News Archive
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CEDAC provides financing to build 235 housing unit...Dec 29, 2022/
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 housin...
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CEDAC Announces Q1 FY23 Lending Results with Excit...Nov 17, 2022/
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 ...
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CEDAC early-stage funding in Q1 of FY23 will help ...Nov 04, 2022
Projects stretch from Boston to Springfield with CEDAC commitments totaling $19 million Click Here To Read Press Release...
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Developers who want to convert EconoLodge in Hadle...Nov 03, 2022/
Click Here To Read News Article...
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New CDC Leaders: Listening Deeply with Keith Faire...Oct 25, 2022/
BOSTON (October 25, 2022) – The past decades have seen the steady rise and proliferation of Community Development Corporations (CDCs), organizations created with the goal of revitalizing neighborhoods that had fallen ...
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CEDAC early-stage funding in Q4 of FY22 will help ...Aug 25, 2022
Projects stretch from Amherst to Provincetown with CEDAC commitments totaling $22 million Click Here To Read Press Release...
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Baker-Polito Administration And CEDAC Award Fundin...Aug 11, 2022
CEDAC committed predevelopment or acquisition financing to 6 of these projects - BOSTON, July 20, 2022 – The Community Economic Development Assistance Corporation (CEDAC) is proud to serve as a financing partner in the...
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Baker-Polito Administration And CEDAC Award Funds ...Jul 20, 2022
CEDAC committed predevelopment or acquisition financing to 6 of these projects - BOSTON, July 20, 2022 – The Community Economic Development Assistance Corporation (CEDAC) is proud to serve as a financing partner in the...
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CEDAC Commits Over $7.1 Million in Early-Stage Fin...May 27, 2022
CEDAC is proud to report that we have committed $7,125,700 in early stage financing for the production and preservation of affordable housing in 6 projects during the third quarter of Fiscal Year 2022. Across the Com...
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2021 Annual ReportMay 02, 2022
We are pleased to share with you the latest annual report from the Community Economic Development Assistance Corporation (CEDAC).
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Baker-Polito Administration Announces $63 Million ...May 02, 2022
15 projects in 14 communities will create or preserve more than 700 units of rental housing BOSTON, 29, April 2022 – Community Economic Development Assistance Corporation (CEDAC) was delighted to join Housing and Econ...
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Struggling Hotel Becomes Housing for People Experi...Jan 14, 2022/
When the COVID-19 pandemic began, people living in congregate facilities — spaces with shared living areas like bedrooms and bathrooms — were especially vulnerable to infection. At MainSpring House, an emergency s...