The National Development Council’s (NDC) Economic Development Finance Professional (EDFP) Certification Program™ is underway in Cleveland through a generous sponsorship from Greater Cleveland Partnership (GCP) and Cleveland Development Advisors (CDA).
GCP and CDA provided 25 scholarships to local economic development professionals and negotiated enrollment in the EDFP program at a reduced rate for 10 additional students.
Organizations across Northeast Ohio are represented in the first Cleveland cohort, including the Northeast Ohio Hispanic Center for Economic Development, Famicos Foundation, Asian Services In Action Inc., MidTown Cleveland, Lake County Ohio Port and Economic Development Authority, Cuyahoga County Department of Development, Detroit Shoreway Community Development Organization, Metro West Community Development, Federal Reserve Bank of Cleveland, Burten, Bell, Carr Development, Inc. and the cities of Beachwood, Brook Park, Cleveland, Cuyahoga Falls and Rocky River.
The class of 46 wrapped up their first week of instruction, ED101 – Economic Development Finance, on Friday, September 20.
“As community stakeholders work collectively to forge a path forward in Cleveland’s neighborhoods that supports prosperity and opportunity for all, we determined it was vital to offer our Community Development Corporations and other practitioners this valuable educational programming provided by The National Development Council,” said Cleveland Development Advisors president and GCP executive vice president Yvette M. Ittu.
Designed to build development finance capacity, EDFP Certification is geared toward professionals who want to grow their knowledge and learn the skills needed to make successful deals and translate them into results for their communities. The robust coursework includes four, five-day sessions covering topics ranging from business credit analysis and real estate finance to appraisals, deal structuring and syndication.
Since NDC’s establishment as a national nonprofit in 1969, they have trained more than 75,000 practitioners in what the organization calls “the art and science of economic and housing development finance.” Course instructors include community and economic development officials, bankers, developers, entrepreneurs and government agency leaders, all of whom bring real-world experience and acumen to the classes they teach.
In-person EDFP courses are also currently available in Los Angeles, Minneapolis and Philadelphia and an online program is offered as well.
Learn more about GCP’s work in economic development and find out more information about NDC’s Economic Development Finance Professional Certification Program™.