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.

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.

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.

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.

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.

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.

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.

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.

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