This quarter, CEDAC approved early-stage financing for twelve affordable housing developments in Massachusetts during its April, May, and June Board meetings. These investments will help nonprofit developers cover critical predevelopment costs, including site acquisition, design, engineering, environmental studies, and permitting, allowing projects to move closer...
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Construction to Restore Affordable Housing Begins at Historic Warren Hall Building
Jun. 16, 2026
CEDAC Staff
CEDAC StaffConstruction has officially begun at Warren Hall, a historic 1879 building at 329–337 Washington Street in Brighton. The project, a collaboration among ABCDC, Schochet, MassHousing, EOHLC, the Mayor's Office of Housing, and CEDAC, will restore and preserve 35 affordable apartments and add two new ADA-compliant units in a walkable, transit-connected community. CEDAC pr...
CEDAC Congratulates Supportive Housing Awardees in Massachusetts
May. 11, 2026CEDAC Staff
CEDAC StaffMassachusetts is investing in supportive housing that combines affordable homes with services to enable residents to lead stable, independent lives. The Healey-Driscoll Administration recently announced more than $44 million in funding to support housing for veterans, seniors, and families throughout the state, led by the Executive Office of Housing and Livabl...
CEDAC Early-Stage Funding in Q3 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth
Jun. 10, 2025CEDAC Staff
CEDAC StaffToday CEDAC announced that its early-stage project financing commitments during the third quarter of FY2025 will help to create or preserve affordable housing in communities across the Commonwealth. These projects will address a range of affordable housing needs including permanent supportive housing and new affordable housing production. The total commitment of $2,250,...
CEDAC Announces Recipients of The Small Property State Acquisition Fund
Apr. 2, 2025
Roger Herzog, Executive Director
Roger Herzog, Executive DirectorBOSTON (April 2, 2025) – CEDAC is pleased to announce that three nonprofit housing organizations have been awarded funding as part of the pilot round of the Small Property State Acquisition Fund (SPAF) Program. The SPAF Program offers acquisition financing to eligible nonprofit housing organizations of up to $450,000 for the purchase of existing smaller residential pr...
CEDAC Provides Over $9.2 Million in Early-Stage Financing for Affordable Housing Projects
Mar. 26, 2025Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC has underwritten and will support fourteen affordable housing projects that received funding awards in the most recent competitive round of affordable housing led by the Massachusetts Executive Office of Housing and Livable Communities (EOHLC). CEDAC also committed a total to date of $9,265,000 in early-stage financing to five of these projects, including: War...
Announcing CEDAC’s 2024 Annual Report
Mar. 12, 2025Roger Herzog
Roger HerzogToday, CEDAC proudly released our 2024 Annual Report. The report highlights many of the impactful projects that we helped fund throughout the year. Through our collaborations with over 41 community-based partners and more than 20 funders, we provided $44.5 million in early-stage funding and technical assistance for projects that were creating or preserving over 2,300 un...
CEDAC Early-Stage Project Funding Q2 FY2025
Feb. 13, 2025Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC Early-Stage Funding in Q2 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth Project funding totaled over $1.7 million in predevelopment and acquisition financing. BOSTON (February 13, 2025) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage project financ...
CEDAC Early-Stage Project Funding Q1 FY2025
Nov. 4, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorFor Immediate Release Media Contact: Macsonny Onyechefule – Seven Letter macsonny@sevenletter.com CEDAC Early-Stage Funding in Q1 of FY2025 Will Help Create or Preserve Affordable Housing in Communities Across the Commonwealth Project funding totaled over $23 million in predevelopment and acquisition financing. BOSTON (November 4, 2024) – The Communi...
CEDAC Partners with the Massachusetts Executive Office of Housing and Livable Communities to Commit Financing for Critical Supportive Housing Projects
Jun. 14, 2024Roger Herzog, Executive Director
Roger Herzog, Executive DirectorCEDAC’s housing team joined Lt. Governor Driscoll and Executive Office of Housing and Livable Communities Secretary Augustus at an event in Gloucester at City Hall, right around the corner from the historic Pattillo Building project – one of the award recipients – to announce these important funding awards. In INSITES this week: CEDAC has underwritten...