Posted On On: October 1, 2015 Categories Filed Under: Chamber News

HARRISBURG, PA (September 24, 2015) – On September 1, 2015, Melissa McLaughlin, Director of Business Finance with Capital Region Economic Development Corporation (CREDC) received certification as an Economic Development Finance Professional (EDFP) from the National Development Council (NDC).  The certification is a designation given to individuals who successfully complete an intensive economic development finance training series that is conducted by NDC.  The courses cover 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.

Melissa serves in a leadership role within the organization involved in all areas of economic development activities and oversees all aspects of CREDC’s business financing programs.  CREDC provides state and federal low interest loan programs to eligible businesses that are making a strong economic or community development impact in Cumberland, Dauphin and Perry counties.

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 Capital Region Economic Development Corporation is the economic development arm of the Harrisburg Regional Chamber and is the leading organization for promoting and performing economic development activities in Cumberland, Dauphin and Perry counties.  The group offers a variety of programs and resources to help attract, retain and expand business in the region. CREDC is approved as a Certified Economic Development Organization by the PA Department of Community and Economic Development to conduct lending and other economic development activities in Cumberland, Dauphin, and Perry counties.
The Harrisburg Regional Chamber & CREDC serves as a catalyst for promoting growth and quality of life in Cumberland, Dauphin and Perry Counties by providing a unique blend of business, community and economic development and advocacy services under one roof to boost our economic vitality and livability as a region. The Chamber & CREDC has been accredited with five stars from the United States Chamber of Commerce.