The U.S. Department of Agriculture (USDA) Rural Development is awarding nearly $2.1 million in loans and grants to rural Oregon emergency response agencies for new facilities and equipment. Funding provided through USDA's Community Facilities Program can be used to construct or renovate community facilities that provide essential services in rural areas, as well as to purchase equipment.

One of the historical buildings at Oregon State Hospital's mostly vacant north campus could soon become affordable housing. The Housing Authority of Salem has reached a conditional sales agreement with the state to buy Yaquina Hall and convert it into up to 50 apartments. The housing authority plans to use federal low-income tax credits and historic tax credits to finance renovation and construction of the building.

In the wake of Donald Trump's election victory, renewable energy businesses and backers in Oregon were both uncertain and worried — and taking some comfort in being in a region doing a lot to support a clean energy transition on its own.

The U.S. Department of Agriculture (USDA) Rural Development is providing nearly $1.7 million to rural Oregon farmers, ranchers, small businesses, and entrepreneurs to help them develop new product lines. These awards are part of a national announcement of $45 million in investments in 325 projects through USDA's Value Added Producer Grant (VAPG) Program.

About $1 billion worth of tax credits were issued to scores of wind, solar and other renewable energy projects, and more than $300 million worth of credits have been called into question after auditors labeled scores of projects "suspicious" or "concerning."

Some of the biggest names in Oregon's renewable energy and forest products industries landed on a list of suspicious state giveaways during an investigative audit of Oregon's Business Energy Tax Credit Program.

Join the CDFA Oregon Financing Roundtable for the fourth annual conference on November 17, 2016. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Oregon economy. Register today to reserve your spot at the 2016 CDFA Oregon Financing Roundtable Conference.

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