Congress has approved the tax reform bill and it is anticipated that it will be signed into law by the end of the week, finishing a month of nail biting uncertainty regarding a number of fiscal issues, including several important affordable housing programs. The production and preservation of affordable housing is part of the country’s social safety net for low-income an...

On Friday, November 17th, the Massachusetts Association of Community Development Corporations (MACDC) will celebrate its 35th anniversary at an event in Boston. MACDC represents the Commonwealth’s mission-driven non-profit community development organizations, who are “dedicated to working together and with others to create places of opportunity where people of diverse ...

Massachusetts is recognized nationwide for our leadership and innovation in affordable housing and community development. We have built a strong infrastructure for financing, developing and preserving affordable housing – CEDAC plays an important institutional role in making sure that community based developers have the early stage financing they need to make their proje...

On October 5th, Massachusetts’ Department of Housing and Community Development (DHCD) accepted pre-applications for its Supportive Housing for Vulnerable Populations Round, in which the Commonwealth will allocate capital, operating and supportive services resources through the National Housing Trust Fund (HTF); state capital subsidy funds; and the Massachusetts Rental Vo...

Today in a special guest blog, CEDAC’s founding executive director, Carl Sussman, shares how and why CEDAC was established. Before CEDAC, Carl was a Cambridge Institute fellow in the early 1970s, and in the mid and late 1970s, he was active in crafting the state’s community development finance policies. Carl was the executive director of CEDAC for 15 years and played a...

Over the past four decades, CEDAC and the Massachusetts CDC movement have literally grown up together. We even share a piece of legislation: Chapter 40H contains both CEDAC’s enabling language, and the definition of a Community Development Corporation. As we look ahead to our 40th anniversary, we’ve taken note that in the past few years, we’ve spent many an evening a...

Welcome to CEDAC’s new blog. We plan to use this platform to share additional news, helpful information and perspectives on important topics. The launch of this blog coincides with a very special milestone for CEDAC – our 40th anniversary year – and we thought we’d take this opportunity to announce an exciting year-long effort to celebrate CEDAC past, present, ...