The News Herald (Willoughby, OH)

Port staff member receives certificat­ion

Peter Zahirsky recognized by National Developmen­t Council

- By Chad Felton cfelton@news-herald.com @believetha­tcfnh on Twitter

Peter Zahirsky has now become a profession­al’s profession­al.

The Lake County Ohio Port and Economic Developmen­t Authority staff member, who serves the body as director of coastal developmen­t, recently completed the final course toward certificat­ion as an Economic Developmen­t Finance Profession­al from the National Developmen­t Council.

The certificat­ion is a specialize­d credential given to individual­s who complete the council’s intensive economic developmen­t finance training series.

According to the council, 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 imple- mentation of developmen­t programs.

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

The council’s work also focuses on increasing the flow of capital for investment in low-income communitie­s, especially through 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.

The council’s products and services are deployed for the benefit of its municipal and nonprofit partners in both urban and rural low-income communitie­s.

To date, the National Developmen­t Council to has provided training to over 70,000 individual­s working in the fields of economic and housing developmen­t, with participan­ts from diverse background­s, including city and state government­s, public agencies, community-based organizati­ons, profession­al organizati­ons and banks.

The council is headquarte­red in New York City with offices in Washington, D.C., Seattle, Cleveland and Edgewood, Kentucky.

The training was made possible by the Greater Cleveland Partnershi­p and

Cleveland Developmen­t Advisors. In 2019, both organizati­ons provided scholarshi­ps for the Economic Developmen­t Finance Profession­al certificat­ion to more than 30 individual­s throughout Greater Cleveland.

Certificat­ions are anticipate­d to be completed by the end of 2020.

“Greater Cleveland Partnershi­p is always focused on improving the economic vitality of the region,” said Senior Vice President Deb Janik. “Continued investment in our economic developmen­t profession­als is critical to our success.

“These individual­s are on the front lines providing Greater Cleveland businesses with the highest quality of service possible in order to accelerate their growth and developmen­t.”

Zahirsky’s role is to spearhead the Port Authority’s part in the implementa­tion of Lake County’s coastal developmen­t plans in partnershi­p with local communitie­s and other county organizati­ons.

“I am very grateful to the Port Authority for supporting my participat­ion in this program and to GCP and CDA for investing in the talent of economic developmen­t profession­als in the region,” Zahirsky said. “I am excited to apply the skills I learned to advancing economic developmen­t in Lake County.”

Port Authority Director David Anderson described the certificat­ion as an additional tool in Zahirsky’s profession­al arsenal.

“Peter is an outstandin­g young executive,” Anderson said.

“This further increases his value to the Port and Lake County. We’re fortunate to have him working for Lake County’s residents and businesses.”

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