Following the completion of curriculum spanning two weeks of class and exam time, Assistant City Manager Justin Pregont has earned the Historic Real Estate Development Finance Professional (HREDFP) Certification through the National Development Council (NDC).
The Historic Real Estate Finance Professional Certification puts participants through a rigorous and comprehensive training series designed for economic development practitioners working in the field of historic preservation and economic, housing and community development.
Coursework focused on real estate deal structuring and the techniques needed to influence the development process. Participants in the course were taught a thorough understanding of real estate and development financial transactions from the perspective of the key players – lenders, developers, investors, city governments, etc. including how to optimize the use of Historic Tax Credits and other gap financing programs.
NDC training courses are intense and rigorous—with as many hours as an average college course—plus homework and two multi-hour exams. Students work through real case studies, analyzing and structuring them to reach real solutions. The training provides professionals with essential skills and knowledge in historic real estate development finance, including problem solving and deal structuring.
“This is the most valuable professional development coursework that I’ve ever attended,” said Justin Pregont. “We know that Atchison is blessed with many historic buildings and we also know that our community wants to grow and see more development. The knowledge and skills I’ve learned from NDC have already been put to good use in our community.”
Local property owners, potential developers, and small businesses, especially those holding or considering a historic building for a real estate or business development project are highly encouraged to contact Justin at (913) 367-5506 or justinp@cityofatchison.com.