Northwest Areas Foundation Considered for Bridge Loan
Oregon Tourism CommissionState · Portland, OR- Disclosed value
- Up to $1,500,000
- From report
- Document date
- Sep 14, 2026
- Renews
- Free account
The 30-second brief
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.
Northwest Areas Foundation holds this financial services contract with Oregon Tourism Commission.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $1,500,000
- Document date
- September 14, 2026
- 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
- Renews
- On record
- Vendor
- Northwest Areas Foundation
- Source document
- Oregon Tourism Commission Report 2026 Competitive Grant Update 2026-09-14 (Report)
More Oregon Tourism Commission contracts
Questions about this contract
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.
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