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Successful Bond Sale Generates $140.1 Million For Affordable Housing, Food Bank Facilities, And Community Improvement Projects Statewide
The Lottery Revenue Bond offering was Treasury’s first of several upcoming planned sales
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Behavioral health facilities, food assistance and emergency preparedness programs, housing infrastructure projects, and more, are set to receive funding following the successful completion of an Oregon Lottery Revenue Bond sale this month. Facilitated through Treasury’s Buy Oregon Bonds Program, the completed offering will provide $140.1 million for statewide programs, funds, and community projects.

“These bonds will fund buildings and other capital needs for vital programs that will give more Oregonians a place to call home, help more people recover from substance use or mental health issues, and get food to hungry families,” Oregon State Treasurer Elizabeth Steiner said. “I’m glad our financial strength enables us to issue these bonds at favorable rates, so more money goes toward programs.”

The bonds were issued in two series: Series A (tax-exempt) and Series B (federally taxable), offering flexibility to meet different financing needs and attract a broader range of investors. Proceeds from the sale will help fund capital improvement projects to support the preservation of affordable housing, water and housing infrastructure development, food assistance services production and warehouse facilities, and the Central Oregon Ready, Responsive, Resilient program. For a full list of funded projects view the offering’s official statement on the Buy Oregon Bonds website.

Oregon’s strong economic position and Treasury’s prudent management of state debt has allowed the Oregon Lottery’s credit ratings to remain steady and solid, yielding favorable interest rates despite a market environment in flux. As a result, the State of Oregon saves millions of dollars in interest costs over time, allowing greater flexibility with the management of state debt.

Upcoming State of Oregon bond offerings include:

  • Week of June 1st - General Obligation: Series A Article XI-Q (Tax-Exempt), Series B Article XI-Q (Taxable – Sustainability Bonds), and Series C Article XI-M&N (Tax-Exempt) - $685 million
  • Spring 2026 – Oregon Housing & Community Services: Mortgage Revenue Bonds
  • Spring 2026 – Veterans’ Welfare GO Bonds
  • Summer 2026 – Oregon Revenue Bonds
  • Summer 2026 – Oregon Housing & Community Services: Mortgage Revenue Bonds

For more information about the Buy Oregon Bonds Program and upcoming bond offerings visit: www.BuyOregonBonds.com.


Contacts
Eric Engelson
Public Information Director
Oregon State Treasury
503-373-7609


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