MACDC is grateful to the Baker administration and the Legislature for funding the Small Business Technical Assistance (SBTA) Program at $2 million in FY 2019 (line item 7002- 0040), and we are pleased that the Massachusetts House of Representatives voted to increase SBTA funding to $3 million in its budget approved in April – a proposed 50% Program increase for FY 2020.
At Our Core
MACDC is an association of mission-driven community development organizations dedicated to creating places of opportunity where ALL people can live with dignity while participating in and benefiting from our Commonwealth's economy.
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As a tool to increase and establish a diversified mix of funding sources for CDCs in Massachusetts, the CITC program is a great success. But that isn't a complete or satisfactory understanding of the CITC program's impact on our field. Through this report, MACDC explores the impacts of the CITC program in 2016, 2107, and 2018.
On April 22, the Massachusetts Division of Banks awarded $1.5 Million in grants for Foreclosure Counseling and First-Time Homebuyer Education through the 2019 Chapter 206 Awards. A total of 20 awards were made to 10 foreclosure prevention regional centers an
The results are in! MACDC just released its 2019 GOALs Report which documents the collective impact of CDCs across the Commonwealth. For the second consecutive year, CDC investment in their communities topped $800 Million. Through this investment, CDCs improved the communities they serve
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