CEDAC 40th Anniversary Celebration: Honoring Mel King
CEDAC to Honor Legendary Community Organizer and Innovator, MIT Professor, and Former State Representative Mel King at 40th Anniversary Celebration
CEDAC and Children’s Investment Fund Also to Present Mav Pardee Award to Judy Cody of Beverly Children’s Learning Center
BOSTON (February 26, 2019) –The Community Economic Development Assistance Corporation (CEDAC) is announcing today that it will honor former State Representative Mel King at its 40th anniversary celebration, which will be held on March 14. King, a legendary community organizer, introduced the state legislation that created CEDAC in 1978. CEDAC is a community development financial institution that provides early stage financing and technical assistance to community-based and other non-profit organizations engaged in effective community development in Massachusetts.
“Mel King is a renowned leader and innovator when it comes to community development, not only here in Massachusetts but also nationally. Massachusetts has evolved into a national model of community development, in large part because of the institutional infrastructure that Mel helped to create as an elected official and community activist,” said Roger Herzog, CEDAC’s executive director. “CEDAC is honored to have the opportunity to celebrate his contributions as we mark our 40th anniversary.”
As a state representative, King sponsored the legislation that was signed by Governor Michael Dukakis and led to CEDAC’s creation in 1978. The idea for a public/private agency that provides technical expertise to non-profit community development organizations was first discussed in weekly sessions that King used to host while teaching at the Massachusetts Institute of Technology (MIT) and leading the Community Fellows Program there. In recognition of this connection, CEDAC’s 40-year celebration event will be held at MIT’s Samberg Conference Center.
CEDAC is a Massachusetts community development financial institution that provides predevelopment and acquisition lending along with technical expertise for community-based and other non-profit organizations engaged in effective community development in Massachusetts. CEDAC’s work supports two key building blocks of community development: affordable housing and early care and education. CEDAC is also active in state and 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.