Serving the Mid-Columbia region of Oregon and Washington, providing regional economic development and business assistance.Mid–Columbia Economic Development District

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Mid Columbia Economic Development District strives to promote the creation of family-wage jobs, the diversification of the economic base, and the growth, development and retention of business and industry in Hood River, Wasco, Sherman, Klickitat and Skamania Counties

MCEDD is organized as a government non-profit in Oregon as an ORS-190 and in Washington through RCW 39.34.010.

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  • Financing
    • Business Loans
      MCEDD provides loans to businesses and individuals. Our financing can help you start, grow and expand your business.
    • Housing Loans
      MCEDD offers a fund specifically to encourage the development of attainable housing in our three Oregon counties.
    • Oregon Investment Board
      The Investment Board provides financing in the National Scenic Area for small and growing businesses, nonprofits and economic development activities.
    • Mt Hood Economic Alliance
      A source of gap financing loans for businesses in Clackamas, Hood River and Wasco Counties.
    • Incentives
      Resources to help your business prosper. From training to relocation incentives, explore how your business may qualify.
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      Businesses are growing and expanding in the Gorge with support from our financing programs. See how we measure up in supporting local businesses!
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    • 2022-27 CEDS
      Every five years the region develops the comprehensive economic development strategy (CEDS) as a guide to understanding the regional economy and crafting goals, strategies and actions to create jobs, raise income levels, diversify the economy, and improve the quality of life.
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      Facts and figures on the regional economy. Data on where we are thriving and where we still have work to do.
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      In addition to initiatives and action plans, we also prioritize regionally significant infrastructure projects. See regional priorities and the status of development.
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      MCEDD provides county economic development, grant writing services, infrastructure project administration and planning.
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      To support businesses create and retain jobs, MCEDD provides loans for the financing needs of businesses with favorable rates, terms and requirements.
    • Industry Sectors
      MCEDD has been a leader in the development of industry clusters including arts, wine, high tech, renewable energy, healthcare, & more.
    • Infrastructure
      MCEDD prioritizes regional infrastructure project and supports development of strong communities to support growing businesses. From broadband to transportation to water/ wastewater projects, learn more about regional activities.
      • Cover of the Hood River Energy Plan
      • Special Projects
        MCEDD supports a variety of special projects that align with the regional economic development strategy. Learn more about one of those projects: The Hood River Energy Plan.
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    Home   ::   Financing   ::   Oregon Investment Board

    Oregon Investment Board

    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. The fund is managed by MCEDD with oversight from the OIB Board of Directors.

     

     

    Impact

    Learn about OIB investments through our Investment map page: Click here to access the Investment Map

    • Sustained Impact: To date, the Oregon Investment Board has received four appropriations totaling approximately $4 million. The OIB has approved grants and loans (by utilizing revolved funds) totaling more than $9.5 million.
    • Public and Private Leveraging: The Oregon Investment Board has leveraged over $15.2 million in private funds 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 nearly 700 jobs.

     

    Program

    The majority of the funds allocated for economic development are designated for business loans and investments, community development, and infrastructure.

    Application

    Our staff works closely with applicants to make sure the project matches the program goals and guidelines. When you think you are ready to write an application, please contact us at 541-296-2266 to discuss the project and potential application or complete the pre-application below and send it to our loan program staff here.

    Business Loan Pre-Application

    Supporting Documents Reference List

    • About OIB
    • OIB Board of Directors
    • OIB Meetings
    • Funding Criteria
    • Apply
    • Stories and Impact
    • Contact OIB

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    MCEDD

    802 Chenowith Loop Rd,
    The Dalles, OR 97058
    Phone: (541) 296-2266

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