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CDFA Oregon Financing Roundtable Newsletter - August 2017
August 16, 2017
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CDFA Oregon Financing Roundtable Newsletter

Feature

Gov Brown Announces Suite of OR Business Development Investments
Governor Kate Brown has announced a package of business development investments from Business Oregon's Strategic Reserve Fund. The diverse projects include investments in small business growth, rural broadband development, and entrepreneurship support among others.

New Funding Sources Sought for OR Affordable Housing
Locally, about half of the Housing and Community Services Agency's 1,628 public housing units were developed with direct funding from the U.S. Department of Housing and Urban Development. And the rest were built with the help of federal low-income housing tax credits, but the funding source has been eroding of late.

OR Announces More Than $17M for Affordable Housing
The state of Oregon has announced more than $17 million in funding available for the construction, acquisition or rehabilitation of new multifamily rental housing units that serve low-income veterans struggling with financial or mental health crises.

Portland, OR Considers Incentive Program for Polluted Properties
Participating businesses would receive a tax credit worth 50% of the cleanup cost. The program also includes incentives for so-called secondary benefits such as affordable housing or equitable contracting. Businesses would receive an additional 25% credit for each secondary benefit — up to 100% of the cleanup costs.

Newberg-Dundee Bypass Receives $22M From OR Legislature
As part of its $5.3 billion transportation package, the Legislature has allocated about $22 million to start designing Phase II of the bypass, which will go from Rex Hill and connect with Phase I at Highway 219, according to Lou Torres, a spokesman with the Oregon Department of Transportation.

HB 2012 Provides $5 for Economic Development in Eastern OR
The Oregon Legislature's recently passed House Bill 2012 provides $5 million for a special economic development region in Eastern Oregon designed to help businesses there compete on a more level playing field with their Idaho counterparts.

Upcoming Events

CDFA Brownfields Financing Webinar: Hazardous to Healthy: Financing Solutions for Recovering Brownfields
August 31, 2017 - 2:00 - 3:30 PM Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

Oregon News

Craft 3 Expands in Southern OR
Herald and News | Jul. 20 | Economic Development


Sponsors

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
info@cdfa.net


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CDFA National Sponsors

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  • BNY Mellon
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  • Bryan Cave LLP
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  • CohnReznick
  • FBT Project Finance Advisors LLC
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  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • Miles & Stockbridge P.C.
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
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  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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