Today in a special guest blog, CEDAC’s founding executive director, Carl Sussman, shares how and why CEDAC was established. Before CEDAC, Carl was a Cambridge Institute fellow in the early 1970s, and in the mid and late 1970s, he was active in crafting the state’s community development finance policies. Carl was the executive director of CEDAC for 15 years and played a...

Over the past four decades, CEDAC and the Massachusetts CDC movement have literally grown up together. We even share a piece of legislation: Chapter 40H contains both CEDAC’s enabling language, and the definition of a Community Development Corporation. As we look ahead to our 40th anniversary, we’ve taken note that in the past few years, we’ve spent many an evening a...