Northwest Areas Foundation Considered for Bridge Loan

Warm Springs Community Action Team plans to borrow up to $1.5 million from Northwest Areas Foundation for short-term construction bridge financing. The financing would cover project startup in spring 2027 before anticipated state lottery bond proceeds are available and would carry an estimated 1%-4% interest rate.

Document date · September 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Up to $1,500,000

Contract type

FINANCIAL_SERVICES

Contract term

Short-term bridge loan anticipated for approximately 4-6 months, beginning before spring 2027 construction and ending after expected May 2027 lottery bond proceeds become available

Renewal date

2027-05-31

Renewal

Short-term bridge financing; no renewal option stated.

Document type

Report

Source document

Oregon Tourism Commission Report 2026 Competitive Grant Update 2026-09-14

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Oregon Tourism Commission?

Northwest Areas Foundation was awarded this financial services contract by Oregon Tourism Commission, as recorded on September 14, 2026. The contract value is Up to $1,500,000.

How much is the Northwest Areas Foundation contract with Oregon Tourism Commission worth?

The Northwest Areas Foundation contract with Oregon Tourism Commission is valued at Up to $1,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Oregon Tourism Commission Report 2026 Competitive Grant Update 2026-09-14 (Report), dated September 14, 2026 from Oregon Tourism Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northwest Areas Foundation hold?

Northwest Areas Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Northwest Areas Foundation's profile

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