Ethan HandelmanI am pleased and grateful to be back in Massachusetts working to preserve and create affordable housing. The Commonwealth is committed to solving the many challenges to making housing affordable, available, and accessible. The Community Economic Development Assistance Corporation (CEDAC) plays an essential role in carrying out that commitment. The Commonwealth...
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Expanding Access to Child Care Through Affordable Housing Development
Dec. 1, 2025
Theresa Jordan
Theresa JordanMany parts of Massachusetts are an “access desert” when it comes to licensed child care, according to the Department of Early Education and Care. That access desert affects 70% of infants and 43% of toddlers in the Commonwealth. Affording child care is also a challenge—more than 30,000 children are currently on the waitlist for child care financial assistance. Massac...
CEDAC Early-Stage Funding in Q1 of FY2026 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth
Nov. 25, 2025
CEDAC Staff
CEDAC StaffToday, CEDAC announced its early-stage project financing commitments during the first quarter of FY2026 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. The total commitment of $...
CEDAC-Supported Affordable Housing Projects Selected in Winter Round Financing Leveraged over $9 Million in Predevelopment Funds
Aug. 12, 2025CEDAC Staff
CEDAC StaffToday, 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...
CEDAC Early-Stage Funding in Q4 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth
Jul. 23, 2025CEDAC Staff
CEDAC StaffToday CEDAC announced that its early-stage project financing commitments of over $12.6 million during the fourth quarter of FY2025 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. With the...
CEDAC Early-Stage Funding in Q3 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth
Jun. 10, 2025CEDAC Staff
CEDAC StaffToday CEDAC announced that its early-stage project financing commitments during the third quarter of FY2025 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. The total commitment of $2,250,...
CEDAC 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...
Announcing CEDAC’s 2024 Annual Report
Mar. 12, 2025Roger Herzog
Roger HerzogToday, 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...
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...