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Looking Back While Thinking Ahead: Celebrating CEDAC’s History

Two years ago, CEDAC launched the INSITES blog in anticipation of an important organizational milestone: our 40th anniversary.  We have enjoyed this opportunity to revisit our history and reflect on the events and the people who have led us to where we are today, and to highlight how community development in Massachusetts has evolved over four decades. This past spring...

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Children’s Investment Fund Awarded $300,000 from CDFI Fund to Support High-Quality Early Education Facilities

At INSITES this week, we share the great news that Children's Investment Fund, an affiliate of CEDAC, has received $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). This award will allow us to continue financing capital improvements for early education facilities and strengthening the child care sector. R...

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Governor Baker’s FY18 EEOST Award Announcement

On August 15th at Crispus Attucks Children’s Center in Dorchester, Governor Baker announced $4 million in FY18 Early Education and Out of School Time (EEOST) Capital Fund awards to the following organizations, each receiving $1 million: Citizens for Citizens, Inc. in Fall River, which serves 200 children and plans to make playground improvements, window replacements...

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Children’s Investment Fund Becomes a Certified CDFI

In June, the Children’s Investment Fund (CIF) received some welcome news – the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund had certified CIF as a CDFI. This certification enables us to apply for federal funding to increase low-cost lending capital for early childhood education (ECE) and out-of-school time (OST) facility ...

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Investing in Spaces for Children

Massachusetts is only the second state in the nation to make capital bond financing available for early childhood education (ECE) and out-of-school time (OST) facilities. In 2013, state legislators passed a bill that led to the creation of the Early Education and Out of School Time (EEOST) Capital Fund, which provides capital grants of up to $1 million for providers across...

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