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CDFA Oregon Financing Roundtable Newsletter - May 2017
May 17, 2017
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CDFA Oregon Financing Roundtable Newsletter


OR Lawmakers Consider New Corporate Tax Plan
Effects of a proposed new corporate tax on Oregon's economy could be minimal but mostly positive, an analysis by the Legislative Revenue Office found. If enacted at the level Warner described the changes would raise $637 million of net revenue for the state in the next budget cycle.

WI, OR Scrambling to Find Road Funding
Wisconsin and Oregon are the latest states scrambling to fund road and bridge projects while federal funding stagnates and gasoline tax revenues fail to keep pace with state needs.

Oregon Timber Counties Struggle as Federal Support Dries Up
So much timber money once flowed into this rural Oregon county that its leaders set up committees to find ways to spend it. Nearly 30 years after environmental protections slashed logging in federal forests, Oregon counties like this one that thrived on timber revenues for decades are struggling to provide basic services.

OR's Senator Wyden Proposes ‘Clean Energy for America' Tax Credits
Ron Wyden and his colleagues introduced a Clean Energy for America Act on May 5 that includes technology-neutral tax credits for domestic production of clean electricity and clean transportation fuel, as well as performance-based tax incentives for energy-efficient homes and office buildings.

State Historic Tax Credit is Crucial for Rural OR
In Oregon to date, the federal tax credit has helped jump-start 232 projects since 1981 totalling $1.1 billion in estimated project costs and more than $216 million in tax credits.  Nationally, the program has helped rehabilitate 41,270 buildings and created 2.3 million jobs, according to the National Trust for Historic Preservation.

OR Gives $154M to Schools to Prepare for Earthquake
Oregon is giving $153.6 million in grant funds to 100 schools and 47 emergency services to help lessen the devastation an earthquake, expected sometime in the next 50 years, is predicted to cause. Oregon's largest school district, Portland Public Schools, snared $4.5 million.

Upcoming Events

Best of the Best Guidance on NMTC Applications
May 24, 2017 - 1:00 PM - 2:30 PM Eastern
This year's allocation of New Markets Tax Credits is now open for applications, and CDFA is here to help guide you through the process before the June 21st deadline. Tune into this webinar to hear a panel of expert speakers discuss the tips and tricks that they have learned through many years of working with this program.

Intro Food Systems Finance WebCourse
June 7 - 8, 2017 - Daily: 12:00 - 5:00 PM Eastern
The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

Oregon News

Women's Health Startup Wins Big at Angel OR
Portland Business Journal | Apr. 28 | Innovation Finance

VW Taps Portland and Seattle for Electric-Vehicle Charging Investment
Portland Business Journal | Apr. 26 | Economic Development | Infrastructure Finance


State Partner

Business Oregon Oregon Economic Development Association

For information about sponsoring the CDFA Oregon Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.

Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300

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CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
  • Grant Thornton LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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