Oregon Facilities Authority

The Oregon Facilities Authority (OFA) helps charities of all sizes secure low-cost financing to remodel, expand, construct, or purchase new facilities, through the use of tax-exempt conduit revenue bonds. OFA Bonds can also be used to refinance existing debt previously incurred for such purposes. When nonprofits save on borrowing costs, they can devote more money toward their core missions–serving the citizens of Oregon.

The OFA was created in 1989 and is empowered to issue bonds that assist with the financing of property and facilities for health, housing, educational and cultural uses. The Authority reviews proposed projects and makes recommendations to the State Treasurer about the issuance of bonds.

In addition to OFA’s traditional bond program, the Authority offers a streamlined program for simple (and generally smaller) transactions, called the “SNAP Bond Program”.

For more information, please feel free to call the OFA Executive Director, Gwendolyn Griffith at 503-802-5710.