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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CEDAC Commits Over $13 Million in Early Stage Financing to 32 Community Development Projects in First Half of FY22
Feb. 14, 2022
Roger Herzog
Roger HerzogPOUA and CICD’s 872 Morton Street Village Project Demonstrates How Affordable Housing Development Can Advance Racial Equity
Jul. 9, 2021Roger Herzog
Roger HerzogToday, we announce that CEDAC recently committed $625,000 in predevelopment financing to 872 Morton Street Village in Boston’s Mattapan neighborhood. Planning Office for Urban Affairs, Inc. (POUA) and the Caribbean Integration Community Development (CICD) will create 40 units of mixed-income family housing, with 31 rental units and nine affordable homeownership units. Th...