$41.4 Million to Boost Forest Products Industry in Oregon

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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
Press Release

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.