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CEDAC Commits Over $13 Million in Early Stage Financing to 32 Community Development Projects in First Half of FY22

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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New England’s First LGBTQ-Friendly Senior Housing Initiated by Kuehn Planning Grant

Last November, the City of Boston chose a developer to turn the William Barton Rogers School, a former middle school in the City’s Hyde Park neighborhood, into 74 new units of affordable housing for seniors.  And last month, the city announced that it would commit $2 million towards the completion of this project.  While an adaptive reuse of a middle school into senior...

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State Awards New Funding for 11 Affordable Housing Projects Across Massachusetts

Massachusetts truly is fortunate that elected leaders consistently demonstrate their support for building affordable housing.  We received yet more evidence of this bicameral and bipartisan support on February 4th, when Governor Charlie Baker and Lt. Governor Karyn Polito announced $44 million in new funding awards for affordable housing projects across the Commonwealth. ...

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