River Loans

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River Loans offer flexible financing to support investments within the Riverfront Urban Renewal District that align with the community’s vision and encourage a robust and thriving area. This funding assistance is available for projects that contribute to the renewal and redevelopment of our river district, along the Willamette River, to create an attractive place to work, visit and play.

Funds can be used for but are not limited to:

  • Accessibility projects
  • Building rehabilitation or renovation
  • Facade enhancements
  • Historic preservation
  • Pedestrian covers
  • Tenant improvements
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Interest Rate

Interest rate is fixed, typically below market, for the term of the loan.


Loan Term

Repayment terms are structured to meet individual project needs.


Fees

$50 non-refundable application fee

1% loan fee

Filing fees


Collateral

Business assets

Real property
Personal guarantees

Loan Amount

$75,000 - $500,000: dependent upon availability of funds. Applications for larger or smaller loan amounts may be considered on a case-by-case basis.


Matching Funds

Project financing will not exceed 50% of overall project budget.


Eligibility

Located within the Riverfront District (see map below)

Property owners

Tenants

River District Map

Contact Us

  1. Aaron Doreen


    Business Loan Analyst
    99 W 10th Ave
    Eugene, OR 97401
    Ph: 541-682-5448
    Fx: 541-682-5572
    Email