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Restore Oregon, formerly the Historic Preservation League of Oregon, is calling for a historic preservation tax program to help save Oregon's at-risk buildings. A State Rehabilitation Tax Credit would help fill the gap between private and federal funding available for redevelopment and would spark economic development and jobs, Restore Oregon said in a report, which is included in this newsletter.

Talks surfaced again of reviving a multimillion-dollar manufacturing tax incentive that state officials say is key to attracting businesses to Oregon. The House Revenue Committee heard a concept of a bill that would reform Oregon's manufacturing Business Energy Tax Credits, which targets renewable energy companies such as SolarWorld and SoloPower and rooted the Oregon's green manufacturing sector.

The Bond Buyer reports that states will be allowed to issue 5.2% more of private activity bonds in 2014, freeing money for projects that would otherwise be ineligible for tax-exempt financing. Included are graphics demonstrating the volume cap changes from 2013 to 2014 by state.

Interested in bringing your organization to the forefront of hundreds of economic development finance professionals in the state? Consider sponsoring the CDFA Oregon Financing Roundtable in 2014.

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The purpose of Business Oregon's Brownfields Program is to assist individuals, non-profit organizations and local governments with financing to evaluate, cleanup and redevelop brownfields through two brownfields financing programs: the Oregon Brownfields Redevelopment Fund and the Oregon Coalition Brownfields Cleanup Fund.

Following in the footsteps of 34 other states who have successfully enacted tax credit programs for historic structure rehabilitation, Restore Oregon presents this information on how adding such a program to Oregon's toolkit would spur new investment in the state's vital existing resources.

The Center for Neighborhood Technology put out this report on the growing effort among planners, real estate professionals, and economists to identify not only the economic benefits of alternative transportation modes in and of themselves, but also the impact that they have on housing prices and value retention. The real estate mantra of "location, location, location" is more important than ever.

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