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Governor Baker and Undersecretary Chan Announce 2018 Affordable Rental Housing Awards

On July 25th, Governor Charlie Baker, joined by Housing and Community Development Undersecretary - and CEDAC board chair - Janelle Chan, announced state funding awards in the 2018 Rental Housing funding competition.  The Governor awarded a total of $33.5 million in state and federal tax credits and $57 million in federal HOME and state bond resources to 19 affordable hous...

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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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