Garrett director earns professional certification

OAKLAND — Alex McCoy, director of the Garrett County Department of Economic Development, has received certification as an economic development finance professional from the National Development Council.

The professional credential is 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.

McCoy joined the Garrett County team in April 2015. He had worked several years for economic development organizations in northeast Florida and South Georgia. A native of Moultrie, Georgia, he is a graduate of Mercer University in Macon, Georgia, where he received both his bachelor of arts and master in business administration degrees.

McCoy and his wife, Patricia, of Mercer County, Pennsylvania, were married in 2001.

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

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 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.

For more information, click here.

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Jay Ferguson

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