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CEDAC Celebrates Its 40th Anniversary at Event Honoring Mel King

“Teamwork makes the dream work.” Mel King, legendary community activist and former state representative, invoked this phrase as he concluded his remarks at our 40th anniversary celebration on March 14th.  And Mel did not just speak these words, but rather inspired the audience to chant them together with him.  This phrase sums up his philosophy on community develo...

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CEDAC to Honor Mel King at 40th Anniversary Celebration

CEDAC is proud to celebrate 40 years of strengthening communities across the Commonwealth. We are thrilled to announce that we will honor former State Representative Mel King as we commemorate this anniversary this month. As a Massachusetts State Representative, Mel King sponsored legislation in 1978 which created CEDAC with a mission to support community-based developme...

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Children’s Investment Fund Awarded $300,000 from CDFI Fund to Support High-Quality Early Education Facilities

At INSITES this week, we share the great news that Children's Investment Fund, an affiliate of CEDAC, has received $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). This award will allow us to continue financing capital improvements for early education facilities and strengthening the child care sector. R...

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Happy Birthday, INSITES!

It’s hard to believe but CEDAC’s blog, INSITES, turns one year old this week.  We’ve been astounded by the positive response we’ve received from so many who are regular readers of the blog.  So thank you all for supporting us! First, we wanted to share where the name INSITES came from.  More than a year ago, when we were in the process of developing the blog,...

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Children’s Investment Fund Becomes a Certified CDFI

In June, the Children’s Investment Fund (CIF) received some welcome news – the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund had certified CIF as a CDFI. This certification enables us to apply for federal funding to increase low-cost lending capital for early childhood education (ECE) and out-of-school time (OST) facility ...

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Congratulations and Thanks to Outgoing Undersecretary of Housing Chrystal Kornegay

I would like to offer my congratulations to our current chair of CEDAC’s board of directors, Chrystal Kornegay, on the recent announcement of her appointment as the new executive director at MassHousing. Chrystal has served with distinction for the past three years in the Baker-Polito administration as the Undersecretary of Housing and director of the Department of Housi...

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The Tax Reform and Affordable Housing

Congress has approved the tax reform bill and it is anticipated that it will be signed into law by the end of the week, finishing a month of nail biting uncertainty regarding a number of fiscal issues, including several important affordable housing programs. The production and preservation of affordable housing is part of the country’s social safety net for low-income an...

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MACDC – 35 Years of Strengthening Community Development Together

On Friday, November 17th, the Massachusetts Association of Community Development Corporations (MACDC) will celebrate its 35th anniversary at an event in Boston. MACDC represents the Commonwealth’s mission-driven non-profit community development organizations, who are “dedicated to working together and with others to create places of opportunity where people of diverse ...

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Celebrating 50 Years of CHAPA

Massachusetts is recognized nationwide for our leadership and innovation in affordable housing and community development. We have built a strong infrastructure for financing, developing and preserving affordable housing – CEDAC plays an important institutional role in making sure that community based developers have the early stage financing they need to make their proje...

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The Six Cs of Supportive Housing Development

On October 5th, Massachusetts’ Department of Housing and Community Development (DHCD) accepted pre-applications for its Supportive Housing for Vulnerable Populations Round, in which the Commonwealth will allocate capital, operating and supportive services resources through the National Housing Trust Fund (HTF); state capital subsidy funds; and the Massachusetts Rental Vo...

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