ED101 - Economic Development Finance

ED101 - Economic Development Finance

Curriculum

Log in to open an item. Log In

Description

Course Description:

Participants in ED101, the first course in the National Development Council’s Economic Development Finance Professional (EDFP) Certification Program, gain a solid understanding of both the basic tools and newest techniques used by successful economic development finance practitioners to assist small businesses and create jobs. This fully online version of the course explores economic development activities as part of a community’s overall economic development finance strategy and investigate the financing resources available for job creation projects.

Participants analyze and structure economic development projects for small and medium-sized businesses as well as commercial real estate developments utilizing incentive financing packages.

For public housing authority managers and program staff, this course can advance understanding and build skills in community economic development, improving supplier diversity and promoting resident entrepreneurship development.

Specific topics include economic development finance overview; financing gaps in the private capital markets; underwriting practices of private sector lenders; plugging financing gaps with economic development financing incentives; and, implementing financing programs through an economic development system.

Specific skills include: business credit analysis; financial statement spreading and analysis; quality indicators and ratio analysis; calculating debt service; fixed asset financing; measuring repayment ability; structuring incentive financing; basics of real estate finance; developer’s pro forma income and expense statement; measuring return on investment; calculating the financing gap; closing financing gaps using Economic Development Finance Programs including SBA 504 and 7(a), HUD CDBG and 108 Loan Guarantees, New Markets Tax Credits, revolving loan funds and interim financing. Duration: 20 Hours and 30 Minutes

Instructors:

The National Development Council (NDC).

Audience:

PHA Managers and interested employees

Learning Objectives:

  • Understand what economic development activities are available and be able to see how they fit into the overall economic development finance strategy
  • Learn about the financing resources available for job creation projects
  • Be able to analyze economic development projects for small and medium-sized businesses utilizing incentive financing packages
  • Improve skills in community economic development, improving supplier diversity and promoting resident entrepreneurship development.

Exam (administered after completion of coursework via NDC):

  • 1 attempt
  • 5-hour time limit
  • Passing score 70% or higher

You may contact NDC’s staff at any time with questions about the exam at: ED101instructor@ndconline.org

Pricing and Payment Options:

More like this

  • $1299.00