Business Oregon is seeking applications to provide grants for capital improvement projects to county fairground facilities.
Donor Name: Business Oregon
State: Oregon
County: All Counties
Type of the Grant: Grant
Deadline: 06/03/2022
Details:
The first bond sale is anticipated in spring 2022 and will provide $5 million in available funding with the remaining $5 million in funding to come available with the next bond sale, anticipated in spring of 2023. The agency expects to award the first round of funds to eligible projects by late summer of 2022.
Eligible Uses
Projects funded with this money must comply with the below conditions:
- The project must be used for direct capital improvement project costs. Capital construction includes, but is not limited to:
- Construction, modification, replacement, repair, remodeling or renovation of a structure or addition to a structure.
- Acquisition of land, or a legal interest in land, in conjunction with the capital construction of a structure.
- Planning and design related activities may be eligible provided they are directly related to the capital construction activity (per ORS 310.140 (d)(A)(i-iv)).
- The improvements must provide the useful life of the asset for a minimum of 20 years.
- The ability to fully finish construction within the timeline of the project. If the funds from the grant do not cover the entirety of the construction, other funding sources for the project must be secured and available to ensure completion of the project.
For more information, visit County Fairgrounds Funding.