HCDC Announces New President/CEO

Led for 35 years by former President/CEO David Main, HCDC, a private not-for-profit economic development company with a public purpose to help job-creating small businesses grow, is now under new leadership.

HCDC announced in March that the only leader HCDC has had in its 35-year history would be retiring and announced that Peg Moertl as Main’s successor in the organization.

Having recently served as the operations manager for PNC Community Development Banking and guiding her team in making loans and investments, grants, and sponsorships in low-to-moderate income neighborhoods, along with increasing small business lending using creative bank-community partnerships, Moertl comes from a rich background in community development within the Greater Cincinnati area.

Peg has also served as the chair of the Greater Cincinnati and Northern Kentucky Local Advisory Council (LISC), as well as a board member for the Greater Ohio Policy Center. Both groups focus on enhancing and revitalizing urban and regional community involvement and inclusion efforts.

She has also held leadership in several other community development and human services agencies throughout the area including the Urban League, Cincinnati Development Fund, Urban Land Institute, Cincinnati Center City Development Corporation, and Strategies to End Homelessness.

Main started HCDC in 1983 and later developed the Hamilton County Business Center, a small business incubator. In 1992, he also organized the Hamilton County Economic Development Office that is also administered by HCDC. In 2017, he was named a finalist in the 2017 Cincinnati Business Courier C-Suite Awards.

Prior to founding HCDC, Main was an economic development professional with CityWide Development Corporation in Dayton, Ohio, served as legal advisor for the Department of Community Development in Rockford, Illinois, and commenced his economic/small business development career as the first Economic Development Coordinator for the City of Xenia.

Taking over the reigns as of April 1st, Moertl was a lead candidate for the position based on her role in her bank team, previous experience in community development, and experience running a non-profit organization.

A Cincinnati native, she has worked for over 35 years in multiple facets of community development in the area and has received several marks of recognition for her work in the community including YWCA Career Woman of Achievement, Cincinnati Leading Woman, Cincinnati Human Relations Champion Connecting Cultures and Communities, a Community Action Agency Community Bridge Builder, Center of Holocaust & Humanity Education Decade of Diversity award winner, and a Fannie Mae Fellow and graduate of the Program for Senior Executives in State and Local Government at Harvard’s JFK School.

HCDC offers services from startup business coaching and economic/community development to a 504 loan program. For more information about the organization and what it can do for your business, visit their Facebook page.

HCDC, Inc.helps build businesses and promote job creation in three ways: Business Incubation, Business Lending, and Economic Development services. Born out of a need to create jobs to counter a shrinking manufacturing sector, HCDC has nurtured over 300 resident companies, financed over $1 Billion in projects, and has helped attract and create tens of thousands of local jobs in southwest Ohio.

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Erin Pierce is a contributing writer for Soapbox, and a recent graduate of Northern Kentucky University.