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CEDAC Launches New Decarbonization Predevelopment Loan Program in Partnership with MHP

A rendering of the proposed deep energy retrofit, including the solar panels on the roof of the buildings, that will be constructed at Hano Homes by Allston Brighton Community Development Corporation. Photo Credit: Onion Flats Architecture   CEDAC, in partnership with the Massachusetts Housing Partnership, is launching a new predevelopment loan program to help n...

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Fostering Continued Collaboration for Worcester CDCs

In partnership with the Massachusetts Housing Partnership (MHP) and Clark University, CEDAC launched a series of workshops with community development corporations (CDCs) in Worcester in order to develop a shared agenda for continued City and State investment in affordable housing projects. We recently completed the second year of these workshops, with topics derived from e...

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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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Creating CDC Capacity in Worcester

Massachusetts has a well-developed – and well-regarded – community development sector but not all areas in the State are as strongly developed as others.  In the Gateway Cities, the community development corporations (CDCs) work in the context of struggling economies, greater poverty, and tighter fiscal constraints than the Boston metro area. Over the last several yea...

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