On June 20, 2008, Nancy Larsen of Southeast Enterprise Facilitation Project (SEFP) received certification as an Economic Development Finance Professional (EDFP) from the National Development Council (NDC). Certification is a designation given to individuals who successfully complete an intensive economic development finance training series that is conducted by NDC. The courses provide individuals working in the field of economic development with training in credit analysis, real estate financing, loan packaging, deal structuring and negotiating and the creation and implementation of development programs.
Each of the four courses are five days in length and end with a written review that must be passed before a certification candidate is allowed to continue in the EDFP program. When a candidate has completed the entire four-week series, a comprehensive examination is given.
The New York based National Development Council was established in 1972 and is a private non-profit corporation, which specializes, in economic/housing development training and technical assistance for economic/housing development. NDC has provided training to approximately 50,000 development people working in the field of economic and housing development. Participants come from many diverse groups: city and state governments, public agencies, community-based organizations, professional organizations, bankers, etc.
The picture above shows 21 of the 43 graduates who attended the Citibank hosted graduation luncheon August 6, 2008.
The graduates are from every part of South Dakota from many government agencies, tribes and other organizations like SEFP.