The Department of Commerce Economic Development Administration (EDA) awarded a $29.4 million project grant under the Economic Adjustment Assistance (EAA) program to the Port of Portland to modernize and boost Oregon's forest products industry. The Port will lead the Oregon Mass Timber Coalition in developing and strengthening regional industry clusters focused on accelerating affordable housing production and providing workforce training. Key projects funded include working with rural, forest-dependent communities to increase access to wood fiber and facilitate a workforce development program for wood-based products. Resources will also support university research and development programs conducting design and prototyping of new construction materials. Additionally, the grant will assist state agencies in establishing a regulatory framework to accommodate modular mass timber homes in rural and wildlife-impacted areas. The investment aims to create good-paying jobs, enhance U.S. competitiveness, and embrace economic equity while restoring forest health once implemented by September 2027.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $10.0m | 9/8/22 |