Emilio Dorcely, CEO of Urban Edge Housing Corporation BOSTON (June 14, 2023) – In INSITES this week: Emilio Dorcely is the CEO of Urban Edge Housing Corporation in Boston, where he leads affordable housing development, family wealth building, and housing stability efforts. He also oversees neighborhood improvements through community engagement. Urban Edge was fou...

Photograph of Mel King on his 60th Birthday.  © 2023 Linda Haas Photography, LindaHaasPhoto.com BOSTON (April 26, 2023) – In INSITES this week: Mel King was a passionate leader, teacher, elected official, colleague, friend, and advocate for social justice and civil rights in the Boston area for most of his 94 years. As a community leader, he has had as much influe...

Pictured from left: Gov. Healey, Undersecretary Maddox, Roger Herzog - CEDAC, Kate Racer, DHCD BOSTON (April 4, 2023) – In INSITES this week, the development of more supportive housing resources in Massachusetts is one of CEDAC’s most important initiatives in 2023, and part of our ongoing commitment to address homelessness and serve residents in need.  Wednesday...

CEDAC is thrilled to share our FY22 Annual Report, detailing recent projects and initiatives completed alongside our nonprofit community development partners in our ongoing efforts to create greater access to high quality affordable housing and child care across Massachusetts. In 2022, with the world beginning to once again look to the future after weathering the global...

BOSTON (November 17, 2022) – In INSITES this week, 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. From Boston to Springfield, CEDAC works with community p...

Keith Fairey, President and CEO of Way Finders 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 victim to economic hardship. Areas that had fallen into disarray following years of neglect were offered n...

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 production or preservation of 11 supportive housing projects announced during the Baker-Polito Administration’s most recent Supportive Housing funding r...

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 production or preservation of 11 supportive housing projects announced during the Baker-Polito Administration’s most recent Supportive Housing funding r...

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 Commonwealth, we continue to see a healthy pipeline of housing development projects in urban neighborhoods and high opportunity suburban communities.  CEDAC�...

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 Economic Development Secretary Mike Kennealy in Gloucester on April 15th for the announcement of $63 million in new funding awards for 14 affordable housing pr...