$41.4 Million to Boost Forest Products Industry in Oregon
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| News | |
|---|---|
| Image | 
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| Published | 2022-09-02 |
| Point(s) of Contact | Suzanne Bonamici |
| Organization(s) | Oregon Mass Timber Coalition Port of Portland |
| Where | Washington DC |
| Display | Yes |
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Today, President Biden will announce the Oregon Mass Timber Coalition as one of 21 winners of the $1 billion Build Back Better Regional Challenge, the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue Plan and administered by the U.S.
Department of Commerce’s Economic Development Administration (EDA), the Regional Challenge is awarding approximately $41.4 million in grants to the Oregon Mass Timber Coalition, led by the Port of Portland, to modernize and boost the forest products industry in Oregon.