This week the Children’s Investment Fund (CIF), an affiliate of the Community Economic Development Assistance Corporation (CEDAC), and the Massachusetts Department of Early Education and Care (EEC) announced changes to the funding available through the Early Education and Out of School Time (EEOST) Capital Fund. The three organizations announced that in FY21, the EEOS...

As a public private community development financial institution, CEDAC’s technical assistance focuses on understanding the interplay between project development and public policy.  CEDAC’s staff includes experienced practitioners in the areas of affordable housing production and preservation, and community facility development serving the early education sector.  We ...

This week, the Massachusetts Department of Early Education and Care (EEC) offers thanks to two state officials who have been extremely important to the creation and successful implementation of the Early Education and Out of School Time (EEOST) Capital Fund: Commissioner Tom Weber and Deputy Commissioner for Administration/Chief Financial Officer Bill Concannon. Bot...

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...

“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...

CEDAC is proud to celebrate 40 years of strengthening communities across the Commonwealth. We are thrilled to announce that we will honor former State Representative Mel King as we commemorate this anniversary this month. As a Massachusetts State Representative, Mel King sponsored legislation in 1978 which created CEDAC with a mission to support community-based developme...

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...

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...

Linda Cavaioli has made a career of empowering individuals on the margins.  As Executive Director of the YWCA of Central Massachusetts for the past 26 years, she’s made it her business to support women fleeing domestic violence (DV); deliver essential early care and education to young children so that parents can work or pursue education; and empower homeless women by p...

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 ...