At INSITES this week, we complete our series of spotlights on previous directors of the Children's Investment Fund ("the Fund"). Today, Mav Pardee, the organization's third director, recounts the Fund's long history of working with non-profit providers to create high-quality learning environments for the most vulnerable children in Massachusetts. 1. Describe your exper...
Evolution of the Fund: A Look Back With Viki Bok
At INSITES this week, we continue our series of spotlights on previous directors of the Children's Investment Fund ("the Fund"). Today, Viki Bok, the organization's second director, reflects on how the Fund's role in the nonprofit child care provider community has evolved throughout the years. Describe your experience as the director for Children’s Investment Fund...
Children’s Investment Fund Awarded $300,000 from CDFI Fund to Support High-Quality Early Education Facilities
At INSITES this week, we share the great news that Children's Investment Fund, an affiliate of CEDAC, has received $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund). This award will allow us to continue financing capital improvements for early education facilities and strengthening the child care sector. R...
Governor Baker’s FY18 EEOST Award Announcement
On August 15th at Crispus Attucks Children’s Center in Dorchester, Governor Baker announced $4 million in FY18 Early Education and Out of School Time (EEOST) Capital Fund awards to the following organizations, each receiving $1 million: Citizens for Citizens, Inc. in Fall River, which serves 200 children and plans to make playground improvements, window replacements...
Happy Birthday, INSITES!
It’s hard to believe but CEDAC’s blog, INSITES, turns one year old this week. We’ve been astounded by the positive response we’ve received from so many who are regular readers of the blog. So thank you all for supporting us! First, we wanted to share where the name INSITES came from. More than a year ago, when we were in the process of developing the blog,...
Children’s Investment Fund Becomes a Certified CDFI
In June, the Children’s Investment Fund (CIF) received some welcome news – the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund had certified CIF as a CDFI. This certification enables us to apply for federal funding to increase low-cost lending capital for early childhood education (ECE) and out-of-school time (OST) facility ...
Governor Baker Signs $1.8 Billion Housing Bond Bill
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...
Spring is the Celebration Season
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...