Today, CEDAC announced that it has provided financing to nine of 21 affordable housing projects that received funding awards in the most recent competitive round of affordable housing led by the Massachusetts Executive Office of Housing and Livable Communities (EOHLC). CEDAC has committed a total of $9,587,000 in early-stage financing to these projects, which will create 4...
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CEDAC-Supported Affordable Housing Projects Selected in Winter Round Financing Leveraged over $9 Million in Predevelopment Funds
Aug. 12, 2025
CEDAC Staff
CEDAC StaffCEDAC Announces Recipients of The Small Property State Acquisition Fund
Apr. 2, 2025
Roger Herzog, Executive Director
Roger Herzog, Executive DirectorBOSTON (April 2, 2025) – CEDAC is pleased to announce that three nonprofit housing organizations have been awarded funding as part of the pilot round of the Small Property State Acquisition Fund (SPAF) Program. The SPAF Program offers acquisition financing to eligible nonprofit housing organizations of up to $450,000 for the purchase of existing smaller residential pr...
CEDAC Provides Over $9.2 Million in Early-Stage Financing for Affordable Housing Projects
Mar. 26, 2025Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC has underwritten and will support fourteen affordable housing projects that received funding awards in the most recent competitive round of affordable housing led by the Massachusetts Executive Office of Housing and Livable Communities (EOHLC). CEDAC also committed a total to date of $9,265,000 in early-stage financing to five of these projects, including: War...
CEDAC Early-Stage Project Funding Q2 FY2025
Feb. 13, 2025Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC 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...
CEDAC Early-Stage Project Funding Q1 FY2025
Nov. 4, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorFor 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...
Request for Proposals for the Small Property State Acquisition Fund (SPAF) Pilot Program
Jul. 18, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorOn 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
Jun. 14, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC’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...