Just thirty-four Oregon companies took venture capital investments last year, the lowest number since 2010. In similar fashion venture investment in Oregon slid 28 percent in 2016, to $186 million, the lowest number in 4 years.

The state hopes to move as quickly as possible on the cleanup, to protect peoples' health and support economic development of the harbor area, where the impending Superfund project has cast a dark cloud over future use of the land and held back businesses from expanding.

Oregon should work to ensure better return on investment and transparency in the $340 million a year in tax breaks and cash incentives it provides to businesses, a new audit from the Secretary of State's office concludes.

In November, The Oregon Community Foundation Board of Directors approved $154,000 in grants to Central Oregon nonprofits, including a $20,000 grant to Oregon Community Food System Network to deliver training, program coordination, and capacity-building support to a network of organizations to address farm and food issues statewide.

The property that now houses the Zidell barge business would be redeveloped to accommodate 2,600 residential units, 1.5 million square feet of office space, a grocery store, a retail anchor, restaurants, parking, a 200-room hotel, and three parks.

The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.

The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs.

The Council of Development Finance Agencies (CDFA) offers free technical assistance to State, Local, and Tribal brownfield financing efforts. CDFA and partners provide resources and expertise related to revolving loan funds, tax credits, tax increment finance and other effective financing tools. 

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