Company Information

Get to know Community Economic Development Assistance Corporation (CEDAC)

Founded in 1978, the Community Economic Development Assistance Corporation (CEDAC) is a quasi-public agency in Massachusetts that acts as a key financial and technical resource for community-based non-profit organizations. As a Community Development Finance Institution (CDFI), CEDAC's mission is to foster strong communities by providing early-stage financing, technical assistance, and policy leadership, primarily for the development and preservation of affordable housing, as well as the creation and expansion of child care facilities. It collaborates with a wide range of partners to help non-profits navigate complex development projects from conception to completion, ultimately strengthening the social and economic fabric of the Commonwealth.

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Community Economic Development Assistance Corporation (CEDAC)

United States

Founded in

1978 (48 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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