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​About the Oregon Facilities Authority

Please visit​ to learn more about how the Oregon Facilities Authority (OFA) helps nonprofits and the public, and for meeting records and  application materials.

The OFA is the Oregon state agency that helps nonprofit organizations access low-cost financing for capital projects through the issuance of tax exempt conduit revenue bonds.

OFA was created by the Oregon Legislature in 1989. Since inception, it has issued more than $3.7 billion in bonds.

Interest on these bonds is exempt from federal income tax and state personal income tax. As a result, qualified organizations can achieve lower borrowing costs by partnering with OFA to finance their capital projects.


Application Process

A borrower interested in issuing through OFA — whether in the traditional or SNAP program — should contact the Executive Director to discuss the project. Complete appropriate OFA application (see below), and appear at the next monthly OFA meeting for preliminary approval. If the application receives preliminary approval, the borrower works with OFA and others to prepare the transaction for closing. When the bond documents are substantially complete, the borrower again appears at the OFA meeting for final approval. Final approval means that OFA recommends the transaction to the Office of the State Treasurer, which works with the borrower to close the transaction. 

Traditional Bond Program SNAP Loan Program
Traditional Closing Fee Schedule   SNAP Loan Application  
Traditional Application (coming soon)  SNAP Loan Application​
Traditional List of Bond Counsel   SNAP Loan Fee Schedule



Post Issuance Compliance

Post Issuance Compliance Documents
  OFA's Post Issuance Compliance Procedure  
  Suggested Post Issuance Compliance Procedure for Borrower  
  IRS Information of Post Issuance Compliance 
 IRS Primer: Monitoring Post Issuance Compliance  
 SEC Investor Bulletin: New Rules Improving Municipal Disclosure 


2017 Meeting and Application Dates

August 14    00. Working Agenda.pdfAgenda 8-14-17
​July 10          Meeting Notice​     Agenda Book​  
June 22         Informational Session​  
June 12         Meeting Notice    Agenda Book      
May 8            Minutes​  ​   
April 10          Minutes​  ​  
March 13       Minutes  ​    
Feb 22           Informational Session​  
Feb 13           Cancellation Notice  
Jan 9             Minutes​  
Dec 12          Minutes​​  
Nov 16          Informational Session  
Nov 14          Cancellation Notice  
Oct 14           Minutes​  
Sept 20         Minutes   
Sept 12         Minutes  
August 8       Cancellation Notice​       ​  ​

 Annual Reports

Other Useful Links

The Oregon Facilities Authority ("OFA" or "Authority") is affiliated with the national organization: The National Association of Health and Educational Finance Authorities.
For more information on this organization, as well as access to its most current quarterly newsletter, NAHEFFA:

Other Organizations


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