CEDAC is proud to report that we have committed $13,144,010 in early stage financing for the production and preservation of affordable housing in 32 projects during the first half of FY22. Despite the challenges of the pandemic, we continue to see strong demand for affordable housing projects in communities from Springfield to Topsfield to Winchendon. We look forward to su...

In a highly competitive process among state and local jurisdictions across the country, Massachusetts was selected in 2009 to participate in the Windows of Opportunity initiative launched by the John D. and Catherine T. MacArthur Foundation.  This MacArthur initiative intended to address the need for innovative solutions to preserve the long-term affordability of thousand...

CEDAC staff attended an event on May 7th at the Worcester YWCA, where Lt. Governor Karyn Polito announced that the Baker-Polito Administration is awarding funding for the production and preservation of 147 new units of supportive housing in communities across Massachusetts. Lt. Governor Polito was joined by State Senators Harriette Chandler and Michael O. Moore, City Manag...

In late February, CEDAC attended the Baker-Polito Administration’s announcement of funding awards for nine projects that will support the creation of over 600 new rental units across the state, including nearly 400 units of affordable housing.  The administration has invested over $45 million directly and allocated over $22 million in state and federal low-income housin...

“Teamwork makes the dream work.” Mel King, legendary community activist and former state representative, invoked this phrase as he concluded his remarks at our 40th anniversary celebration on March 14th.  And Mel did not just speak these words, but rather inspired the audience to chant them together with him.  This phrase sums up his philosophy on community develo...

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...

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...