Welcome
Community Development & Mortgage Alliance Corporation ("CD-MAC") is a federally chartered 501(c)3 non-profit organization headquartered in Centerville, Massachusetts.
The goal of CD-MAC is to help families achieve the dream of homeownership. CD-MAC assists its members in obtaining affordable family and retirement housing and works with the community and employers to assist with job creation and training.
CD-MAC accomplishes this goal by providing downpayment assistance money to qualified member families for home purchases. These funds bridge the gap between the amount the family can borrow with a traditional mortgage and the price of the home.
CD-MAC operates a non-profit Housing Trust Fund, taking in funds from developers, employers, communities, foundations and other charitable organizations, and then using these funds to provide downpayment assistance to qualified member families.
To generate funds for its Housing Trust Fund, CD-MAC works with land owners and the local community to identify land development opportunities, and then works with communities and private developers to gain development approvals and structure transactions that maximize benefit to the community, minimize impact, and generate funds that can be used for affordable workforce housing within the community.
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