CEDAC recently celebrated the major contributions of outgoing Director of Housing Development & Preservation, Bill Brauner, as he departed the organization after a stellar 21-year tenure…
CEDAC recently celebrated the 15th anniversary and remarkable career of Lionel G. Romain – our outgoing Director of Housing for Central & Western Massachusetts – in the Grand Hall of Union Station in downtown Worcester with Lionel’s colleagues, friends and family.
After 15 years furthering CEDAC’s mission of building strong communities through affordable housing and community economic development…
BOSTON (October 24, 2023) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage financing commitments during the fiscal year 2023 will help create or preserve affordable housing in communities across the Commonwealth.
BOSTON (May 10, 2023) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage financing commitments during the third quarter of fiscal year 2023 will help create or preserve affordable housing in communities across the Commonwealth.
BOSTON (March 22, 2023) – The Community Economic Development Assistance Corporation (CEDAC) announced today that its early-stage financing commitments during the second quarter of fiscal year 2023 will help create or preserve affordable housing in 8 communities across the Commonwealth.
BOSTON (January 13, 2023) – CEDAC announced today that the Commonwealth of Massachusetts’ Home Modification Loan Program (HMLP) has reconfigured its “Western Massachusetts” area into four sub-regions in an effort to better reach and serve homeowners in these communities. HMLP is a state-funded loan program that provides no-interest loans to those in need of accessibility improvements to their homes.
Featured image: An array of HMLP borrowers and their featured home modification projects.
HMLP Improves Regional Support in Western MA »
HMLP Improves Regional Support in Western MA
BOSTON (January 12, 2023) – The Community Economic Development Assistance Corporation (CEDAC) and Valley Community Development Corporation (Valley CDC) today announced that Valley CDC has completed the closing on its acquisition of the 63-room Econo Lodge in Hadley for conversion into 50 Permanent Supportive Housing apartments.
BOSTON (December 29, 2022) – The Baker-Polito Administration convened a Housing Roundtable discussion in Haverhill on December 8th and announced funding awards in the most recent competitive round for affordable housing across the Commonwealth.
The Community Economic Development Assistance Corporation (CEDAC) has partnered with the Department of Housing and Community Development (DHCD) and its other quasi-public state housing agencies on these new projects and is excited about its involvement as a provider of predevelopment and acquisition funding to five of the 14 total announced projects.
BOSTON (November 17, 2022) – We are excited to share CEDAC’s lending results for the first quarter of Fiscal Year 2023 (July 1 – September 30, 2022). Our early-stage project lending will help to preserve or create over 900 units of affordable housing in 12 communities across Massachusetts.
