Industrial Site Loan Fund (ISLF)

About this funding opportunity

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Page Navigation Industrial Site Loan Fund (ISLF) Program

The legislature adopted House Bill 4084 (2025) and committed $25 million dollars to the Industrial Site Loan Fund (ISLF) to support public and private investments in industrial lands projects, including property acquisition/consolidation, transportation improvements, utility improvements, and environmental remediation or mitigation.

The Industrial Site Loan Fund will increase the supply of ready industrial land for traded-sector businesses.

Contact

Business Oregon Industrial Lands

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ISLF Open for Applications

Business Oregon is pleased to announce a Request for Applications (RFA) for a new $25 million dollar industrial site readiness fund for municipalities and private businesses opening Wednesday, July 8, 2026 at 8:30am (PDT) and closing on Friday, September 4, 2026 at 5:00pm (PDT).

Applicants may choose to submit an application for either a Planning Project or Development Project. The minimum loan or forgivable loan amount per Project is $25,000. Applications for Planning Projects shall be considered for up to $250,000 as forgivable loan. Applications for Development Projects shall be considered for up to $4,000,000. Loan repayment may be deferred for up to 5 years.

Download the RFA, application, and contract templates. Virtual Information Session to discuss the Industrial Site Loan Fund

Wednesday, July 15 1:30 pm - 2:30 pm PDT

Microsoft Teams Meeting link

Meeting ID: 218 182 701 341 090

Passcode: n6jn9kY2

For any questions, please email Sam Thomas.

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Topic areas: Advanced Manufacturing and Industry, Public Policy and Governance.

Funding amount

This other provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Industrial Site Loan Fund (ISLF) is administered by Business Oregon (Oregon Business Development Department) (Business Oregon), listed via Business Oregon (Oregon Business Development Department).