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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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An In-depth Look Into Extremely Low Income Renters in America’s Central Cities

In today’s blog post, we share a paper written by Bill Brauner, Director of Housing Preservation & Policy at CEDAC, that takes an in-depth look into extremely low income renters in America’s central cities.  The paper explores the importance of affordable housing production and preservation policies and highlights the success of a few cities, led by Boston. CED...

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Celebrating Milestone Work Anniversaries at CEDAC

As CEDAC celebrates its 40th anniversary this year, we are excited to also celebrate several milestone work anniversaries of our dedicated, hardworking team. Today, we hear from two CEDAC staff members: Bill Brauner, Director of Housing Preservation & Policy, and Carolyn Williams, Finance & HR Manager, as they each reflect on their 15 years contributing to CEDAC's ...

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Massachusetts Is Successfully Tackling the “Expiring Use” Housing Problem

March 1st marked an important and somber date in affordable housing preservation – it was the day in which over 1,300 affordable housing units in 15 developments built in the 1970s hit their mortgage expiration date.  This “expiring use” problem stems from the financing of two of the biggest rental development programs in that era – the state 13A program and the f...

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CEDAC: A LEADER IN AFFORDABLE HOUSING PRESERVATION

Today’s guest blog is from Vince O’Donnell, who was CEDAC’s Director of Development from 1986 to 2001. During that time, he played a major role in CEDAC’s emergence as a significant driver of the affordable housing preservation mission in Massachusetts. For over 45 years, he has worked with nonprofits, resident organizations and governmental agencies in his afforda...

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