The annual report for the Columbia River Gorge Oregon Investment Board is now available here. With approximately $450,000 in financing provided this year, the cumulative impacts of the programs are substantial.
Sustained Impact: From a $4 million allocation, the Board has approved grants and loans (utilizing revolved funds) totaling more than $9.2 million.
Leveraging:The Board has leveraged over $14.7 million in private funds and more than $13.3 million in public funds.
Employment: Funds are provided through grants and loans to support infrastructure, business assistance, and workforce development to support job creation and retention. The Board has provided funding to projects to directly create or retain nearly 700 jobs.