing for twelve affordable housing developments in Massachusetts during its April, May, and June Board meetings. These investments will help nonprofit developers cover critical predevelopment costs, including site acquisition, design, engineering, environmental studies, and permitting, allowing projects to move closer...

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Construction to Restore Affordable Housing Begins at Historic Warren Hall Building

Construction to Restore Affordable Housing Begins at Historic Warren Hall Building

Construction has officially begun at Warren Hall, a historic 1879 building at 329–337 Washington Street in Brighton. The project, a collaboration among ABCDC, Schochet, MassHousing, EOHLC, the Mayor's Office of Housing, and CEDAC, will restore and preserve 35 affordable apartments and add two new ADA-compliant units in a walkable, transit-connected community. CEDAC pr...

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CEDAC Congratulates Supportive Housing Awardees in Massachusetts

  Massachusetts is investing in supportive housing that combines affordable homes with services to enable residents to lead stable, independent lives. The Healey-Driscoll Administration recently announced more than $44 million in funding to support housing for veterans, seniors, and families throughout the state, led by the Executive Office of Housing and Livabl...

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Expanding What’s Possible: New Affordable Housing Investments in Massachusetts

  Affordable housing projects are moving forward in communities throughout Massachusetts — not at ribbon cuttings or groundbreakings, but much earlier, when ideas are still taking shape and critical decisions determine what’s possible. CEDAC recently approved more than $7 million in early-stage financing to support 16 affordable housing developments. These i...

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Announcing CEDAC’s 2024 Annual Report

Cedac 20254 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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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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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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The 4% Housing Tax Credit Fix of 2020

The Low-Income Housing Tax Credit (LIHTC) is a crucial source of funding for the production of affordable rental housing as well as the preservation/renovation of existing affordable housing.  Since its inception roughly 33 years ago, LIHTC has become the largest affordable housing production program in the country, funding the production or preservation of approximat...

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