Massachusetts is fortunate in that over the last several decades, the Commonwealth has repeatedly demonstrated its commitment to community development in a bipartisan way. On Thursday, May 31st, we saw the most recent example of this support when Governor Charlie Baker signed the $1.8 billion Housing Bond Bill into law. The bill will allow for new capital spending on affor...

It’s no surprise that as the weather turns warmer and sunnier, we get a chance to join our non-profit community development partners to celebrate milestone events in the project development process.  But it is always gratifying to attend groundbreaking and ribbon-cutting ceremonies and see these affordable housing, supportive housing, and child care projects go from ide...

By profiling the work of a CEDAC borrower, we can see not only the evolution of the organization, but the evolution of the non-profit affordable housing sector in Massachusetts. Casa Esperanza is a great example that allows us to trace an inspiring chapter in the history of supportive housing for individuals and families impacted by addiction. Casa Esperanza was founded...

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...