Immediate Opportunity Fund
The Immediate Opportunity Fund (IOF) is a discretionary program managed by the Oregon Department of Transportation to support economic development by funding roadway improvements. Offered by Oregon Department of Transportation; awards $1.0M.
Key Facts
- Funder
- Oregon Department of Transportation
- Award amount
- $1.0M
- Deadline
- Rolling / not specified
- Geography
- Oregon
- Status
- Open
About This Grant
The Immediate Opportunity Fund (IOF) is a discretionary program managed by the Oregon Department of Transportation to support economic development by funding roadway improvements. Its primary purpose is to provide funds quickly to influence business location, relocation, or retention in Oregon, especially when other funding sources have been exhausted. The program is funded by motor vehicle gas-taxes and has $5 million available per biennium, disbursed on a first-come, first-serve basis.
Full requirements and application instructions: official listing.
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