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Oregon Investment Board

Protecting and supporting the economy of the
Columbia River Gorge.

515 East 2nd Street The Dalles, Oregon 97058
(541) 296-2266
fax: (541) 296-3283


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The Oregon Investment Board (OIB) provides economic development loans and grants to projects benefiting Multnomah, Hood River, and Wasco, the Oregon counties lying in the Columbia River Gorge National Scenic Area.

  • Sustained Impact: To date, the Oregon Investment Board has received four appropriations totaling $4,001,750. The OIB has approved grants and loans (by utilizing revolved funds) totaling more than $8.2 million.
  • Public and Private Leveraging: The Oregon Investment Board has leveraged over $14.4 million private and more than $13.3 million in public funds.
  • Job Creation/Retention: Funds are provided through grants and loans to support infrastructure, business assistance, and workforce development to support job creation and retention. The OIB has provided funding to projects to directly create or retain over 500 jobs. The number of jobs created will continue to increase as the funds are revolved into new grants and loans.

Learn more about OIB investments through our Investment map page. Click here to access the site.

The OIB has a proven track record for job creation and investments that result in long-term economic impact. Project funding helps to strengthen and diversify the economy of the region.

Oregon Investment Board Open Position

The Oregon Investment Board is a seven member volunteer board appointed by the Governor of Oregon. The Oregon Investment Board (OIB) is responsible for the administration of the Oregon Development Plan within Multnomah, Hood River and Wasco counties in Oregon and is charged with policy direction, funding criteria and funding decisions for economic development loans and grants. Each member county is allowed two citizen members to serve on the OIB to represent their counties interest. Final appointment to the OIB is made by the Governor of Oregon.

Hood River County has one vacancy as of March 19, 2015, terms are 3 years. If you are interested in serving on the OIB representing Hood River County please contact the County Administration office at 541-386-3970 or pick up an application at 601 State Street, Hood River Oregon or see here for an electronic version of the application/interest form.

The Hood River County Board of Commissioners will interview all applicants and determine which applicant(s) should be forwarded to the Governor for final consideration.

Deadline for applications is March 26th.

Interviews to be held April 20, 2015.






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All contents of this site are copyright © 2010 MCEDD, unless otherwise noted. Contact MCEDD for more information:
515 East Second Street • The Dalles, OR 97058
 phone: (541) 296-2266 • fax: (541) 296-3283