Suzanne Bonamici (D-OR01)

Tax Staffer: Emily Hopkins, emily.hopkins@mail.house.gov.

District Highlights (Through 2023)

38 projects
363,620,580 in NMTC allocation
823,895,857 total project financing
2,690 FTE jobs created or retained
5,751 construction jobs created
9 manufacturing businesses
2 federally qualified health centers

38

projects

$363,620,580

NMTC Allocation

$823,895,857

in total project financing

2,690

FTE jobs

5,751

construction jobs

2

federally qualified health centers

9

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

The Redd on Salmon Street

Portland,
OR
(2015)

Business Development, Historic Rehabilitation, Warehouse and Wholesale

CDE(s): Capital One, Ecotrust

NMTC financing supported a food hub that provides warehousing, storage, distribution, logistics, processing, and business development support to local food business and producers, as well as event space for rent

Pacific Northwest College of Art

Portland,
OR
(2015)

Arts, Community, Historic Rehabilitation, Homeless Services, Theaters and Performing Arts Spaces

CDE(s): National Trust Community Investment Corporation

The Pacific Northwest College of Art is a spectacular 130,000 sq. ft. rehabilitation of former U.S. Post Office in downtown Portland, OR.

Olympic Mills Commerce Center

Portland,
OR
(2006)

Historic Rehabilitation, Historic Tax Credit, Manufacturing, Office, Retail, Retail and Commercial

CDE(s): National Trust Community Investment Corporation

Renovation of the historic BandO Warehouse in 2007, transforming this full city-block grain repository into a dynamic hive of creative office and ground floor retail spaces.

Astoria Co-Op

Astoria,
OR
(2018)

Co-ops, Grocery and Fresh Food, HFFI, Retail, Retail and Commercial, Rural

CDE(s): Local Initiatives Support Corporation

Provided $3,000,000 construction loan to build shell for a co-op grocery store in Astoria, Oregon.

Chaucer Foods Forest Grove

Forest Grove,
OR
(2013)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Stonehenge Community Development

An Oregon-based supplier to major food producers around the world opened a new freeze-dried food processing facility in Forest Grove that created 73 jobs.

The Civic on West Burnside

Portland,
OR
(2005)

Affordable Housing, Community, Historic Rehabilitation, Historic Tax Credit, Housing, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial, Transit Oriented Development

CDE(s): Catalyst Investment Fund, Grow America

The innovative public/private partnership produced a unique mixed-use development that provided affordable for-rent housing, market-rate condominiums, retail space, and parking.

Smiths Block

Portland,
OR
(2006)

Business Development, Office, Retail

CDE(s): United Fund Advisors

A cast-iron era treasure is preserved in Portland’s historic waterfront district.

Portland Telegram

Portland,
OR
(2004)

Historic Rehabilitation, Historic Tax Credit, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial

CDE(s): National Trust Community Investment Corporation

Restoration of the Portland Telegram building

Oregon College of Oriental Medicine

Portland,
OR
(2011)

Adult Education, Business Development, College or Vocational Training, Community, Healthcare, Higher Education, Hotels and Tourism

CDE(s): Grow America, Lowe Economic Development Company

The renovation of the historic Globe Hotel building (1911) into a new home for OCOM, one of the oldest colleges of Acupuncture and Oriental Medicine in the U.S.

12W

Portland,
OR
(2006)

Mixed-use, Office, Retail, Retail and Commercial

CDE(s): United Fund Advisors

Catalytic mixed-use building links Portland’s Central Business District with its vibrant Pearl District.

The Armory – Gerding Theater

Portland,
OR
(2004)

Arts, Community, Historic Rehabilitation, Theaters and Performing Arts Spaces

CDE(s): Catalyst Investment Fund, GS New Markets Fund

A broad coalition of project partners envisioned a historic rehabilitation of the unique building as a world class theater and community space, designed to achieve the US Green Building Council's

Projects Nearby the District

Portland, OR (2014)

Albina Head Start