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Find similar grantsOregon Port Revolving Fund is sponsored by Business Oregon. Oregon Royalty Fund (ORF) Oregon Semiconductor and the CHIPS Act
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Business Oregon : Oregon Port Revolving Fund : Port Revolving Loan Fund : State of Oregon Translate this site into other Languages tag, as divs are not allowed in 's --> Oregon Port Revolving Fund Oregon Port Revolving Fund Oregon state law recognizes the important role of ports in economic development.
Business Oregon supports ports' economic development efforts by way of technical assistance, intergovernmental coordination and responsible investment. The Oregon Port Revolving Fund provides loan funding to assist ports in the planning and construction of facilities and infrastructure. Any port district incorporated under ORS Chapters 777 to 778 is eligible to apply.
The Oregon Port Revolving Fund provides loans to ports for planning and construction of facilities and infrastructure. Eligible expenses include: pre-project planning, engineering, acquisition, improvement, rehabilitation, construction, operation and maintenance. The project must be referenced in the port's strategic business plan.
Ports may finance a total amount of $3 million from the Fund. The interest rate on repayment will be set by Business Oregon at market rates, but not less than United States Treasury Notes of a similar term minus one percent. The loan term may not exceed the useful life of the contracted project or 25 years from the year of project completion, whichever is less.
Repayment begins no later than one year after the date of the loan contract. If the loan is provided for a flexible manufacturing space project, Business Oregon may determine that no interest shall accrue until the building is at least 25 percent occupied, or until three years after the date of the loan contract, whichever is earlier. What is the Application Process?
Applications are accepted year round. To begin the application process, ports should consult with their respective Regional Development Officer to learn more about the program, discuss their interest and receive assistance in filing the necessary application materials and $100 application fee. How to recognize an official Oregon website Only share sensitive information on official, secure websites.
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Based on current listing details, eligibility includes: See the Oregon grants portal for complete eligibility requirements. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates See Oregon state grant listing for funding details. Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
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