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Public Meeting

Info. Session for Nonprofits and Banks

Pendleton Convention Center 1601 Westgate
Event Contact Person: Tillie Hasson

About this event

This event is provided by Oregon Facilities Authority

OFA’s informational session for nonprofits and banks is about OFA’s “Small Nonprofit Accelerated Bond Program” (“SNAP Bonds”), as well as OFA’s other bond programs.

The SNAP Bond program allows §501(c)(3) nonprofits to benefit from low cost financing for bank loans for the construction, purchase or remodeling of their facilities. A nonprofit organization works closely with a bank and OFA to arrange a SNAP Bond. The discussion will focus on the benefits of the program for nonprofits and the structure/requirements of the program.