Based in Boston, the Community Economic Development Assistance Corporation (CEDAC) is a quasi-public community development finance institution that provides financial resources and technical assistance to Massachusetts nonprofit community development organizations in support of affordable housing, workforce development, childcare, and education. In 2016, it provided over $15 million in predevelopment, acquisition, and bridge lending to area nonprofits. Since its establishment in 1978, CEDAC’s work is credited with stimulating the production or preservation of 45,000 housing units and producing more than 16,240 units of supportive housing.
coordinates:
POINT (-71.0588801 42.3600825)