Semiconductor Industrial Lands Loan (SILL) Program

About this funding opportunity

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Search this siteSubmitclose Semiconductor Industrial Land Loan (SILL) Program

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The Legislature adopted Senate Bill 4 in 2023 and committed $10 million dollars to the Industrial Lands Loan Fund to support private and public investments in industrial lands projects associated with new or expanded semiconductor manufacturing industry uses. The Semiconductor Industrial Lands Loan (SILL) Program's purpose is to accelerate investment in planning and improving industrial lands to support investment in semiconductor manufacturing uses and increase the state’s inventory of project-ready industrial sites for semiconductor manufacturing industry investments. The SILL Program is a forgivable loan program designed to reimburse government entities, property owners and businesses, up to $2.5 million for development projects, and planning activities of at least $100,000 for sites of 10 acres or more. Development projects can include a range of eligible activities such as land acquisition, infrastructure and utility improvements, and environmental remediation or mitigation of industrial properties for semiconductor manufacturing uses.

Contact

Business Oregon Industrial Lands

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SILL Round 2 Request for Applications Opens January 15

Business Oregon is pleased to announce a second round of applications to be accepted for the semiconductor industrial land loan fund. The Round 2 Request for Applications begins January 15, 2025 and closes on February 10, 2025 at 5:00 pm Pacific Time. SILL provides forgivable loans for industrial land readiness activities for locations within 50 miles from present semiconductor industry clusters (see below for who is eligible and eligible activities).

Business Oregon has awarded approximately $8.9 million dollars across 5 projects from SILL Round 1. Round 2 will award a minimum of $100,000 and up to a maximum of $1.1 million dollars to eligible projects. Who is Eligible? Cities, Counties, Ports (as defined in ORS 777.005 to 777.72, Airport districts (as defined in ORS 838), the Port of Portland, Federally Recognized Tribes and municipal entities that own or operate land, that is investing in the preparation of the land for a development project by a third party or has entered into a development or other agreement with the private owner of industrial land to prepare the land for a development project. Private Owners including Businesses or Landowners (individuals, trusts, cooperatives, or any other organization type that can show ownership of zoned industrial land) that have an agreement with a local jurisdiction for the development of public infrastructure for the land or Private Owners that are investing in the preparation of the land for a development project by a third party. Eligible applicant site and project requirements must have site’s of industrial zoned land of ten acres or larger, planning activities of at least $100,000 of funding requests and development projects of no greater than $2.5 million in funding requests. Proposed projects must consist of at least 10 acres of site area, be…

Topic areas: Advanced Manufacturing and Industry, Information and Communication Technologies (ICT).

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

Semiconductor Industrial Lands Loan (SILL) Program is administered by Business Oregon (Oregon Business Development Department) (Business Oregon), listed via Business Oregon (Oregon Business Development Department).