Business Oregon presents $1.5 billion infrastructure package, details on loans, grants and port funding

Ed Taber, infrastructure and program services director at Business Oregon, told the Transportation and Economic Development Subcommittee the governor—s recommended infrastructure package totals $1.5 billion and makes up roughly 74% of the agency—s $2.1 billion request.

Taber described 13 key funding programs administered through the Infrastructure Finance Authority (IFA), an independent nine‑member board that provides oversight for IFA capital programs. He said IFA programs provide loans, grants, project management and technical assistance for water and wastewater systems, ports, brownfields remediation and other projects that support economic development.

Nut graf: The briefing included requests to recapitalize several revolving funds and one‑time bond requests to address high demand across the state — particularly in rural communities — and to provide local match for federal dredging and flood‑control projects.

Taber outlined multiple policy option…