Director of Economic Development Earns EDFP Certification

Last Updated on Jan 6, 2017 at 2:11pm | Garrett County Economic Development

On December 14, 2016, Alex McCoy, Director of the Garrett County Maryland Department of Economic Development, received certification as an Economic Development Finance Professional (EDFP) from the National Development Council (NDC). EDFP Certification is a professional credential given to individuals who successfully complete NDC’s intensive economic development finance training series. The training provides individuals working in the field of economic development with instruction in business credit analysis, real estate financing, loan packaging, deal structuring and negotiating, and the creation and implementation of development programs.

Each of the four EDFP Certification Program courses is five days in length and concludes with an exam. Upon successful completion of all four courses, the candidate is awarded EDFP Certification.

Alex joined the Garrett County team in April 2015. Before coming to Garrett County, Alex worked several years for economic development organizations in northeast Florida and South Georgia. Originally a native of Moultrie, Georgia, Alex is a graduate of Mercer University in Macon, Georgia where he received both his B.B.A. (’02) and M.B.A (’05). Alex married his beautiful wife, Mrs. Patricia McCoy of Mercer County, PA, in 2001.

“We would like to extend our congratulations to Alex on this hard-earned certification, this is a signification accomplishment” said Paul Edwards, Chairman of the Board of Garrett County Commissioners.

NDC’s work focuses on HOMES, JOBS, and COMMUNITY. Founded as a national nonprofit in 1969, NDC has worked for 46 years at fulfilling its mission to increase the flow of capital for investment in low-income communities. NDC directs capital to support the preservation and creation of affordable housing, the creation of jobs through training and small business lending, and the promotion of livable communities through investment in social infrastructure. NDC’s products and services are deployed for the benefit of our municipal and nonprofit partners in both urban and rural low-income communities.

NDC has provided training to over 70,000 professionals working in the fields of economic and housing development. Participants come from diverse backgrounds, including city and state governments, public agencies, community-based organizations, professional organizations, and banks.

NDC is headquartered in New York City with offices in Washington, DC, Seattle, WA, Cleveland, OH, and Edgewood, KY. For more information about NDC, please visit: www.ndconline.org/.