| Financial Assistance Programs |
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| For business |
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A brief listing is shown here. For complete information visit our business site.
Oregon Business Development Fund (OBDF). . . loan fund works with banks to secure necessary funds. more information
Oregon Business Retention Program. . . designed to help private sector companies. Program provides multi-industry expertise in finance, marketing, operations, turnarounds, restructurings, feasibility studies, etc. more information
Oregon Capital Access Program (CAP). . . program helps lenders make more commercial loans to small businesses. more information
Oregon Credit Enhancement Fund (CEF). . . loan insurance tool that lenders can use to help businesses needing extra security to obtain financing. more information
Entrepreneurial Development Loan Fund (EDLF). . . initial, direct loan to help companies get started in Oregon. more information
Industrial Development Revenue Bonds/Express Bonds. . . designed to help Oregon manufacturers grow. These are tax-exempt bonds, issued by the state of Oregon. They provide long-term financing for land, buildings and equipment. more information
Local Revolving Loan Funds. . . funds available for small business financing. more information
Other programs
US Small Business Administration. . . 504 Loan Program and the US Small Business Administration 7(a) Loan Guarantee Program more information
Business Start-up Information: see small business
BUSINESS INCENTIVES & CREDITS
Construction-in-progress. . . exempts new commercial facilities from property taxes for a period of time. more information
Enterprise Zones
Information for communities
Standard enterprise zone exemptions. . . designed to encourage business investment in economically lagging areas of the state. more information
Long-term rural enterprise zone incentives
E-commerce enterprise zones. . . an enterprise zone enhanced designation. more information
Food processor exemption. . . processors of raw or fresh fruits, vegetables, legumes, nuts or seafood receive new machinery and equipment exemption from property taxes for five years. more information
Immediate Opportunity Fund. . . supports the location or retention of firms, revitalization of business or industrial centers, and certification of industrial sites in Oregon through the construction and improvement of highways, streets and roads. more information
Oregon Investment Advantage tax exemption. . . a new program that helps businesses start or locate in Oregon. more information
Strategic Investment Program (SIP). . . exempts a major portion of large capital investments (more than $100 million) from property taxes. more information
Vertical Housing Program. . . program encourages mixed-use commercial/residential developments in areas designated by communities through a partial property tax exemption. more information
Business Energy Tax Credit (BETC). . . investments in energy conservation, recycling, renewable resources and less-polluting transportation fuels. more information
Dependent care tax credit. . . two different credits available for employers. more information (PDF)
Federal/State worker-based tax credits. . . three incentive programs for business. more information
Pollution control tax credits. . . tax credit for facilities that prevent, reduce or control one of the following: air, water, noise pollution; solid waste, hazardous waste, used oil by recycling or providing for appropriate disposal. more information
Research tax credits. . . corporate tax credit for qualified research and basic research conducted in Oregon. more information (PDF)
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| For community development |
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Brownfields Redevelopment Fund. . . activities ranging from site assessment to cleanup for properties where known or suspected environmental contamination is a barrier to redevelopment. more information
Coalition Brownfields Cleanup Fund. . . assists private persons and local governments to cleanup a brownfields and ready for redevelopment. more information
Community Development Block Grants. . . construction and/or improvement of a wide variety of facilities and infrastructure that will primarily benefit low- and moderate-income persons; funding of microenterprise business programs. more information
Competitive Community Assistance. . . downtown redevelopment planning; strategic, economic and community development plans; other planning for economic development activities.
Marine Navigation Improvement Fund. . . provides the matching funds needed for a project that has received funding from the US Army Corps of Engineers; projects that directly support or provides access to a federally authorized navigation improvement project. more information
Port Revolving Fund. . . loans construction and/or improvement of facilities and infrastructure that promote maritime shipping, aviation and commercial activities of ports. more information
Port Planning & Marketing Fund. . . planning and marketing activities to improve a port's trade and commerce capacity. more information
Regional Investment Fund. . . locally controlled funds to help carry out a region's plan for economic and community development. more information
Safe Drinking Water Revolving Loan Fund. . . low-cost financing for construction and/or improvements of public and private water systems. more information
Special Public Works Fund. . . construction and/or improvement of infrastructure needed to support industrial, manufacturing and certain types of commercial development. more information
SPWF Emergency Projects as a result of a disaster. more information
Renewable Energy Feasibility Fund. . . established to encourage renewable energy projects that reduce Oregon's dependence on fossil-based energy sources and promote sustainable economic development. more information
Water/Wastewater Fund. . . construction and/or improvement of water and wastewater systems to meet state and federal standards. more information
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