Funds Directory › Regional Rural Revitalization (R3) Strategies

Regional Rural Revitalization (R3) Strategies

Oregon intergovernmental partnership of small rural cities (under 50,000 pop.) creating rural workforce housing through public-private partnerships. Backed by $13M in state appropriations + $1.5M in federal funding. Specializes in tax-incentive financing, land use, and complex real estate development including Joint Development Agreements, Tax Increment Financing, construction lending, and grants/forgivable loans. Track record: 500+ homes/lots funded across 8 counties; 24 current projects funded and underway; $15K average grant per dwelling unit; 1:10 leverage ratio ($1 public for every $9 private).

Funds (2)