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A Decade of Housing Preservation: Impact of the MacArthur Foundation Funding

In a highly competitive process among state and local jurisdictions across the country, Massachusetts was selected in 2009 to participate in the Windows of Opportunity initiative launched by the John D. and Catherine T. MacArthur Foundation.  This MacArthur initiative intended to address the need for innovative solutions to preserve the long-term affordability of thousand...

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CEDAC-Sponsored RAD for PRAC Forum on Preserving Existing Affordable Elderly Housing

On October 7, 2019, CEDAC offered a forum that explained how Section 202 owners can use RAD as a preservation tool for their Section 202 PRAC projects. Speakers included: Tom Davis, Director, Office of Recapitalization, US Department of Housing and Urban Development (HUD) Dan Rogers, Chief, Asset Management Division, Northeast Region, HUD Emily Cooper, Chief...

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CEDAC Staff Shares Technical Expertise on Affordable Housing and Community Development Panels

As a public private community development financial institution, CEDAC’s technical assistance focuses on understanding the interplay between project development and public policy.  CEDAC’s staff includes experienced practitioners in the areas of affordable housing production and preservation, and community facility development serving the early education sector.  We ...

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An Affordable Housing Preservation Celebration: Newcastle/Saranac Apartments

Last Wednesday, August 14th, a diverse group of stakeholders, including advocates, neighborhood residents, community developers, lenders, public officials, and partners at the city and state level, came together to celebrate an important achievement – the preservation of 97 units of affordable housing at Newcastle/Saranac Apartments in Boston’s Lower Roxbury neighborho...

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2018 Data Demonstrates Effective State and City Efforts on Affordable Housing Preservation

Massachusetts preserved the long-term affordability of more than 3,750 units in 25 multifamily rental developments during 2018, according to data released by the Community Economic Development Assistance Corporation (CEDAC).   This strong housing preservation performance in 2018 demonstrates the continued impact of the commitment of the Baker-Polito Administration to hou...

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Baker-Polito Administration Awards Funding to Produce and Preserve Supportive Housing Units

CEDAC staff attended an event on May 7th at the Worcester YWCA, where Lt. Governor Karyn Polito announced that the Baker-Polito Administration is awarding funding for the production and preservation of 147 new units of supportive housing in communities across Massachusetts. Lt. Governor Polito was joined by State Senators Harriette Chandler and Michael O. Moore, City Manag...

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Baker-Polito Administration Commits to Funding New Affordable Housing Production

In late February, CEDAC attended the Baker-Polito Administration’s announcement of funding awards for nine projects that will support the creation of over 600 new rental units across the state, including nearly 400 units of affordable housing.  The administration has invested over $45 million directly and allocated over $22 million in state and federal low-income housin...

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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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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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