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...
Secretary Kennealy’s Housing Tour Highlights Impact of Statewide Developments
For the second time in his tenure, Secretary of Housing and Economic Development Mike Kennealy spent several days this fall on a tour of many affordable housing projects in various stages of development. The Department of Housing and Community Development (DHCD) staff planned the itinerary of the tour to all of the regions of the state, and Undersecretary Jennifer Maddox, ...
The 4% Housing Tax Credit Fix of 2020
The Low-Income Housing Tax Credit (LIHTC) is a crucial source of funding for the production of affordable rental housing as well as the preservation/renovation of existing affordable housing. Since its inception roughly 33 years ago, LIHTC has become the largest affordable housing production program in the country, funding the production or preservation of approximat...
Perseverance and Resilience in a Time of Crisis: Announcing CEDAC’s 2020 Annual Report
CEDAC is excited to share our FY20 Annual Report, which highlights how we’ve helped our non-profit community partners continue to develop affordable housing and child care facilities across the Commonwealth. Despite the many hardships caused by the pandemic, the community development sector has demonstrated remarkable resiliency and perseverance in moving forward and sup...
Congratulations to Boston Mayor Marty Walsh, the new U.S. Secretary of Labor
Like so many around Boston and across Massachusetts, CEDAC was thrilled when Marty Walsh, Boston’s Mayor from 2014-2021, was selected by President Joe Biden and Vice President Kamala Harris to become the U.S. Secretary of Labor, and we congratulate him on his new role. He brings an unquestioned commitment to helping working families and individuals to the role, which w...
DHCD Helps Affordable Housing Production and Preservation Across Massachusetts to Move Forward Despite Public Health Crisis
In October, the Baker-Polito Administration announced the 2020 Affordable Rental Housing Awards. The Massachusetts Department of Housing and Community Development (DHCD) will provide more than $105.7 million in direct funding and $53 million in state and federal tax credits for the production or preservation of more than 2,400 housing units, including 2,166 affordable rent...
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,...
An In-depth Look Into Extremely Low Income Renters in America’s Central Cities
In today’s blog post, we share a paper written by Bill Brauner, Director of Housing Preservation & Policy at CEDAC, that takes an in-depth look into extremely low income renters in America’s central cities. The paper explores the importance of affordable housing production and preservation policies and highlights the success of a few cities, led by Boston. CED...
Strengthening Communities Through the Kuehn Planning Grants
In 2016, CEDAC was awarded $180,000 of funding by the Kuehn Charitable Foundation (KCF) to establish a new planning grant program to help the non-profit community development sector across Massachusetts. Last year, KCF committed a second grant to CEDAC in the same amount. Named for the foundation’s creator Robert H. Kuehn, Jr., the Kuehn Planning Grants help non-profit o...