Recent Post Archives :: Business Financing
Federal Street Lofts Project Celebrates Grand Opening
October 24, 2019 – Developer Travis Dillard hosted a reception to celebrate the grand opening of the Federal Street Lofts Project on October 10th. Guests were invited in to see the new loft-style apartments, which boast historic charm along with all the expected high-end amenities. This includes stainless steel appliances, washer / dryers, quartz countertops, restored double-pane windows, vaulted ceilings, abundant storage and more. Located at the unofficial center of downtown on E 2nd and Federal Street in The Dalles, the Historic Honald Building was constructed in 1910 by the Walther-Williams Hardware Company. The 10,000 square foot first floor is the current home to local businesses but the second floor had been unoccupied since the 1930’s. Dillard secured construction financing through MCEDD and Columbia Bank to complete the project. You can read more about the project here. MCEDD offers flexible financing for housing development and housing rehabilitation in Hood River, Wasco and Sherman counties through the North Central Oregon Attainable Housing Development Revolving Loan Program. The fund is designed to spur development of housing at rates affordable to those who live and work in the region (generally 60-120% of median family income). MCEDD also has a Business Loan Program that is available to entrepreneurs, start up businesses and existing businesses doing business in the five county (Sherman, Hood River, Wasco, Klickitat and Skamania) Mid-Columbia Area. Both of these loan programs are part of MCEDD’s efforts to strengthen and support the region’s economy. Contact MCEDD at 541-296-2266 for more information on these MCEDD loan programs. [Continue Reading]- « Previous Page
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