Posted by boston.com February 11, 2014 10:00 AM
Last week Senator Sal DiDomenico was honored by the Children’s Investment Fund and the Community Economic Development Assistance Corporation for his work with the new Early Education and Out of School Time Capital Fund. The event was held at the offices of the Blue Cross Blue Shield of Massachusetts (at the Landmark Center in Boston) on Feb 4th.
The Children’s Investment Fund provides loan and grant financing, technical assistance, and training to non-profit early childhood (ECE) and out-of-school time (OST) programs planning capital improvements.
The Fund is affiliated with CEDAC, a quasi-public, community development finance institution that provides technical assistance, pre-development lending and consulting services to non-profit organizations involved in housing development, workforce development, neighborhood economic development and capital improvement to child care facilities.
CEDAC is - active in national housing preservation policy research and development and is widely recognized as a leader in the non-profit community development industry. For additional information on CEDAC and its current projects, please visit www.cedac.org.